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

Candel Therapeutics recorded quarterly Enterprise Value of -$119.7 million in Q4 2025, down 37.68% quarter-over-quarter from -$87.0 million in Q3 2025, and down 16.64% year-over-year from -$143.6 million in Q4 2024.

Candel Therapeutics' Enterprise Value history runs 6 years deep, the most recent figure standing at -$119.7 million for Q4 2025.

  • In Q4 2025, Enterprise Value fell 16.64% year-over-year to -$119.7 million; the TTM figure through Dec 2025 stood at -$119.7 million (down 16.64% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$67.3 million and a median of -$77.2 million in 2022 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value jumped 61.48% in 2024 and sank 425.2% in 2025, its largest moves.
  • Candel Therapeutics' Enterprise Value stood at -$82.6 million in 2021, then climbed by 15.23% to -$70.1 million in 2022, then surged by 49.45% to -$35.4 million in 2023, then tumbled by 189.88% to -$102.7 million in 2024, then dropped by 16.64% to -$119.7 million in 2025.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$119.7 million, -$87.0 million, and -$100.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -2.32 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -32.30 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -286.70 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -61.46 Mn
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -2.77 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn -7.25 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -18.44 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn -8.75 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn -3.01 Bn
10 Candel Therapeutics 449.62 Mn 449.62 Mn - -119.73 Mn

Historic Data

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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