Vericel annual r&d spending
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2025
Vericel R&D Spending Growth & History (VCEL)
Vericel's r&d spending was $27.6M for fiscal 2025.
View full Vericel company overviewVericel annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $27.6M | $2.8M | +11.15% |
| 2024 | 2024-12-31 | $24.8M | $3.8M | +17.85% |
| 2023 | 2023-12-31 | $21.0M | $1.1M | +5.51% |
| 2022 | 2022-12-31 | $19.9M | $3.7M | +22.45% |
| 2021 | 2021-12-31 | $16.3M | $3.3M | +25.09% |
| 2020 | 2020-12-31 | $13.0M | −$17.4M | −57.16% |
| 2019 | 2019-12-31 | $30.4M | $16.8M | +123.48% |
| 2018 | 2018-12-31 | $13.6M | $655,000 | +5.06% |
| 2017 | 2017-12-31 | $12.9M | −$2.4M | −15.37% |
| 2016 | 2016-12-31 | $15.3M | −$3.6M | −19.03% |
| 2015 | 2015-12-31 | $18.9M | −$2.4M | −11.16% |
| 2014 | 2014-12-31 | $21.3M | $6.2M | +40.78% |
| 2013 | 2013-12-31 | $15.1M | −$10.9M | −41.96% |
| 2012 | 2012-12-31 | $26.0M | $4.7M | +22.01% |
| 2011 | 2011-12-31 | $21.3M | — | — |
| 2010 | 2010-06-30 | $12.7M | $1.4M | +12.13% |
| 2009 | 2009-06-30 | $11.3M | — | — |
Vericel quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.5M | $762,000 | +11.32% |
| Q1 2026 | 2026-03-31 | $8.1M | $843,000 | +11.61% |
| Q4 2025 | 2025-12-31 | $7.3M | $2.3M | +47.33% |
| Q3 2025 | 2025-09-30 | $6.3M | $225,000 | +3.69% |
| Q2 2025 | 2025-06-30 | $6.7M | −$632,000 | −8.58% |
| Q1 2025 | 2025-03-31 | $7.3M | $843,000 | +13.13% |
| Q4 2024 | 2024-12-31 | $4.9M | $22,000 | +0.45% |
| Q3 2024 | 2024-09-30 | $6.1M | $417,000 | +7.35% |
| Q2 2024 | 2024-06-30 | $7.4M | $2.1M | +40.17% |
| Q1 2024 | 2024-03-31 | $6.4M | $1.2M | +23.14% |
| Q4 2023 | 2023-12-31 | $4.9M | −$344,000 | −6.56% |
| Q3 2023 | 2023-09-30 | $5.7M | $630,000 | +12.49% |
| Q2 2023 | 2023-06-30 | $5.3M | $461,000 | +9.62% |
| Q1 2023 | 2023-03-31 | $5.2M | $352,000 | +7.24% |
| Q4 2022 | 2022-12-31 | $5.2M | $1.3M | +33.66% |
| Q3 2022 | 2022-09-30 | $5.0M | $762,000 | +17.79% |
| Q2 2022 | 2022-06-30 | $4.8M | $343,000 | +7.71% |
| Q1 2022 | 2022-03-31 | $4.9M | $1.2M | +33.88% |
| Q4 2021 | 2021-12-31 | $3.9M | $806,000 | +25.85% |
| Q3 2021 | 2021-09-30 | $4.3M | $1.4M | +47.06% |
| Q2 2021 | 2021-06-30 | $4.4M | $1.2M | +37.91% |
| Q1 2021 | 2021-03-31 | $3.6M | −$133,000 | −3.53% |
| Q4 2020 | 2020-12-31 | $3.1M | −$99,000 | −3.08% |
| Q3 2020 | 2020-09-30 | $2.9M | −$183,000 | −5.91% |
