Growth Metrics

Vericel (VCEL) Operating Expenses (2016 - 2025)

Vericel (VCEL) has disclosed Operating Expenses for 16 consecutive years, with $50.7 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 26.72% to $50.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $194.6 million through Dec 2025, up 16.09% year-over-year, with the annual reading at $194.6 million for FY2025, 16.09% up from the prior year.
  • Operating Expenses hit $50.7 million in Q4 2025 for Vericel, up from $46.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $50.7 million in Q4 2025 to a low of $26.3 million in Q1 2021.
  • Historically, Operating Expenses has averaged $37.2 million across 5 years, with a median of $35.7 million in 2023.
  • Biggest five-year swings in Operating Expenses: skyrocketed 55.43% in 2021 and later rose 4.23% in 2022.
  • Year by year, Operating Expenses stood at $29.9 million in 2021, then grew by 7.6% to $32.2 million in 2022, then rose by 11.23% to $35.8 million in 2023, then grew by 11.86% to $40.0 million in 2024, then increased by 26.72% to $50.7 million in 2025.
  • Business Quant data shows Operating Expenses for VCEL at $50.7 million in Q4 2025, $46.1 million in Q3 2025, and $48.6 million in Q2 2025.