Vericel posts 179% profit jump, lifts 2026 revenue outlook

Vericel Corp. reported third‑quarter 2026 net income of $14.2 million, a 179% increase year over year, on revenue of $85.4 million, up 26% YoY. Adjusted EBITDA rose 48% to $25.2 million, representing 30% of revenue, and the company raised its full‑year 2026 revenue guidance to $344 million‑$346 million while lifting adjusted EBITDA margin guidance to 28%. It also repurchased 220,744 shares for $8.8 million, leaving $191.2 million of repurchase authorization unused.

The higher profit and raised guidance suggest stronger cash generation and growth prospects, which may support a higher valuation for VCEL. The share repurchase indicates confidence in the stock and returns capital to shareholders.

  • 1Q3 2026 revenue was $85.4 million, up 26% year over year.
  • 2Net income increased 179% to $14.2 million.
  • 3Adjusted EBITDA was $25.2 million, equal to 30% of revenue.
  • 4Full‑year 2026 revenue guidance was raised to $344 million‑$346 million.
  • 5Adjusted EBITDA margin guidance was raised to 28%.
  • 6The company repurchased 220,744 shares for $8.8 million, with $191.2 million of authorization remaining.

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