| Q2 2020 | 2020-06-30 | $3.2M | −$17.8M | −84.69% |
| Q1 2020 | 2020-03-31 | $3.8M | $755,000 | +25.10% |
| Q4 2019 | 2019-12-31 | $3.2M | $199,000 | +6.59% |
| Q3 2019 | 2019-09-30 | $3.1M | −$17,000 | −0.55% |
| Q2 2019 | 2019-06-30 | $21.1M | $17.3M | +463.52% |
| Q1 2019 | 2019-03-31 | $3.0M | −$721,000 | −19.33% |
| Q4 2018 | 2018-12-31 | $3.0M | −$569,000 | −15.86% |
| Q3 2018 | 2018-09-30 | $3.1M | $194,000 | +6.65% |
| Q2 2018 | 2018-06-30 | $3.7M | $768,000 | +25.85% |
| Q1 2018 | 2018-03-31 | $3.7M | $262,000 | +7.56% |
| Q4 2017 | 2017-12-31 | $3.6M | −$671,000 | −15.76% |
| Q3 2017 | 2017-09-30 | $2.9M | −$524,000 | −15.22% |
| Q2 2017 | 2017-06-30 | $3.0M | −$1.1M | −26.79% |
| Q1 2017 | 2017-03-31 | $3.5M | −$69,000 | −1.95% |
| Q4 2016 | 2016-12-31 | $4.3M | −$3.1M | −42.49% |
| Q3 2016 | 2016-09-30 | $3.4M | −$297,000 | −7.94% |
| Q2 2016 | 2016-06-30 | $4.1M | $689,000 | +20.45% |
| Q1 2016 | 2016-03-31 | $3.5M | −$841,000 | −19.21% |
| Q4 2015 | 2015-12-31 | $7.4M | $1.6M | +27.81% |
| Q3 2015 | 2015-09-30 | $3.7M | −$4.1M | −52.27% |
| Q2 2015 | 2015-06-30 | $3.4M | −$995,000 | −22.80% |
| Q1 2015 | 2015-03-31 | $4.4M | $1.1M | +33.81% |
| Q4 2014 | 2014-12-31 | $5.8M | $2.5M | +74.75% |
| Q3 2014 | 2014-09-30 | $7.8M | $5.3M | +204.27% |
| Q2 2014 | 2014-06-30 | $4.4M | $688,000 | +18.72% |
| Q1 2014 | 2014-03-31 | $3.3M | −$2.3M | −40.94% |
| Q4 2013 | 2013-12-31 | $3.3M | −$2.7M | −44.87% |
| Q3 2013 | 2013-09-30 | $2.6M | −$3.6M | −58.11% |
| Q2 2013 | 2013-06-30 | $3.7M | −$3.4M | −48.00% |
| Q1 2013 | 2013-03-31 | $5.5M | −$1.3M | −18.51% |
| Q4 2012 | 2012-12-31 | $6.0M | $109,000 | +1.85% |
| Q3 2012 | 2012-09-30 | $6.1M | $397,000 | +6.90% |
| Q2 2012 | 2012-06-30 | $7.1M | $1.8M | +33.28% |
| Q1 2012 | 2012-03-31 | $6.8M | $2.4M | +55.44% |
| Q4 2011 | 2011-12-31 | $5.9M | — | — |
| Q3 2011 · Sep 30 | 2011-09-30 | $5.8M | $1.6M | +37.99% |
| Q2 2011 | 2011-06-30 | $5.3M | $1.7M | +46.56% |
| Q3 2011 · Mar 31 | 2011-03-31 | $4.4M | — | — |
| Q1 2011 | 2010-09-30 | $4.2M | — | — |
| Q4 2010 | 2010-06-30 | $3.6M | — | — |
Vericel r&d spending trends
Over the last five fiscal years, Vericel's r&d spending increased from $13.0M to $27.6M, a change of $14.5M. The latest reported quarter, Q2 2026, shows $7.5M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vericel source filings ↗