vs
Side-by-side financial comparison of LIVEPERSON INC (LPSN) and Vericel Corp (VCEL). Click either name above to swap in a different company.
Vericel Corp is the larger business by last-quarter revenue ($92.9M vs $59.3M, roughly 1.6× LIVEPERSON INC). Vericel Corp runs the higher net margin — 25.0% vs -77.8%, a 102.8% gap on every dollar of revenue. On growth, Vericel Corp posted the faster year-over-year revenue change (23.3% vs -19.0%). Vericel Corp produced more free cash flow last quarter ($12.8M vs $-12.0M). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% CAGR vs -16.6%).
LivePerson is a global technology company that develops conversational commerce and AI software.
Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.
LPSN vs VCEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $59.3M | $92.9M |
| Net Profit | $-46.1M | $23.2M |
| Gross Margin | 73.2% | 78.7% |
| Operating Margin | -68.7% | 24.1% |
| Net Margin | -77.8% | 25.0% |
| Revenue YoY | -19.0% | 23.3% |
| Net Profit YoY | 58.9% | 17.3% |
| EPS (diluted) | $-9.22 | $0.46 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $59.3M | $92.9M | ||
| Q3 25 | $60.2M | $67.5M | ||
| Q2 25 | $59.6M | $63.2M | ||
| Q1 25 | $64.7M | $52.6M | ||
| Q4 24 | $73.2M | $75.4M | ||
| Q3 24 | $74.2M | $57.9M | ||
| Q2 24 | $79.9M | $52.7M | ||
| Q1 24 | $85.1M | $51.3M |
| Q4 25 | $-46.1M | $23.2M | ||
| Q3 25 | $8.7M | $5.1M | ||
| Q2 25 | $-15.7M | $-553.0K | ||
| Q1 25 | $-14.1M | $-11.2M | ||
| Q4 24 | $-112.1M | $19.8M | ||
| Q3 24 | $-28.3M | $-901.0K | ||
| Q2 24 | $41.8M | $-4.7M | ||
| Q1 24 | $-35.6M | $-3.9M |
| Q4 25 | 73.2% | 78.7% | ||
| Q3 25 | 71.4% | 73.5% | ||
| Q2 25 | 69.7% | 73.7% | ||
| Q1 25 | 71.8% | 69.0% | ||
| Q4 24 | 77.4% | 77.6% | ||
| Q3 24 | 73.1% | 71.9% | ||
| Q2 24 | 79.4% | 69.5% | ||
| Q1 24 | 71.3% | 68.9% |
| Q4 25 | -68.7% | 24.1% | ||
| Q3 25 | -24.2% | 5.1% | ||
| Q2 25 | -10.8% | -3.2% | ||
| Q1 25 | -26.2% | -24.3% | ||
| Q4 24 | -138.0% | 24.5% | ||
| Q3 24 | -21.6% | -4.3% | ||
| Q2 24 | -37.3% | -11.5% | ||
| Q1 24 | -42.7% | -10.7% |
| Q4 25 | -77.8% | 25.0% | ||
| Q3 25 | 14.5% | 7.5% | ||
| Q2 25 | -26.4% | -0.9% | ||
| Q1 25 | -21.8% | -21.4% | ||
| Q4 24 | -153.2% | 26.3% | ||
| Q3 24 | -38.1% | -1.6% | ||
| Q2 24 | 52.3% | -8.9% | ||
| Q1 24 | -41.8% | -7.5% |
| Q4 25 | $-9.22 | $0.46 | ||
| Q3 25 | $-2.76 | $0.10 | ||
| Q2 25 | $-0.17 | $-0.01 | ||
| Q1 25 | $-0.24 | $-0.23 | ||
| Q4 24 | $-17.23 | $0.40 | ||
| Q3 24 | $-4.74 | $-0.02 | ||
| Q2 24 | $-0.33 | $-0.10 | ||
| Q1 24 | $-0.40 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $95.0M | $137.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-44.5M | $354.6M |
