Vericel VCEL Revenue Breakdown

NASDAQ VCEL
$59.45 +0.42 (+0.71%)
At close: Nov 11, 2026 · 4:00 PM EST
Annual revenue breakdowns for Vericel, fiscal 2019 to 2025, as reported in its filings.
Annual history

Vericel Revenue by Product & Service

Years FY 2019–2025
Lines 3
FY 2025 Total $274.18M

Total Maci Implants, Kits, & Instruments was Vericel’s largest product and service line in fiscal 2025, bringing in $239.51M of $274.18M (87%).

Vericel revenue by product and service, fiscal 2019 to 2025
Product and Service FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Maci Implants, Kits, & Instruments $131.97M $164.80M $197.31M $239.51M
Epicel $31.73M $31.57M $36.62M $32.07M
Biopsy Kits & Instruments - Direct Bill $2.09M $2.09M $2.10M $2.61M
Total $165.79M $198.46M $236.03M $274.18M
Totals include 4 discontinued lines from earlier reporting.

Vericel revenue by product and service: what the figures show

Vericel brought in $274.18M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 16.2% from $236.03M in fiscal 2024. Total Maci Implants, Kits, & Instruments was the largest at $239.51M (87.4%), ahead of Epicel at $32.07M (11.7%) and Biopsy Kits & Instruments - Direct Bill at $2.61M (1.0%).

Compared with fiscal 2024, Total Maci Implants, Kits, & Instruments grew 21.4% to $239.51M, while Epicel fell 12.4% to $32.07M. From fiscal 2022 to 2025, combined revenue from these lines grew from $165.79M to $274.18M, a compound annual growth rate of 18.3%. Total Maci Implants, Kits, & Instruments' share of the total rose from 79.6% to 87.4%.

Questions

Vericel Revenue Breakdown FAQ

How does Vericel make money?

Vericel (VCEL) reports its revenue by product and service. In fiscal 2025, Total Maci Implants, Kits, & Instruments was its largest product and service line, bringing in $239.51M (87.4% of the total), followed by Epicel at $32.07M (11.7%).

What is Vericel's largest product and service line?

Total Maci Implants, Kits, & Instruments was Vericel's largest product and service line in fiscal 2025, bringing in $239.51M, or 87.4% of the $274.18M total across its three product and service lines.

Which Vericel product and service line is growing the fastest?

Total Maci Implants, Kits, & Instruments grew faster than Epicel in fiscal 2025, up 21.4% from $197.31M to $239.51M. Epicel fell 12.4% to $32.07M.

Where does this revenue breakdown data come from?

Every figure comes from Vericel's annual financial filings, as reported. Each line keeps the name Vericel gives it, and years follow its fiscal calendar.

How far back does Vericel's revenue breakdown go?

Vericel's revenue by product and service goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.