R&D expense · 2011–2025

Vericel R&D expense

$27.6M+11.2% · FY2025

Vericel (VCEL) reported $27.6M in R&D expense for fiscal 2025, +11.2% year on year.

$21.3M2011$26.0M2012$15.1M2013$21.3M2014$18.9M2015$15.3M2016$12.9M2017$13.6M2018$30.4M2019$13.0M2020$16.3M2021$19.9M2022$21.0M2023$24.8M2024$27.6M2025
Vericel — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$27.6M+11.2%Open →
FY20242024-12-31$24.8M+17.8%Open →
FY20232023-12-31$21.0M+5.5%Open →
FY20222022-12-31$19.9M+22.4%Open →
FY20212021-12-31$16.3M+25.1%Open →
FY20202020-12-31$13.0M−57.2%Open →
FY20192019-12-31$30.4M+123.5%Open →
FY20182018-12-31$13.6M+5.1%Open →
FY20172017-12-31$12.9M−15.4%Open →
FY20162016-12-31$15.3M−19.0%Open →
FY20152015-12-31$18.9M−11.2%Open →
FY20142014-12-31$21.3M+40.8%Open →
FY20132013-12-31$15.1M−42.0%Open →
FY20122012-12-31$26.0M+22.0%Open →
FY20112011-12-31$21.3M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +1.8%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Vericel R&D expense |url=https://companiesranked.com/en/company/vericel/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Vericel R&D expense. CompaniesRanked. https://companiesranked.com/en/company/vericel/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-vericel-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Vericel R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/vericel/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-012013 · February 26, 2026

{{cite web |title=Vericel R&D expense — 10-K (0001628280-26-012013) |url=https://www.sec.gov/Archives/edgar/data/887359/000162828026012013/vcel-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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