Vericel Q2 revenue rises 22% to $77.5 million; raises 2026 revenue guidance
Vericel reported second quarter 2026 total revenue of $77.5 million, up 22% from a year earlier, and net income of $2.2 million, or $0.04 per diluted share, compared with a net loss of $0.6 million in the same quarter of 2025. The company raised its full-year 2026 total revenue guidance to $330 million to $340 million and authorized a $200 million share repurchase program.
Key points
- Q2 2026 total revenue was $77.5 million, up from $63.2 million; MACI net revenue was $65.5 million
- Net income was $2.2 million, or $0.04 per diluted share, versus a net loss of $0.6 million in Q2 2025; gross margin was 73% versus 74%
- Full-year 2026 total revenue guidance raised to $330 million to $340 million from $326 million to $336 million
- Board authorized a $200 million share repurchase program; the company reported approximately $227 million in cash and investments and no debt
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.