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Side-by-side financial comparison of SITIME Corp (SITM) and Vericel Corp (VCEL). Click either name above to swap in a different company.

SITIME Corp is the larger business by last-quarter revenue ($113.3M vs $92.9M, roughly 1.2× Vericel Corp). Vericel Corp runs the higher net margin — 25.0% vs 8.1%, a 16.9% gap on every dollar of revenue. On growth, SITIME Corp posted the faster year-over-year revenue change (66.3% vs 23.3%). SITIME Corp produced more free cash flow last quarter ($13.0M vs $12.8M). Over the past eight quarters, SITIME Corp's revenue compounded faster (85.2% CAGR vs 34.6%).

SiTime Corporation is a publicly traded fabless chipmaker based in Santa Clara, California that develops micro-electromechanical systems (MEMS), used for timing devices in electronics.

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.

SITM vs VCEL — Head-to-Head

Bigger by revenue
SITM
SITM
1.2× larger
SITM
$113.3M
$92.9M
VCEL
Growing faster (revenue YoY)
SITM
SITM
+43.1% gap
SITM
66.3%
23.3%
VCEL
Higher net margin
VCEL
VCEL
16.9% more per $
VCEL
25.0%
8.1%
SITM
More free cash flow
SITM
SITM
$160.0K more FCF
SITM
$13.0M
$12.8M
VCEL
Faster 2-yr revenue CAGR
SITM
SITM
Annualised
SITM
85.2%
34.6%
VCEL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SITM
SITM
VCEL
VCEL
Revenue
$113.3M
$92.9M
Net Profit
$9.2M
$23.2M
Gross Margin
56.4%
78.7%
Operating Margin
1.6%
24.1%
Net Margin
8.1%
25.0%
Revenue YoY
66.3%
23.3%
Net Profit YoY
148.7%
17.3%
EPS (diluted)
$0.44
$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
SITM
SITM
VCEL
VCEL
Q4 25
$113.3M
$92.9M
Q3 25
$83.6M
$67.5M
Q2 25
$69.5M
$63.2M
Q1 25
$60.3M
$52.6M
Q4 24
$68.1M
$75.4M
Q3 24
$57.7M
$57.9M
Q2 24
$43.9M
$52.7M
Q1 24
$33.0M
$51.3M
Net Profit
SITM
SITM
VCEL
VCEL
Q4 25
$9.2M
$23.2M
Q3 25
$-8.0M
$5.1M
Q2 25
$-20.2M
$-553.0K
Q1 25
$-23.9M
$-11.2M
Q4 24
$-18.8M
$19.8M
Q3 24
$-19.3M
$-901.0K
Q2 24
$-26.8M
$-4.7M
Q1 24
$-28.7M
$-3.9M
Gross Margin
SITM
SITM
VCEL
VCEL
Q4 25
56.4%
78.7%
Q3 25
53.5%
73.5%
Q2 25
51.9%
73.7%
Q1 25
50.3%
69.0%
Q4 24
52.6%
77.6%
Q3 24
51.1%
71.9%
Q2 24
49.1%
69.5%
Q1 24
53.5%
68.9%
Operating Margin
SITM
SITM
VCEL
VCEL
Q4 25
1.6%
24.1%
Q3 25
-19.2%
5.1%
Q2 25
-35.4%
-3.2%
Q1 25
-46.6%
-24.3%
Q4 24
-33.8%
24.5%
Q3 24
-43.1%
-4.3%
Q2 24
-73.7%
-11.5%
Q1 24
-106.1%
-10.7%
Net Margin
SITM
SITM
VCEL
VCEL
Q4 25
8.1%
25.0%
Q3 25
-9.6%
7.5%
Q2 25
-29.0%
-0.9%
Q1 25
-39.6%
-21.4%
Q4 24
-27.6%
26.3%
Q3 24
-33.5%
-1.6%
Q2 24
-61.0%
-8.9%
Q1 24
-86.9%
-7.5%
EPS (diluted)
SITM
SITM
VCEL
VCEL
Q4 25
$0.44
$0.46
Q3 25
$-0.31
$0.10
Q2 25
$-0.84
$-0.01
Q1 25
$-1.01
$-0.23
Q4 24
$-0.80
$0.40
Q3 24
$-0.83
$-0.02
Q2 24
$-1.16
$-0.10
Q1 24
$-1.26
$-0.08

