Vericel

Q2 FY2026 EarningsQ2 FY2026 results significantly beat consensus across all key profitability metrics. Revenue grew 22% YoY to $77.5M, exceeding the $72.7M expected, driven by strong MACI sales (+23% YoY). GAAP EPS of $0.04 remarkably outperformed the consensus loss of -$0.03, while operating cash flow of $16.2M nearly doubled the $8.2M from the prior year. Management raised full-year FY26 revenue guidance to $330M-$340M and authorized a $200M share repurchase program, signaling robust confidence in sustained growth.