Vericel (VCEL) Operating Leases (2019 - 2026)

Vericel's (VCEL) quarterly Operating Leases came in at $95.0 million in Q1 2026, up 8.24% year-on-year from $87.8 million in Q1 2025, and up 15.5% quarter-over-quarter from $82.3 million in Q4 2025.

Vericel (VCEL) Operating Leases (2019 - 2026) Analysis & Trends

Vericel has disclosed Operating Leases across 8 years of filings, most recently posting $95.0 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $95.0 million, up 8.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $95.0 million (up 8.24% YoY), and the FY2025 annual result was $82.3 million, down 8.16% from the prior year.
  • Operating Leases came in at $95.0 million for Q1 2026 at Vericel, up from $82.3 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $100.4 million in Q2 2025 to a low of $43.3 million in Q4 2022.
  • The 5-year median for Operating Leases is $84.2 million (2025), against an average of $76.4 million.
  • Across the five-year window, Operating Leases jumped 89.18% in 2023 and fell 13.65% in 2025, its largest moves.
  • Vericel's Operating Leases stood at $43.3 million in 2022, then surged by 89.18% to $81.9 million in 2023, then rose by 9.45% to $89.6 million in 2024, then slipped by 8.16% to $82.3 million in 2025, then rose by 15.5% to $95.0 million in 2026.
  • The last three Operating Leases figures came in at $95.0 million (Q1 2026), $82.3 million (Q4 2025), and $84.2 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 95.04 Mn
Dec 31, 2025 82.28 Mn
Sep 30, 2025 84.16 Mn
Jun 30, 2025 100.44 Mn
Mar 31, 2025 87.80 Mn
Dec 31, 2024 89.59 Mn
Sep 30, 2024 97.46 Mn
Jun 30, 2024 95.59 Mn
Mar 31, 2024 86.14 Mn
Dec 31, 2023 81.86 Mn
Sep 30, 2023 85.00 Mn
Jun 30, 2023 83.38 Mn
Mar 31, 2023 46.88 Mn
Dec 31, 2022 43.27 Mn
Sep 30, 2022 48.12 Mn
Jun 30, 2022 44.96 Mn
Mar 31, 2022 46.05 Mn
Dec 31, 2021 47.15 Mn
Sep 30, 2021 48.54 Mn
Jun 30, 2021 46.93 Mn