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Vericel (VCEL) gross margin by quarter

Vericel's gross margin was 73.3% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026. Over the last 4 quarters it ranged from 72.8% (Q2 2026) to 78.7% (Q4 2025).

Vericel gross margin by quarterVericel gross margin by quarter73.5%Q3 202578.7%Q4 202572.8%Q2 202673.3%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202673.3%+0.5 pts-0.1 pts
Q2 202672.8%-5.9 pts—
Q4 202578.7%+5.2 pts—
Q3 202573.5%——

Q3 2026 at a glance

Vericel, Q3 2026: revenue $85.4M (+26% year over year), operating margin 14.3%, net earnings $14.2M, operating cash flow $17.7M. The chart follows the revenue to costs, profit and cash.

Questions

What is Vericel's gross margin?

Vericel's gross margin was 73.3% in Q3 2026 (third quarter 2026), +0.5 pts from Q2 2026.

How has Vericel's gross margin changed?

Over the last 4 quarters it ranged from 72.8% (Q2 2026) to 78.7% (Q4 2025).

Q3 2026 results → · How Vericel makes money →