Balance Sheet & Financial Strength

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

Metric
SITM
SITM
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$137.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$354.6M
Total Assets
$1.3B
$488.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SITM
SITM
VCEL
VCEL
Q4 25
$137.5M
Q3 25
$135.4M
Q2 25
$116.9M
Q1 25
$112.9M
Q4 24
$116.2M
Q3 24
$101.7M
Q2 24
$102.5M
Q1 24
$110.6M
Stockholders' Equity
SITM
SITM
VCEL
VCEL
Q4 25
$1.2B
$354.6M
Q3 25
$1.1B
$321.9M
Q2 25
$1.1B
$306.8M
Q1 25
$692.5M
$295.5M
Q4 24
$699.7M
$292.0M
Q3 24
$696.2M
$257.5M
Q2 24
$692.5M
$243.0M
Q1 24
$696.2M
$233.9M
Total Assets
SITM
SITM
VCEL
VCEL
Q4 25
$1.3B
$488.0M
Q3 25
$1.3B
$453.3M
Q2 25
$1.3B
$435.6M
Q1 25
$872.1M
$424.6M
Q4 24
$885.0M
$432.7M
Q3 24
$877.9M
$390.4M
Q2 24
$878.6M
$376.8M
Q1 24
$942.6M
$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
SITM
SITM
VCEL
VCEL
Operating Cash FlowLast quarter
$25.4M
$15.0M
Free Cash FlowOCF − Capex
$13.0M
$12.8M
FCF MarginFCF / Revenue
11.5%
13.8%
Capex IntensityCapex / Revenue
10.9%
2.4%
Cash ConversionOCF / Net Profit
2.77×
0.65×
TTM Free Cash FlowTrailing 4 quarters
$35.1M
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SITM
SITM
VCEL
VCEL
Q4 25
$25.4M
$15.0M
Q3 25
$31.4M
$22.1M
Q2 25
$15.3M
$8.2M
Q1 25
$15.0M
$6.6M
Q4 24
$13.5M
$22.2M
Q3 24
$8.2M
$10.2M
Q2 24
$-181.0K
$18.5M
Q1 24
$1.7M
$7.2M
Free Cash Flow
SITM
SITM
VCEL
VCEL
Q4 25
$13.0M
$12.8M
Q3 25
$26.3M
$19.5M
Q2 25
$-2.9M
$81.0K
Q1 25
$-1.3M
$-7.6M
Q4 24
$-2.4M
$8.5M
Q3 24
$-6.7M
$-9.2M
Q2 24
$-2.7M
$1.8M
Q1 24
$-1.2M
$-6.8M
FCF Margin
SITM
SITM
VCEL
VCEL
Q4 25
11.5%
13.8%
Q3 25
31.5%
28.8%
Q2 25
-4.2%
0.1%
Q1 25
-2.1%
-14.5%
Q4 24
-3.5%
11.2%
Q3 24
-11.6%
-15.9%
Q2 24
-6.3%
3.4%
Q1 24
-3.6%
-13.3%
Capex Intensity
SITM
SITM
VCEL
VCEL
Q4 25
10.9%
2.4%
Q3 25
6.1%
3.9%
Q2 25
26.2%
12.9%
Q1 25
27.0%
27.0%
Q4 24
23.3%
18.3%
Q3 24
25.7%
33.5%
Q2 24
5.8%
31.8%
Q1 24
8.8%
27.3%
Cash Conversion
SITM
SITM
VCEL
VCEL
Q4 25
2.77×
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

SITM
SITM

Segment breakdown not available.

VCEL
VCEL

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

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