09:47 AM EST, 01/13/2026 (MT Newswires) -- Vericel ( VCEL ) reported Tuesday preliminary 2025 total net revenue of about $276 million, in line with its guidance range provided in November of $272 million to $276 million.

Analysts polled by FactSet expect $274.1 million.

The company also said preliminary MACI net revenue for the year ended Dec. 31 was $239.5 million, compared with guidance of $237.5 million to $239.5 million.

Vericel ( VCEL ) further reiterated its 2025 gross margin and adjusted earnings before interest, taxes, depreciation and amortization margin expectation of 74% and 26%, respectively.

Shares of the company were up over 2% in early Tuesday trading.

Price: 37.49, Change: +0.90, Percent Change: +2.46