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Side-by-side financial comparison of Proficient Auto Logistics, Inc (PAL) 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 $91.5M, roughly 1.0× Proficient Auto Logistics, Inc). Vericel Corp runs the higher net margin — 25.0% vs -1.5%, a 26.5% gap on every dollar of revenue.

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

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.

PAL vs VCEL — Head-to-Head

Bigger by revenue
VCEL
VCEL
1.0× larger
VCEL
$92.9M
$91.5M
PAL
Higher net margin
VCEL
VCEL
26.5% more per $
VCEL
25.0%
-1.5%
PAL

Income Statement — Q3 FY2024 vs Q4 FY2025

Metric
PAL
PAL
VCEL
VCEL
Revenue
$91.5M
$92.9M
Net Profit
$-1.4M
$23.2M
Gross Margin
78.7%
Operating Margin
-2.4%
24.1%
Net Margin
-1.5%
25.0%
Revenue YoY
23.3%
Net Profit YoY
17.3%
EPS (diluted)
$-0.05
$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.

Revenue
PAL
PAL
VCEL
VCEL
Q4 25
$92.9M
Q3 25
$67.5M
Q2 25
$63.2M
Q1 25
$52.6M
Q4 24
$75.4M
Q3 24
$91.5M
$57.9M
Q2 24
$52.7M
Q1 24
$51.3M
Net Profit
PAL
PAL
VCEL
VCEL
Q4 25
$23.2M
Q3 25
$5.1M
Q2 25
$-553.0K
Q1 25
$-11.2M
Q4 24
$19.8M
Q3 24
$-1.4M
$-901.0K
Q2 24
$-4.7M
Q1 24
$-3.9M
Gross Margin
PAL
PAL
VCEL
VCEL
Q4 25
78.7%
Q3 25
73.5%
Q2 25
73.7%
Q1 25
69.0%
Q4 24
77.6%
Q3 24
71.9%
Q2 24
69.5%
Q1 24
68.9%
Operating Margin
PAL
PAL
VCEL
VCEL
Q4 25
24.1%
Q3 25
5.1%
Q2 25
-3.2%
Q1 25
-24.3%
Q4 24
24.5%
Q3 24
-2.4%
-4.3%
Q2 24
-11.5%
Q1 24
-10.7%
Net Margin
PAL
PAL
VCEL
VCEL
Q4 25
25.0%
Q3 25
7.5%
Q2 25
-0.9%
Q1 25
-21.4%
Q4 24
26.3%
Q3 24
-1.5%
-1.6%
Q2 24
-8.9%
Q1 24
-7.5%
EPS (diluted)
PAL
PAL
VCEL
VCEL
Q4 25
$0.46
Q3 25
$0.10
Q2 25
$-0.01
Q1 25
$-0.23
Q4 24
$0.40
Q3 24
$-0.05
$-0.02
Q2 24
$-0.10
Q1 24
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PAL
PAL
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$16.8M
$137.5M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$338.5M
$354.6M
Total Assets
$498.2M
$488.0M
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAL
PAL
VCEL
VCEL
Q4 25
$137.5M
Q3 25
$135.4M
Q2 25
$116.9M
Q1 25
$112.9M
Q4 24
$116.2M
Q3 24
$16.8M
$101.7M
Q2 24
$102.5M
Q1 24
$110.6M
Total Debt
PAL
PAL
VCEL
VCEL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$64.0M
Q2 24
Q1 24
Stockholders' Equity
PAL
PAL
VCEL
VCEL
Q4 25
$354.6M
Q3 25
$321.9M
Q2 25
$306.8M
Q1 25
$295.5M
Q4 24
$292.0M
Q3 24
$338.5M
$257.5M
Q2 24
$243.0M
Q1 24
$233.9M
Total Assets
PAL
PAL
VCEL
VCEL
Q4 25
$488.0M
Q3 25
$453.3M
Q2 25
$435.6M
Q1 25
$424.6M
Q4 24
$432.7M
Q3 24
$498.2M
$390.4M
Q2 24
$376.8M
Q1 24
$356.7M
Debt / Equity
PAL
PAL
VCEL
VCEL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.19×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PAL
PAL
VCEL
VCEL
Operating Cash FlowLast quarter
$15.0M
Free Cash FlowOCF − Capex
$12.8M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.65×
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAL
PAL
VCEL
VCEL
Q4 25
$15.0M
Q3 25
$22.1M
Q2 25
$8.2M
Q1 25
$6.6M
Q4 24
$22.2M
Q3 24
$10.2M
Q2 24
$18.5M
Q1 24
$7.2M
Free Cash Flow
PAL
PAL
VCEL
VCEL
Q4 25
$12.8M
Q3 25
$19.5M
Q2 25
$81.0K
Q1 25
$-7.6M
Q4 24
$8.5M
Q3 24
$-9.2M
Q2 24
$1.8M
Q1 24
$-6.8M
FCF Margin
PAL
PAL
VCEL
VCEL
Q4 25
13.8%
Q3 25
28.8%
Q2 25
0.1%
Q1 25
-14.5%
Q4 24
11.2%
Q3 24
-15.9%
Q2 24
3.4%
Q1 24
-13.3%
Capex Intensity
PAL
PAL
VCEL
VCEL
Q4 25
2.4%
Q3 25
3.9%
Q2 25
12.9%
Q1 25
27.0%
Q4 24
18.3%
Q3 24
33.5%
Q2 24
31.8%
Q1 24
27.3%
Cash Conversion
PAL
PAL
VCEL
VCEL
Q4 25
0.65×
Q3 25
4.35×
Q2 25
Q1 25
Q4 24
1.12×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PAL
PAL

Segment breakdown not available.

VCEL
VCEL

MACI Implants And Kits$84.1M90%
Other$8.8M10%

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