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Vericel (VCEL) Operating Expenses (2016 - 2025)

Vericel's Operating Expenses history spans 16 years, with the latest figure at $50.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 26.72% year-over-year to $50.7 million; the TTM value through Dec 2025 reached $194.6 million, up 16.09%, while the annual FY2025 figure was $194.6 million, 16.09% up from the prior year.
  • Operating Expenses for Q4 2025 was $50.7 million at Vericel, up from $46.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $50.7 million in Q4 2025 and bottomed at $26.3 million in Q1 2021.
  • The 5-year median for Operating Expenses is $35.7 million (2023), against an average of $37.2 million.
  • The largest annual shift saw Operating Expenses soared 55.43% in 2021 before it increased 4.23% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $29.9 million in 2021, then rose by 7.6% to $32.2 million in 2022, then increased by 11.23% to $35.8 million in 2023, then rose by 11.86% to $40.0 million in 2024, then grew by 26.72% to $50.7 million in 2025.
  • Per Business Quant, the three most recent readings for VCEL's Operating Expenses are $50.7 million (Q4 2025), $46.1 million (Q3 2025), and $48.6 million (Q2 2025).