---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-050815"
form_type: "8-K"
ticker: "VCEL"
cik: "0000887359"
company_name: "Vericel Corp"
filed_at: "2026-07-30T12:03:54+00:00"
generated_at: "2026-07-30T12:05:04.862890+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vericel Q2 revenue up 22% to $77.5M, raises FY guidance, authorizes $200M buyback

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-050815
- form_type: 8-K
- ticker: VCEL
- cik: 0000887359
- company_name: Vericel Corp
- filed_at: 2026-07-30T12:03:54+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887359/000162828026050815/0001628280-26-050815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887359/000162828026050815/vcel-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-050815
- JSON: https://secwatch.observer/filing/0001628280-26-050815.json
- Plain text: https://secwatch.observer/filing/0001628280-26-050815.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.