Vericel Reaffirms Full-year 2025 Profitability Guidance Of Gross Margin Of 74% And Adjusted EBITDA Margin Of 26%

2025 Financial Guidance

• Reaffirmed MACI full-year revenue growth in the low 20% range
• Updated Burn Care revenue guidance for the second half of 2025 to be in line with recent run rate of approximately $10 million per quarter
• Reaffirmed full-year profitability guidance of gross margin of 74% and adjusted EBITDA margin of 26%