earnings
confidence high
sentiment positive
materiality 0.75
Vericel Q2 revenue up 22% to $77.5M, raises FY guidance, authorizes $200M buyback
Vericel Corp
- Q2 total revenue $77.5M (+22% YoY); MACI $65.5M (+23%); Burn Care $12.0M (+22%).
- Net income $2.2M ($0.04 diluted EPS) vs net loss $0.6M in Q2 2025; adjusted EBITDA margin 19%.
- FY 2026 revenue guidance raised to $330-340M (from $326-336M); MACI to $284-290M; Burn Care to $46-50M.
- Board authorized $200M share repurchase program; company has $227M cash and no debt.
- Free cash flow $14.3M in Q2; record MACI biopsies and implants; UK MHRA submission for MACI.