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Vericel (VCEL) Operating Expenses (2016 - 2026)

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

  • On a quarterly basis, Operating Expenses rose 26.72% to $50.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $194.6 million, a 16.09% increase, with the full-year FY2025 number at $194.6 million, up 16.09% from a year prior.
  • Operating Expenses hit $50.7 million in Q4 2025 for Vericel, up from $46.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for VCEL hit a ceiling of $50.7 million in Q4 2025 and a floor 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.
  • Tracing VCEL's Operating Expenses over 5 years: 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.
  • 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.