Vericel (VCEL) Operating Income (2010 - 2026)

Vericel's (VCEL) quarterly Operating Income came in at -$8.1 million in Q1 2026, up 36.96% year-on-year from -$5.9 million in Q1 2025, and down 135.98% quarter-over-quarter from $22.4 million in Q4 2025.

Vericel (VCEL) Operating Income (2010 - 2026) Analysis & Trends

Vericel has disclosed Operating Income across 17 years of filings, most recently posting -$8.1 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$8.1 million, up 36.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.8 million (up 661.48% YoY), and the FY2025 annual result was $11.0 million, up 144.39% from the prior year.
  • Operating Income came in at -$8.1 million for Q1 2026 at Vericel, down from $22.4 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $22.4 million in Q4 2025 to a low of -$12.8 million in Q1 2025.
  • The 5-year median for Operating Income is -$5.5 million (2024), against an average of -$942529.4.
  • Across the five-year window, Operating Income tumbled 143.55% in 2022 and jumped 239.96% in 2025, its largest moves.
  • Vericel's Operating Income stood at $6.1 million in 2022, then soared by 109.22% to $12.7 million in 2023, then jumped by 45.15% to $18.5 million in 2024, then grew by 21.3% to $22.4 million in 2025, then tumbled by 135.98% to -$8.1 million in 2026.
  • The last three Operating Income figures came in at -$8.1 million (Q1 2026), $22.4 million (Q4 2025), and $3.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 Mn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -19.70 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -3.82 Mn
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.14 Bn
9 Abivax 91.96 Bn 91.96 Bn - -65.83 Mn
10 Vericel 2.04 Bn 1.90 Bn 49.27 Mn -8.06 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.06 Mn
Dec 31, 2025 22.42 Mn
Sep 30, 2025 3.45 Mn
Jun 30, 2025 -2.03 Mn
Mar 31, 2025 -12.79 Mn
Dec 31, 2024 18.48 Mn
Sep 30, 2024 -2.47 Mn
Jun 30, 2024 -6.03 Mn
Mar 31, 2024 -5.46 Mn
Dec 31, 2023 12.73 Mn
Sep 30, 2023 -5.06 Mn
Jun 30, 2023 -5.96 Mn
Mar 31, 2023 -8.18 Mn
Dec 31, 2022 6.09 Mn
Sep 30, 2022 -6.79 Mn
Jun 30, 2022 -9.08 Mn
Mar 31, 2022 -7.27 Mn
Dec 31, 2021 4.14 Mn
Sep 30, 2021 -4.96 Mn
Jun 30, 2021 -3.73 Mn