| Total Assets | $454.7M | $488.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $95.0M | $137.5M | ||
| Q3 25 | $106.7M | $135.4M | ||
| Q2 25 | $162.0M | $116.9M | ||
| Q1 25 | $176.3M | $112.9M | ||
| Q4 24 | $183.2M | $116.2M | ||
| Q3 24 | $142.1M | $101.7M | ||
| Q2 24 | $146.0M | $102.5M | ||
| Q1 24 | $127.1M | $110.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $512.1M | — |
| Q4 25 | $-44.5M | $354.6M | ||
| Q3 25 | $-22.1M | $321.9M | ||
| Q2 25 | $-82.4M | $306.8M | ||
| Q1 25 | $-74.9M | $295.5M | ||
| Q4 24 | $-67.3M | $292.0M | ||
| Q3 24 | $45.9M | $257.5M | ||
| Q2 24 | $66.6M | $243.0M | ||
| Q1 24 | $19.2M | $233.9M |
| Q4 25 | $454.7M | $488.0M | ||
| Q3 25 | $511.4M | $453.3M | ||
| Q2 25 | $604.2M | $435.6M | ||
| Q1 25 | $596.2M | $424.6M | ||
| Q4 24 | $607.8M | $432.7M | ||
| Q3 24 | $692.0M | $390.4M | ||
| Q2 24 | $703.8M | $376.8M | ||
| Q1 24 | $724.7M | $356.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 26.69× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-9.7M | $15.0M |
| Free Cash FlowOCF − Capex | $-12.0M | $12.8M |
| FCF MarginFCF / Revenue | -20.2% | 13.8% |
| Capex IntensityCapex / Revenue | 3.9% | 2.4% |
| Cash ConversionOCF / Net Profit | — | 0.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-42.5M | $24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.7M | $15.0M | ||
| Q3 25 | $-6.0M | $22.1M | ||
| Q2 25 | $-11.7M | $8.2M | ||
| Q1 25 | $-3.1M | $6.6M | ||
| Q4 24 | $-3.1M | $22.2M | ||
| Q3 24 | $4.8M | $10.2M | ||
| Q2 24 | $-17.9M | $18.5M | ||
| Q1 24 | $1.1M | $7.2M |
| Q4 25 | $-12.0M | $12.8M | ||
| Q3 25 | $-8.9M | $19.5M | ||
| Q2 25 | $-14.8M | $81.0K | ||
| Q1 25 | $-6.9M | $-7.6M | ||
| Q4 24 | $-6.8M | $8.5M | ||
| Q3 24 | $-230.0K | $-9.2M | ||
| Q2 24 | $-22.9M | $1.8M | ||
| Q1 24 | $-10.4M | $-6.8M |
| Q4 25 | -20.2% | 13.8% | ||
| Q3 25 | -14.8% | 28.8% | ||
| Q2 25 | -24.9% | 0.1% | ||
| Q1 25 | -10.6% | -14.5% | ||
| Q4 24 | -9.2% | 11.2% | ||
| Q3 24 | -0.3% | -15.9% | ||
| Q2 24 | -28.7% | 3.4% | ||
| Q1 24 | -12.2% | -13.3% |
| Q4 25 | 3.9% | 2.4% | ||
| Q3 25 | 4.8% | 3.9% | ||
| Q2 25 | 5.3% | 12.9% | ||
| Q1 25 | 5.8% | 27.0% | ||
| Q4 24 | 5.0% | 18.3% | ||
| Q3 24 | 6.8% | 33.5% | ||
| Q2 24 | 6.2% | 31.8% | ||
| Q1 24 | 13.5% | 27.3% |
| Q4 25 | — | 0.65× | ||
| Q3 25 | -0.69× | 4.35× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.43× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LPSN
| Hosted Services Business | $51.0M | 86% |
| Professional Services | $8.3M | 14% |
VCEL
| MACI Implants And Kits | $84.1M | 90% |
| Other | $8.8M | 10% |
