Growth Metrics

Vericel (VCEL) Research & Development: 2009-2024

Historic Research & Development for Vericel (VCEL) over the last 16 years, with Dec 2024 value amounting to $24.8 million.

  • Vericel's Research & Development rose 3.69% to $6.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $25.2 million, marking a year-over-year increase of 1.85%. This contributed to the annual value of $24.8 million for FY2024, which is 17.85% up from last year.
  • Vericel's Research & Development amounted to $24.8 million in FY2024, which was up 17.85% from $21.0 million recorded in FY2023.
  • Vericel's Research & Development's 5-year high stood at $24.8 million during FY2024, with a 5-year trough of $13.0 million in FY2020.
  • In the last 3 years, Vericel's Research & Development had a median value of $21.0 million in 2023 and averaged $21.9 million.
  • Per our database at Business Quant, Vericel's Research & Development tumbled by 57.16% in 2020 and then increased by 25.09% in 2021.
  • Yearly analysis of 5 years shows Vericel's Research & Development stood at $13.0 million in 2020, then grew by 25.09% to $16.3 million in 2021, then climbed by 22.45% to $19.9 million in 2022, then climbed by 5.51% to $21.0 million in 2023, then rose by 17.85% to $24.8 million in 2024.