VCEL Vericel Corp

Q3 2025 10-Q
Filed: Nov 6, 2025Period ending Sep 30, 2025
Health Care
Biological Products, (No Diagnostic Substances)SEC EDGAR

Vericel Corp (VCEL) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Risk Factors

  • New FDA operational risk from 2025 federal employee layoffs affecting review of MACI Ankle IND and clinical trial enrollment start in H2 2025
  • Most material update: disruptions and leadership resignations at FDA causing potential delays in inspections and approvals of manufacturing facilities
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$68M

+16.6% YoY +6.7% QoQ

Net Income

$5M

+663.2% YoY +1017.5% QoQ

Gross Margin

73.5%

+152bp YoY -25bp QoQ

Operating Margin

5.1%

+937bp YoY +832bp QoQ

Net Margin

7.5%

+907bp YoY +839bp QoQ

ROE

1.6%

Total Assets

$453M

EPS (Diluted)

$0.11

+1200.0% YoY +1200.0% QoQ

Operating Cash Flow

$22M

+116.8% YoY +168.8% QoQ

Source: XBRL data from Vericel Corp Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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