# Vericel (VCEL) — Earnings

VCEL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/vcel/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.04 |
| EPS estimate | −$0.03 |
| EPS surprise | +238.41% |
| Revenue surprise | +6.56% |
| Revenue | $77.5M |
| Revenue estimate | $72.7M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/887359/000162828026050836/vcel-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/3979d0ef-6b35-9fc0-662d-f2a0c2dae607.html) |

Vericel reported Q2 2026 results on July 30, 2026. Earnings per share were $0.04, against an expected loss of $0.03, a 238.41% surprise. Revenue was $77.5 million, 6.56% above the $72.7 million consensus. A year earlier, in Q2 2025, Vericel lost $0.01 per share on revenue of $63.2 million, so revenue rose about 23% year over year.

Results follow a seasonal pattern. Q4 is the strongest quarter each year, and Q1 has been a loss in every year shown. Q2 2026 is the first profitable second quarter in the table. Annual results moved from losses of $0.36 per share in 2022 and $0.09 in 2023 to profits of $0.18 in 2024 and $0.31 in 2025. Revenue rose about 68%, from $164.4 million in 2022 to $276.2 million in 2025. Q4 2025 set the highs here at $0.45 per share and $92.9 million. The first half of 2026 brought revenue of $145.9 million, about 26% more than a year earlier. Vericel beat the EPS estimate in seven of the last eight quarters.

Vericel reported Q3 results between November 6 and November 9 in each of the past five years. That points to early November 2026 for the next report.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | −$0.03 | $0.04 | 238.41% | $72.7M | $77.5M |
| Q1 2026 | May 7, 2026 | −$0.15 | −$0.12 | 21.52% | $63.7M | $68.4M |
| Q4 2025 | Feb 26, 2026 | $0.41 | $0.45 | 9.97% | $90.9M | $92.9M |
| Q3 2025 | Nov 6, 2025 | −$0.01 | $0.10 | 1687.30% | $64.6M | $67.5M |
| Q2 2025 | Jul 31, 2025 | −$0.03 | −$0.01 | 68.45% | $64.5M | $63.2M |
| Q1 2025 | May 8, 2025 | −$0.12 | −$0.23 | -86.08% | $53.8M | $52.6M |
| Q4 2024 | Feb 27, 2025 | $0.32 | $0.38 | 18.90% | $76.5M | $75.4M |
| Q3 2024 | Nov 7, 2024 | −$0.05 | −$0.02 | 58.51% | $55.2M | $57.9M |
| Q2 2024 | Aug 1, 2024 | −$0.09 | −$0.10 | -7.64% | $52.6M | $52.7M |
| Q1 2024 | May 8, 2024 | −$0.11 | −$0.08 | 27.40% | $49.1M | $51.3M |
| Q4 2023 | Feb 29, 2024 | $0.17 | $0.26 | 49.68% | $63.9M | $65.0M |
| Q3 2023 | Nov 8, 2023 | −$0.12 | −$0.08 | 33.99% | $45.1M | $45.6M |
| Q2 2023 | Aug 2, 2023 | −$0.15 | −$0.11 | 27.54% | $42.1M | $45.9M |
| Q1 2023 | May 10, 2023 | −$0.15 | −$0.16 | -4.37% | $37.9M | $41.0M |
| Q4 2022 | Feb 23, 2023 | $0.04 | $0.12 | 233.33% | $52.9M | $52.7M |
| Q3 2022 | Nov 9, 2022 | −$0.10 | −$0.14 | -37.66% | $39.9M | $38.6M |
| Q2 2022 | Aug 3, 2022 | −$0.12 | −$0.19 | -55.48% | $38.3M | $37.0M |
| Q1 2022 | May 4, 2022 | −$0.12 | −$0.15 | -27.88% | $34.3M | $36.1M |
| Q4 2021 | Feb 24, 2022 | $0.14 | $0.09 | -37.06% | $49.0M | $47.6M |
| Q3 2021 | Nov 9, 2021 | −$0.03 | −$0.11 | -288.69% | $37.5M | $34.5M |

## Frequently Asked Questions

### When did Vericel (VCEL) last report earnings?

Vericel last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did VCEL beat earnings estimates?

Yes. Vericel reported EPS of $0.04 for Q2 2026 against a −$0.03 estimate — a 238.41% beat.

### How much revenue did VCEL report last quarter?

Vericel reported $77.5M in revenue for Q2 2026, against a consensus estimate of $72.7M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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