Vericel Corporation (VCEL) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 68.42M | 92.92M | 67.5M | 63.24M | 52.6M | 75.38M | 57.91M | 52.66M | 51.28M | 65M | 45.58M | 45.92M |
| Revenue Growth % | 30.09% | 23.27% | 16.58% | 20.09% | 2.57% | 15.97% | 27.04% | 14.68% | 25.02% | 23.35% | 18.24% | 23.96% |
| Cost of Goods Sold | 19.16M | 19.79M | 17.92M | 16.63M | 16.32M | 16.88M | 16.25M | 16.06M | 15.93M | 16.49M | 14.97M | 15.98M |
| COGS % of Revenue | 28% | 21.3% | 26.54% | 26.29% | 31.04% | 22.39% | 28.07% | 30.5% | 31.06% | 25.37% | 32.85% | 34.8% |
| Gross Profit | 49.27M | 73.13M | 49.59M | 46.61M | 36.27M | 58.5M | 41.65M | 36.6M | 35.35M | 48.51M | 30.61M | 29.94M |
| Gross Margin % | 72% | 78.7% | 73.46% | 73.71% | 68.96% | 77.61% | 71.93% | 69.5% | 68.94% | 74.63% | 67.15% | 65.2% |
| Gross Profit Growth % | 35.82% | 25.01% | 19.04% | 27.35% | 2.6% | 20.6% | 36.09% | 22.24% | 33.31% | 26.82% | 21.3% | 31.01% |
| Operating Expenses | 57.33M | 50.71M | 46.13M | 48.64M | 49.06M | 40.02M | 44.12M | 42.63M | 40.82M | 35.78M | 35.66M | 35.9M |
| OpEx % of Revenue | 83.79% | 54.58% | 68.35% | 76.92% | 93.28% | 53.09% | 76.19% | 80.95% | 79.6% | 55.04% | 78.25% | 78.18% |
| Selling, General & Admin | 49.23M | 43.46M | 39.82M | 41.91M | 41.8M | 35.1M | 38.02M | 35.27M | 34.4M | 30.88M | 29.99M | 30.65M |
| SG&A % of Revenue | 71.94% | 46.77% | 58.99% | 66.27% | 79.48% | 46.56% | 65.67% | 66.97% | 67.08% | 47.5% | 65.79% | 66.74% |
| Research & Development | 8.1M | 7.25M | 6.32M | 6.73M | 7.26M | 4.92M | 6.09M | 7.36M | 6.42M | 4.9M | 5.68M | 5.25M |
| R&D % of Revenue | 11.84% | 7.81% | 9.36% | 10.64% | 13.8% | 6.53% | 10.52% | 13.98% | 12.52% | 7.54% | 12.45% | 11.44% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -8.06M | 22.41M | 3.45M | -2.03M | -12.79M | 18.48M | -2.46M | -6.03M | -5.46M | 12.73M | -5.06M | -5.96M |
| Operating Margin % | -11.79% | 24.12% | 5.11% | -3.21% | -24.32% | 24.52% | -4.26% | -11.45% | -10.66% | 19.59% | -11.09% | -12.98% |
| Operating Income Growth % | 36.96% | 21.3% | 239.96% | 66.36% | -134.11% | 45.15% | 51.26% | -1.17% | 33.18% | 109.22% | 25.5% | 34.36% |
| EBITDA | -4.8M | 25.68M | 6.39M | 797K | -10.11M | 19.96M | -1.14M | -4.71M | -4.09M | 13.88M | -3.9M | -4.79M |
| EBITDA Margin % | -7.01% | 27.64% | 9.47% | 1.26% | -19.21% | 26.48% | -1.97% | -8.94% | -7.97% | 21.36% | -8.56% | -10.43% |
| EBITDA Growth % | 52.53% | 28.69% | 661.37% | 116.93% | -147.33% | 43.78% | 70.82% | 1.71% | 41.79% | 94.83% | 32.4% | 40.33% |
| D&A (Non-Cash Add-back) | 3.27M | 3.27M | 2.94M | 2.83M | 2.69M | 1.48M | 1.33M | 1.32M | 1.38M | 1.15M | 1.15M | 1.17M |
| EBIT | -8.06M | 24.26M | 5.23M | -396K | -11.09M | 20.11M | -747K | -4.53M | -3.71M | 14.25M | -3.8M | -4.87M |
| Net Interest Income | 1.69M | 1.72M | 1.65M | 1.5M | 1.5M | 1.41M | 1.42M | 1.36M | 1.61M | 1.28M | 1.11M | 946K |
| Interest Income | 1.85M | 1.89M | 1.81M | 1.66M | 1.66M | 1.56M | 1.58M | 1.51M | 1.76M | 1.44M | 1.26M | 1.09M |
| Interest Expense | 160K | 162K | 158K | 157K | 153K | 154K | 154K | 153K | 153K | 156K | 150K | 149K |
| Other Income/Expense | 1.76M | 1.69M | 1.62M | 1.48M | 1.55M | 1.48M | 1.56M | 1.35M | 1.6M | 1.36M | 1.11M | 941K |
| Pretax Income | -6.3M | 24.1M | 5.07M | -553K | -11.25M | 19.95M | -901K | -4.68M | -3.86M | 14.09M | -3.95M | -5.02M |
| Pretax Margin % | -9.21% | 25.94% | 7.52% | -0.87% | -21.38% | 26.47% | -1.56% | -8.89% | -7.53% | 21.68% | -8.66% | -10.93% |
| Income Tax | 0 | 859K | 0 | 0 | 0 | 148K | 0 | 0 | 0 | 1.1M | -286K | 0 |
| Effective Tax Rate % | 0% | 3.56% | 0% | 0% | 0% | 0.74% | 0% | 0% | 0% | 7.81% | 7.25% | 0% |
| Net Income | -6.3M | 23.24M | 5.07M | -553K | -11.25M | 19.81M | -901K | -4.68M | -3.86M | 12.99M | -3.66M | -5.02M |
| Net Margin % | -9.21% | 25.01% | 7.52% | -0.87% | -21.38% | 26.28% | -1.56% | -8.89% | -7.53% | 19.99% | -8.03% | -10.93% |
| Net Income Growth % | 43.96% | 17.35% | 663.15% | 88.19% | -191.2% | 52.44% | 75.38% | 6.73% | 48.47% | 119.4% | 44.35% | 43.99% |
| Net Income (Continuing) | -6.3M | 23.24M | 5.07M | -553K | -11.25M | 19.81M | -901K | -4.68M | -3.86M | 12.99M | -3.66M | -5.02M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.12 | 0.45 | 0.10 | -0.01 | -0.23 | 0.38 | -0.02 | -0.10 | -0.08 | 0.26 | -0.08 | -0.11 |
| EPS Growth % | 47.83% | 18.42% | 631.52% | 88.57% | -186.78% | 46.15% | 76.04% | 12.55% | 38.31% | 116.67% | 45.14% | 42.11% |
| EPS (Basic) | -0.12 | 0.46 | 0.10 | -0.01 | -0.23 | 0.40 | -0.02 | -0.10 | -0.08 | 0.27 | -0.08 | -0.11 |
| Diluted Shares Outstanding | 50.77M | 52.07M | 51.91M | 50.37M | 49.91M | 52.21M | 49.09M | 48.69M | 48.14M | 50.51M | 47.65M | 47.57M |
| Basic Shares Outstanding | 50.77M | 50.59M | 50.49M | 50.37M | 49.91M | 49.47M | 49.09M | 48.69M | 48.14M | 47.74M | 47.65M | 47.57M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - |