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News  ›  GlobeNewswire Inc.

Vericel Announces Preliminary 2025 Financial Results and Business Updates

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Na
Vericel Announces Preliminary 2025 Financial Results and Business Updates

Vericel Corporation announced preliminary 2025 financial results with total revenue of $276 million, driven by MACI revenue of $239.5 million. The company achieved 23% fourth quarter revenue growth, 74% gross margin, and 26% adjusted EBITDA margin, with GAAP net income profitability for the second consecutive year. The company completed its MACI sales force expansion and initiated a clinical study for MACI Ankle, while maintaining $200 million in cash with no debt.

Insights
MOD   neutral

Mentioned as top holding but no detailed analysis provided


VCEL   positive

Strong financial performance with 23% Q4 revenue growth, achievement of profitability for second consecutive year, robust gross margins (74%), solid cash position ($200M with no debt), successful sales force expansion, and progress on new product development (MACI Ankle clinical study). Management expressed confidence in 2026 momentum and mid-term targets.