On this page of Benford's Law Stocks.com we present our study of Vericel Corp — ticker symbol VCEL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/4/2021 to 5/7/2026 for Vericel Corp under CIK number 0000887359. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for VCEL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Vericel Corp based on the past VCEL filings our system processed in the past.
35.1
10.4
8.8
10.7
11.3
8.4
5.9
5.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, VCEL stockholder letter ]
Total numbers found: 441
Recent share count: 50,931,598 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
441
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
84

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 1's percentage was above the company's typical historical range.
 • We deducted points upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the company's typical historical range.
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was below the company's typical historical range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was above the company's typical historical range.
 • We deducted points upon observing the 6's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
VCEL
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
Check our work! We provide our Vericel Corp Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the VCEL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 155 numbers that start with the digit 1. Here they are:
109,295
100,092
13
13
18,351
17,560
107,113
108,397
19,009
15,828
13,967
19,236
14,063
13,969
116
116
1,879
1,896
129,396
133,329
168
19,159
16,325
12,792
1,851
1,657
160
153
1,762
1,546
11,246
12
12
11,246
132
11,114
11,294
11,294
129
1,307
1,307
10
120
168
11,246
11,246
11,505
11,505
113
132
132
136
11,246
11,294
11,505
119
1,365
1,382
173
12,251
1,231
1,828
117
16,383
17,193
13,430
14,249
12,500
1,257
14,212
15,142
1,563
100,092
109,295
1,461
109,295
109,295
109.3
101.3
1,631
14
1,075
10,885
1,142
1,337
13,751
12,953
1,507
1,584
18,351
17,560
14,498
19,078
18,953
141,774
139,947
107,113
108,397
1,875
11,253
1,319
13,967
19,236
126,000
1
1
14,063
13,969
116
116
101,497
101,329
101,329
1
1
10,656
11
10,651
10,651
10,651
197,762
154,588
186,672
148,562
1,416
1,416
1,422
1,422
1,416
1,416
1,422
1,422
150.0
15.0
1.1
10
1.25
1.50
1,424
1,141
1,335
1,487
11,294
11,505
19.92
11,246
12
12
1,340
1,222
17.5
125.0
19,001
196.9
10
We found 46 numbers that start with the digit 2. Here they are:
244,064
247,437
288
275
23
23
275
256
256
291,967
251
251
295,487
2,686
27
21
267
246
2,590
21
2,979
2,738
2,074
26,086
24,651
2.5
2,031
2
2,500
2
239
2
23
265
28
2.0
2.50
25
20
25
29.93
23
23
26,546
22,803
22,680
We found 39 numbers that start with the digit 3. Here they are:
36,045
37,407
341
382,599
376,297
356,231
354,640
36,273
376,297
354,640
371
382,599
356,231
392,815
398
332
3,267
3,198
382.6
31,836
3,093
3,023
34,661
31,550
3.1
3,009
3,726
3.0
3
36,045
308
315
37,407
38,110
38,110
38,110
3.50
38.11
34.9
4's 5's 6's
We found 47 numbers that start with the digit 4. Here they are:
485,627
487,969
47,155
49,149
485,627
487,969
49,266
49,226
41,804
49,065
42
49,905
49,905
443
4,521
4,521
443
443
49,628
4
404,061
4
4
4,201
4,521
4
41,507
4,788
46,297
4,964
469
4,670
4,252
4,401
40
43,174
43,174
47,766
47,766
43,174
47.8
4.00
468,886
49,905
49,905
49,226
41,804
We found 50 numbers that start with the digit 5. Here they are:
51,068,228
5,469
5,625
51,010
50,620
52,598
52,598
57,330
50,773
50,773
50,620
51,010
50,252
54
54
551
5,269
5,721
5,344
5,347
50
5
596
56,398
52,598
5,690
5,424
5,469
5,625
5,469
573
501
522
5,440
5,437
5,117
5,117
5,437
5,437
53,259
53,259
53.3
525,690
502,098
551,401
54.30
50,773
50,773
5,923
5,798
We found 37 numbers that start with the digit 6. Here they are:
63,409
64,774
65,284
61,395
68,425
68,425
6,302
6,302
6,745
6,302
6,302
684,778
6,280
6,280
699,412
6,302
6,600
6,207
6,215
6.3
606
68,425
625
625
625
625
63,409
64,774
686
686
64,095
65,460
65,284
6
61,395
6.0
6,302
7's 8's 9's
We found 26 numbers that start with the digit 7. Here they are:
72,383
7,990
7,744
75,000
738,998
730,662
7,261
71
730,662
738,998
7
79,705
73
73,490
79,705
7,409
76,421
7,500
7,500
7,111
7,111
7.5
7.5
7.5
7.5
75.0
We found 23 numbers that start with the digit 8. Here they are:
84,634
80,362
82,284
8,104
8,064
8,476
85,049
8.6
8.4
8,421
81,393
80,362
82,284
86,392
86,248
82,754
83,034
86,248
86,248
83,034
83,034
8,535
8,877
We found 18 numbers that start with the digit 9. Here they are:
9,158
9,158
964
977
9,409
9,203
9,527
95,042
96,891
95
9,665
9,644
97
98,527
98,802
98,802
9,644
9,644
While the above VCEL 10Q Filed 5/7/2026 is interesting in isolation, we have found that it is also useful to take a look at older Vericel Corp filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/7/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical VCEL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

