Vericel (VCEL) Net Margin (2011 - 2026)
Vericel's Net Margin was 2.85% in Q2 2026, up 3.72 percentage points from -0.87% a year earlier and up 12.06 percentage points from the prior quarter.
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Analysis
Vericel (VCEL) Net Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Vericel's Net Margin was 7.91% through Jun 30, 2026, up 5.05 percentage points year-over-year; for FY2025, it was 5.98%, up 1.61 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +3.67 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 4.37% in FY2024 (+5.98 pp), -1.61% in FY2023 (+8.55 pp), -10.17% in FY2022 (-5.38 pp) and -4.78% in FY2021 (-7.09 pp).
- Quarterly Net Margin has moved between -24.19% (Q2 2022) and 26.28% (Q4 2024) over five years.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of +3.83 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2023 (a gain of 13.26 percentage points); the worst was Q3 2021 (a drop of 25.51 percentage points).
- Per Business Quant data, VCEL's Net Margin in the three quarters before Q2 2026 was -9.21% (Q1 2026), 25.01% (Q4 2025) and 7.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,169.70 Bn | 1,138.29 Bn | 19.71 Bn | 30.88% |
| 2 | Johnson & Johnson | 647.50 Bn | 567.36 Bn | 17.30 Bn | 0.83% |
| 3 | AbbVie | 504.26 Bn | 477.37 Bn | 12.70 Bn | 21.27% |
| 4 | Merck | 368.38 Bn | 322.75 Bn | 12.21 Bn | -8.04% |
| 5 | Novartis Ag | 303.14 Bn | 267.13 Bn | 11.24 Bn | 22.65% |
| 6 | Astrazeneca | 268.24 Bn | 241.93 Bn | 12.86 Bn | 16.30% |
| 7 | Amgen | 242.50 Bn | 197.90 Bn | 7.24 Bn | 23.62% |
| 8 | Gilead Sciences | 194.79 Bn | 168.99 Bn | 6.22 Bn | -134.51% |
| 9 | Pfizer | 173.14 Bn | 119.78 Bn | 10.94 Bn | -1.65% |
| 10 | Vericel | 2.18 Bn | 1.60 Bn | 56.40 Mn | 2.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.85% |
| Mar 31, 2026 | -9.21% |
| Dec 31, 2025 | 25.01% |
| Sep 30, 2025 | 7.52% |
| Jun 30, 2025 | -0.87% |
| Mar 31, 2025 | -21.38% |
| Dec 31, 2024 | 26.28% |
| Sep 30, 2024 | -1.56% |
| Jun 30, 2024 | -8.89% |
| Mar 31, 2024 | -7.53% |
| Dec 31, 2023 | 19.99% |
| Sep 30, 2023 | -8.03% |
| Jun 30, 2023 | -10.93% |
| Mar 31, 2023 | -18.27% |
| Dec 31, 2022 | 11.24% |
| Sep 30, 2022 | -17.06% |
| Jun 30, 2022 | -24.19% |
| Mar 31, 2022 | -19.66% |
| Dec 31, 2021 | 9.53% |
| Sep 30, 2021 | -14.29% |
API Access
Vericel Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();