Vericel (VCEL) Tax Provisions (2020 - 2024)

Vericel's (VCEL) quarterly Tax Provisions came in at $148000.0 in Q4 2024, down 86.55% year-on-year from $1.1 million in Q1 2024, and down 86.55% quarter-over-quarter from $1.1 million in Q4 2023.

Vericel (VCEL) Tax Provisions (2020 - 2024) Analysis & Trends

Vericel has disclosed Tax Provisions across 5 years of filings, most recently posting $148000.0 for Q4 2024.

  • Tax Provisions for Q4 2024 came in at $148000.0, down 86.55% year-over-year; the trailing twelve-month figure through Dec 2024 was $962000.0 (down 37.33% YoY), and the FY2025 annual result was $859000.0, up 480.41% from the prior year.
  • Tax Provisions came in at $148000.0 for Q4 2024 at Vericel, down from $1.1 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $1.1 million in Q4 2023 to a low of -$326000.0 in Q4 2021.
  • The 5-year median for Tax Provisions is $143000.0 (2021), against an average of $194666.7.
  • Across the five-year window, Tax Provisions jumped 314.72% in 2022 and slumped 1461.9% in 2023, its largest moves.
  • Vericel's Tax Provisions stood at $180000.0 in 2020, then slumped by 281.11% to -$326000.0 in 2021, then surged by 314.72% to $700000.0 in 2022, then surged by 57.14% to $1.1 million in 2023, then sank by 86.55% to $148000.0 in 2024.
  • The last three Tax Provisions figures came in at $148000.0 (Q4 2024), $1.1 million (Q4 2023), and -$286000.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (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 -11.20 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 216,000.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -859,000.00
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 221.50 Mn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Vericel 2.04 Bn 1.90 Bn 49.27 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2024 148,000.00
Dec 31, 2023 1.10 Mn
Sep 30, 2023 -286,000.00
Dec 31, 2022 700,000.00
Sep 30, 2022 21,000.00
Dec 31, 2021 -326,000.00
Jun 30, 2021 72,000.00
Mar 31, 2021 143,000.00
Dec 31, 2020 180,000.00