35.1
10.4
8.8
10.7
11.3
8.4
5.9
5.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 441

= Typical VCEL range from 8/4/2021 to 5/7/2026
30.2
13.1
10.0
13.1
8.8
7.3
7.4
6.2
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 579

= Typical VCEL range from 8/4/2021 to 5/7/2026
23.9
13.6
13.3
14.4
7.1
11.1
6.0
4.3
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 49
XBRL?   [ original filing ]
Total numbers found: 603

= Typical VCEL range from 8/4/2021 to 5/7/2026
28.4
13.0
14.6
12.7
6.4
9.3
7.1
5.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 700

= Typical VCEL range from 8/4/2021 to 5/7/2026
26.8
11.8
9.2
15.9
8.5
8.5
9.5
5.5
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 422

= Typical VCEL range from 8/4/2021 to 5/7/2026
29.9
12.5
15.1
13.6
8.2
7.9
7.3
3.7
1.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 535

= Typical VCEL range from 8/4/2021 to 5/7/2026
25.8
13.4
15.2
16.5
8.7
7.0
6.4
3.9
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 612

= Typical VCEL range from 8/4/2021 to 5/7/2026
31.7
14.1
12.7
10.7
8.3
7.8
7.0
5.3
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 757

= Typical VCEL range from 8/4/2021 to 5/7/2026
31.5
9.8
9.1
13.0
8.4
8.0
9.8
5.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 438

= Typical VCEL range from 8/4/2021 to 5/7/2026
26.5
14.7
9.8
14.4
8.3
8.9
6.9
5.9
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 563

= Typical VCEL range from 8/4/2021 to 5/7/2026
25.2
14.1
13.6
14.4
7.1
9.6
6.4
5.1
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 623

= Typical VCEL range from 8/4/2021 to 5/7/2026
30.4
12.6
12.6
12.6
7.9
9.4
7.5
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 682

= Typical VCEL range from 8/4/2021 to 5/7/2026
26.2
11.2
14.3
14.3
9.1
9.6
7.5
3.9
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 385

= Typical VCEL range from 8/4/2021 to 5/7/2026
28.1
13.2
14.7
14.0
7.9
7.2
7.2
6.0
1.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 584

= Typical VCEL range from 8/4/2021 to 5/7/2026
30.6
11.8
10.7
12.8
8.8
8.6
7.0
4.6
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 625

= Typical VCEL range from 8/4/2021 to 5/7/2026
32.0
13.3
13.1
11.6
6.3
9.6
7.0
4.4
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 747

= Typical VCEL range from 8/4/2021 to 5/7/2026
23.7
14.3
10.6
13.6
7.5
11.3
10.1
4.5
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 426

= Typical VCEL range from 8/4/2021 to 5/7/2026
31.0
13.7
11.0
12.0
8.7
6.2
8.2
5.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 584

= Typical VCEL range from 8/4/2021 to 5/7/2026
26.8
15.9
12.8
18.4
7.0
8.5
4.9
2.7
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 586

= Typical VCEL range from 8/4/2021 to 5/7/2026
27.9
14.7
11.4
11.3
8.2
9.4
7.3
5.1
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 673

= Typical VCEL range from 8/4/2021 to 5/7/2026
 

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