earnings
confidence high
sentiment positive
materiality 0.85
Vericel Q2 revenue $63.2M (+20% YoY); net loss narrows to $0.6M; adj. EBITDA up 112% to $13.4M
Vericel Corp
2025-Q2 EPS reported
-$0.24
revenue$115,838,000
- Record Q2 total revenue $63.2M, up 20% YoY; MACI revenue $53.5M, up 21%.
- Gross margin improved to 74% (vs 70% Q2 2024); non-GAAP adj. EBITDA $13.4M, 112% growth, margin 21%.
- Net loss narrowed to $0.6M ($0.01/sh) from $4.7M loss ($0.10/sh) last year.
- Cash & investments $164M, no debt; reaffirmed FY guidance: MACI revenue growth low 20s, gross margin 74%, adj. EBITDA margin 26%.
- Received FDA IND clearance for Phase 3 MACI Ankle study; ~600 MACI Arthro surgeons trained.
item 9.01