VERICEL CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 48.3% | -32.6% | -31.9% |
| FY2016 | 47.9% | -35.4% | -36.0% |
| FY2017 | 52.5% | -23.4% | -27.0% |
| FY2018 | 64.6% | -4.3% | -9.0% |
| FY2019 | 68.1% | -9.5% | -8.2% |
| FY2020 | 67.8% | 1.9% | 2.3% |
| FY2021 | 67.9% | -5.0% | -4.8% |
| FY2022 | 66.8% | -10.4% | -10.2% |
| FY2023 | 68.6% | -3.3% | -1.6% |
| FY2024 | 72.6% | 1.9% | 4.4% |