Vericel Corp

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 5, 2026

VCEL$58.39+6.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Shareholders’ Equity

Common Stock · Accumulated Other Comprehensive Gain (Loss) · Accumulated Deficit · Total Shareholders’ Equity
Shares · Amount
BALANCE, DECEMBER 31, 2025	50,620	$730,662	$275	$(376,297)	$354,640
Net loss	—	—	—	(6,302)	(6,302)
Stock-based compensation expense	—	11,294	—	—	11,294
Stock option exercises	129	1,307	—	—	1,307
Shares issued under the Employee Stock Purchase Plan	10	256	—	—	256
Issuance of stock for restricted stock unit vesting	371	—	—	—	—
Restricted stock withheld for employee tax remittance	(120)	(4,521)	—	—	(4,521)
Unrealized loss on investments	—	—	(443)	—	(443)
BALANCE, MARCH 31, 2026	51,010	$738,998	$(168)	$(382,599)	$356,231
Net income	—	—	—	2,206	2,206
Stock-based compensation expense	—	9,083	—	—	9,083
Stock option exercises	113	2,318	—	—	2,318
Shares issued under the Employee Stock Purchase Plan	20	540	—	—	540
Issuance of stock for restricted stock unit vesting	32	—	—	—	—
Restricted stock withheld for employee tax remittance	(4)	(140)	—	—	(140)
Unrealized loss on investments	—	—	(197)	—	(197)
BALANCE, JUNE 30, 2026	51,171	$750,799	$(365)	$(380,393)	$370,041
Net income	—	—	—	14,161	14,161
Stock-based compensation expense	—	7,823	—	—	7,823
Stock option exercises	63	1,497	—	—	1,497
Shares issued under the Employee Stock Purchase Plan	17	472	—	—	472
Issuance of stock for restricted stock unit vesting	20	—	—	—	—
Restricted stock withheld for employee tax remittance	(6)	(285)	—	—	(285)
Shares repurchased and retired	(221)	(8,847)	—	—	(8,847)
Unrealized loss on investments	—	—	(690)	—	(690)
BALANCE, SEPTEMBER 30, 2026	51,044	$751,459	$(1,055)	$(366,232)	$384,172

Common Stock · Accumulated Other Comprehensive Gain · Accumulated Deficit · Total Shareholders’ Equity
Shares · Amount
BALANCE, DECEMBER 31, 2024	49,628	$684,778	$4	$(392,815)	$291,967
Net loss	—	—	—	(11,246)	(11,246)
Stock-based compensation expense	—	11,505	—	—	11,505
Stock option exercises	398	9,158	—	—	9,158
Shares issued under the Employee Stock Purchase Plan	7	251	—	—	251
Issuance of stock for restricted stock unit vesting	332	—	—	—	—
Restricted stock withheld for employee tax remittance	(113)	(6,280)	—	—	(6,280)
Unrealized gain on investments	—	—	132	—	132
BALANCE, MARCH 31, 2025	50,252	$699,412	$136	$(404,061)	$295,487
Net loss	—	—	—	(553)	(553)
Stock-based compensation expense	—	10,140	—	—	10,140
Stock option exercises	147	1,320	—	—	1,320
Shares issued under the Employee Stock Purchase Plan	13	468	—	—	468
Issuance of stock for restricted stock unit vesting	33	—	—	—	—
Restricted stock withheld for employee tax remittance	(4)	(100)	—	—	(100)
Unrealized gain on investments	—	—	47	—	47
BALANCE, JUNE 30, 2025	50,441	$711,240	$183	$(404,614)	$306,809
Net income	—	—	—	5,074	5,074
Stock-based compensation expense	—	8,699	—	—	8,699
Stock option exercises	84	1,097	—	—	1,097
Shares issued under the Employee Stock Purchase Plan	10	385	—	—	385
Issuance of stock for restricted stock unit vesting	22	—	—	—	—
Restricted stock withheld for employee tax remittance	(7)	(281)	—	—	(281)
Unrealized gain on investments	—	$—	$75	$—	$75
BALANCE, SEPTEMBER 30, 2025	50,550	$721,140	$258	$(399,540)	$321,858

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.