Vericel (VCEL) Operating Expenses (2010 - 2026)

Vericel has disclosed Operating Expenses across 17 years of filings, most recently posting $57.3 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $57.3 million, up 16.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $202.8 million (up 15.35% YoY), and the FY2025 annual result was $194.6 million, up 16.09% from the prior year.
• Operating Expenses came in at $57.3 million for Q1 2026 at Vericel, up from $50.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $57.3 million in Q1 2026 to a low of $30.7 million in Q1 2022.
• The 5-year median for Operating Expenses is $40.0 million (2024), against an average of $40.5 million.
• Across the five-year window, Operating Expenses gained 4.23% in 2022 and rose 26.72% in 2025, its largest moves.
• Vericel's Operating Expenses stood at $32.2 million in 2022, then gained by 11.23% to $35.8 million in 2023, then increased by 11.86% to $40.0 million in 2024, then rose by 26.72% to $50.7 million in 2025, then gained by 13.05% to $57.3 million in 2026.
• The last three Operating Expenses figures came in at $57.3 million (Q1 2026), $50.7 million (Q4 2025), and $46.1 million (Q3 2025), per Business Quant data.