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Side-by-side financial comparison of Sila Realty Trust, Inc. (SILA) 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 $50.1M, roughly 1.9× Sila Realty Trust, Inc.). Vericel Corp runs the higher net margin — 25.0% vs 10.0%, a 15.0% gap on every dollar of revenue. On growth, Vericel Corp posted the faster year-over-year revenue change (23.3% vs 7.6%). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% CAGR vs -0.6%).

Sila Realty Trust, Inc. is a U.S.-based real estate investment trust that owns, operates, and acquires high-quality income-generating commercial properties. Its core portfolio covers industrial logistics facilities, office assets and mixed-use properties, serving tenants across logistics, corporate and retail segments to deliver stable long-term returns.

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.

SILA vs VCEL — Head-to-Head

Bigger by revenue
VCEL
VCEL
1.9× larger
VCEL
$92.9M
$50.1M
SILA
Growing faster (revenue YoY)
VCEL
VCEL
+15.7% gap
VCEL
23.3%
7.6%
SILA
Higher net margin
VCEL
VCEL
15.0% more per $
VCEL
25.0%
10.0%
SILA
Faster 2-yr revenue CAGR
VCEL
VCEL
Annualised
VCEL
34.6%
-0.6%
SILA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SILA
SILA
VCEL
VCEL
Revenue
$50.1M
$92.9M
Net Profit
$5.0M
$23.2M
Gross Margin
88.9%
78.7%
Operating Margin
24.1%
Net Margin
10.0%
25.0%
Revenue YoY
7.6%
23.3%
Net Profit YoY
-54.9%
17.3%
EPS (diluted)
$0.10
$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
SILA
SILA
VCEL
VCEL
Q4 25
$50.1M
$92.9M
Q3 25
$49.8M
$67.5M
Q2 25
$48.7M
$63.2M
Q1 25
$48.3M
$52.6M
Q4 24
$46.5M
$75.4M
Q3 24
$46.1M
$57.9M
Q2 24
$43.6M
$52.7M
Q1 24
$50.6M
$51.3M
Net Profit
SILA
SILA
VCEL
VCEL
Q4 25
$5.0M
$23.2M
Q3 25
$11.6M
$5.1M
Q2 25
$8.6M
$-553.0K
Q1 25
$7.9M
$-11.2M
Q4 24
$11.1M
$19.8M
Q3 24
$11.9M
$-901.0K
Q2 24
$4.6M
$-4.7M
Q1 24
$15.0M
$-3.9M
Gross Margin
SILA
SILA
VCEL
VCEL
Q4 25
88.9%
78.7%
Q3 25
88.1%
73.5%
Q2 25
87.7%
73.7%
Q1 25
86.9%
69.0%
Q4 24
87.3%
77.6%
Q3 24
87.4%
71.9%
Q2 24
86.6%
69.5%
Q1 24
89.0%
68.9%
Operating Margin
SILA
SILA
VCEL
VCEL
Q4 25
24.1%
Q3 25
5.1%
Q2 25
-3.2%
Q1 25
-24.3%
Q4 24
24.5%
Q3 24
-4.3%
Q2 24
-11.5%
Q1 24
-10.7%
Net Margin
SILA
SILA
VCEL
VCEL
Q4 25
10.0%
25.0%
Q3 25
23.3%
7.5%
Q2 25
17.6%
-0.9%
Q1 25
16.4%
-21.4%
Q4 24
23.9%
26.3%
Q3 24
25.9%
-1.6%
Q2 24
10.6%
-8.9%
Q1 24
29.6%
-7.5%
EPS (diluted)
SILA
SILA
VCEL
VCEL
Q4 25
$0.10
$0.46
Q3 25
$0.21
$0.10
Q2 25
$0.15
$-0.01
Q1 25
$0.14
$-0.23
Q4 24
$0.20
$0.40
Q3 24
$0.21
$-0.02
Q2 24
$0.08
$-0.10
Q1 24
$0.26
$-0.08

Balance Sheet & Financial Strength

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

Metric
SILA
SILA
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$32.3M
$137.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$354.6M
Total Assets
$2.1B
$488.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SILA
SILA
VCEL
VCEL
Q4 25
$32.3M
$137.5M
Q3 25
$27.7M
$135.4M
Q2 25
$24.8M
$116.9M
Q1 25
$30.5M
$112.9M
Q4 24
$39.8M
$116.2M
Q3 24
$28.6M
$101.7M
Q2 24
$87.0M
$102.5M
Q1 24
$90.2M
$110.6M
Stockholders' Equity
SILA
SILA
VCEL
VCEL
Q4 25
$1.3B
$354.6M
Q3 25
$1.3B
$321.9M
Q2 25
$1.4B
$306.8M
Q1 25
$1.4B
$295.5M
Q4 24
$1.4B
$292.0M
Q3 24
$1.4B
$257.5M
Q2 24
$1.5B
$243.0M
Q1 24
$1.5B
$233.9M
Total Assets
SILA
SILA
VCEL
VCEL
Q4 25
$2.1B
$488.0M
Q3 25
$2.1B
$453.3M
Q2 25
$2.0B
$435.6M
Q1 25
$2.0B
$424.6M
Q4 24
$2.0B
$432.7M
Q3 24
$2.0B
$390.4M
Q2 24
$2.1B
$376.8M
Q1 24
$2.1B
$356.7M

Cash Flow & Capital Efficiency

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

Metric
SILA
SILA
VCEL
VCEL
Operating Cash FlowLast quarter
$119.1M
$15.0M
Free Cash FlowOCF − Capex
$12.8M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
23.76×
0.65×
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SILA
SILA
VCEL
VCEL
Q4 25
$119.1M
$15.0M
Q3 25
$30.0M
$22.1M
Q2 25
$31.9M
$8.2M
Q1 25
$24.1M
$6.6M
Q4 24
$132.8M
$22.2M
Q3 24
$29.1M
$10.2M
Q2 24
$31.6M
$18.5M
Q1 24
$36.6M
$7.2M
Free Cash Flow
SILA
SILA
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
SILA
SILA
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
SILA
SILA
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
SILA
SILA
VCEL
VCEL
Q4 25
23.76×
0.65×
Q3 25
2.59×
4.35×
Q2 25
3.71×
Q1 25
3.06×
Q4 24
11.95×
1.12×
Q3 24
2.43×
Q2 24
6.84×
Q1 24
2.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SILA
SILA

Segment breakdown not available.

VCEL
VCEL

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

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