earnings
confidence high
sentiment positive
materiality 0.80
Vericel Q1 revenue up 30% to $68.4M, net loss narrows; raises FY revenue guidance to $326-336M
Vericel Corp
2026-Q1 EPS reported
-$0.12
revenue$68,425,000
- Total revenue up 30% to $68.4M; MACI revenue up 22% to $56.4M, Burn Care up 91% to $12.0M.
- Net loss narrowed to $6.3M from $11.2M; adjusted EBITDA up 195% to $9.6M (14% of revenue).
- Raised full-year 2026 revenue guidance by $10M to $326-336M; reaffirmed ~75% gross margin and ~27% adjusted EBITDA margin.
- Free cash flow of $15.1M; cash and investments $211M, no debt.
- Received FDA approval for MACI commercial manufacturing at new facility; BARDA award up to $197M for NexoBrid.