Vericel (VCEL) Research & Development (2010 - 2026)

Vericel has disclosed Research & Development across 17 years of filings, most recently posting $8.1 million for Q1 2026.

• Research & Development for Q1 2026 came in at $8.1 million, up 11.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.4 million (up 10.79% YoY), and the FY2025 annual result was $27.6 million, up 11.15% from the prior year.
• Research & Development came in at $8.1 million for Q1 2026 at Vericel, up from $7.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $8.1 million in Q1 2026 to a low of $4.8 million in Q2 2022.
• The 5-year median for Research & Development is $5.7 million (2023), against an average of $6.0 million.
• Peak annual rise in Research & Development reached 47.33% in 2025, while the deepest fall reached 8.58% in 2025.
• Vericel's Research & Development stood at $5.2 million in 2022, then declined by 6.56% to $4.9 million in 2023, then rose by 0.45% to $4.9 million in 2024, then jumped by 47.33% to $7.3 million in 2025, then advanced by 11.73% to $8.1 million in 2026.
• The last three Research & Development figures came in at $8.1 million (Q1 2026), $7.3 million (Q4 2025), and $6.3 million (Q3 2025), per Business Quant data.