Welcome to our dedicated page for Vericel SEC filings (Ticker: VCEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Locating FDA trial updates, product revenue splits, and manufacturing risk factors inside Vericel’s dense biotech disclosures can feel overwhelming. Each 10-K explains cell-expansion costs, while sudden 8-Ks reveal trial results that move the stock overnight. If you have ever typed “Vericel SEC filings explained simply” or searched for “Vericel insider trading Form 4 transactions,” you already know the challenge.
Stock Titan solves it. Our AI reads every Vericel annual report 10-K, quarterly earnings report 10-Q filing, and real-time Form 4 insider transactions, then distills the numbers and legal language into plain English. Need to understand Vericel proxy statement executive compensation or track a surprise shipment issue flagged in a Vericel 8-K material events explained section? One click delivers an annotated summary, key metrics, and trend graphics. Subscribers receive alerts the moment a Vericel Form 4 insider transactions real-time filing hits EDGAR, helping you gauge executive confidence before the market reacts.
All filings appear in a single dashboard—historical and current—so you can:
- Compare cartilage-implant sales across quarters without scrolling 200 pages
- Monitor Vericel executive stock transactions Form 4 alongside price charts
- Export AI-driven ratios that spotlight R&D spending swings
Vericel (VCEL) delivered solid top-line growth in Q2-25 but remains loss-making year-to-date. Revenue rose 20% YoY to $63.2 m, driven mainly by MACI implants (+21% to $53.5 m) and the ongoing launch of NexoBrid (+52% to $1.2 m). Epicel contributed $8.6 m (+11%). Gross margin expanded to 74% (vs. 69%) as the largely fixed Cambridge manufacturing base leveraged higher volumes.
Operating expenses climbed 14% to $48.6 m, led by SG&A (+19% to $41.9 m) reflecting salesforce expansion, MACI Arthro marketing and Burlington facility depreciation. As a result, Q2 operating loss narrowed to $2.0 m (from $6.0 m) and net loss to $0.6 m, or $(0.01) per share. For 1H-25, revenue increased 11% to $115.8 m but net loss widened to $11.8 m due to higher costs.
Balance sheet remains strong: cash & equivalents $80.5 m, investments $83.7 m, no revolver borrowings, giving ~ $164 m liquidity. Operating cash flow was $14.8 m (vs. $25.7 m prior-year) after $22.3 m capex tied to the new Burlington manufacturing site, which will become the primary MACI/Epicel plant once validated.
Strategic highlights: FDA approvals in 2024 expanded MACI to arthroscopic delivery and NexoBrid to pediatric burns; management sees both as growth catalysts. Management projects liquidity is sufficient for at least 12 months.