Candel Therapeutics (CADL) Enterprise Value (2020 - 2025)

Candel Therapeutics' (CADL) quarterly Enterprise Value came in at -$119.7 million in Q4 2025, down 16.64% year-on-year from -$143.6 million in Q4 2024, and down 37.68% quarter-over-quarter from -$87.0 million in Q3 2025.

Candel Therapeutics (CADL) Enterprise Value (2020 - 2025) Analysis & Trends

Candel Therapeutics has disclosed Enterprise Value across 6 years of filings, most recently posting -$119.7 million for Q4 2025.

  • Enterprise Value for Q4 2025 came in at -$119.7 million, down 16.64% year-over-year; the trailing twelve-month figure through Dec 2025 was -$119.7 million (down 16.64% YoY), and the FY2025 annual result was -$119.7 million, down 16.64% from the prior year.
  • Enterprise Value came in at -$119.7 million for Q4 2025 at Candel Therapeutics, down from -$87.0 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$16.6 million in Q3 2024 to a low of -$119.7 million in Q4 2025.
  • The 5-year median for Enterprise Value is -$77.2 million (2022), against an average of -$67.3 million.
  • Across the five-year window, Enterprise Value soared 61.48% in 2024 and slumped 425.2% in 2025, its largest moves.
  • Candel Therapeutics' Enterprise Value stood at -$82.6 million in 2021, then advanced by 15.23% to -$70.1 million in 2022, then jumped by 49.45% to -$35.4 million in 2023, then plunged by 189.88% to -$102.7 million in 2024, then slipped by 16.64% to -$119.7 million in 2025.
  • The last three Enterprise Value figures came in at -$119.7 million (Q4 2025), -$87.0 million (Q3 2025), and -$100.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - -32.30 Mn
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - -
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - -4.14 Mn
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -286.70 Mn
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - -2.77 Mn
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -18.44 Mn
7 Psyence Biomedical 251.43 Bn 251.42 Bn - -7.20 Mn
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn -7.25 Bn
9 Abivax 94.37 Bn 94.37 Bn - -584.73 Mn
10 Candel Therapeutics 449.62 Mn 449.62 Mn - -119.73 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -119.73 Mn
Sep 30, 2025 -86.96 Mn
Jun 30, 2025 -100.69 Mn
Mar 31, 2025 -92.17 Mn
Dec 31, 2024 -102.65 Mn
Sep 30, 2024 -16.56 Mn
Jun 30, 2024 -21.50 Mn
Mar 31, 2024 -25.71 Mn
Dec 31, 2023 -35.41 Mn
Sep 30, 2023 -42.98 Mn
Jun 30, 2023 -51.89 Mn
Mar 31, 2023 -59.26 Mn
Dec 31, 2022 -70.06 Mn
Sep 30, 2022 -77.18 Mn
Jun 30, 2022 -86.78 Mn
Mar 31, 2022 -94.32 Mn
Dec 31, 2021 -82.64 Mn
Sep 30, 2021 -88.39 Mn
Jun 30, 2021 -24.32 Mn
Dec 31, 2020 -35.05 Mn