Candel Therapeutics (CADL) Free Cash Flow (2020 - 2025)

Candel Therapeutics recorded quarterly Free Cash Flow of -$10.5 million in Q4 2025, down 1.16% quarter-over-quarter from -$10.4 million in Q3 2025, and down 80.57% year-over-year from -$54.2 million in Q4 2024.

Candel Therapeutics' Free Cash Flow history runs 6 years deep, the most recent figure standing at -$10.5 million for Q4 2025.

  • In Q4 2025, Free Cash Flow fell 80.57% year-over-year to -$10.5 million; the TTM figure through Dec 2025 stood at -$38.4 million (down 42.18% YoY), while the FY2025 annual figure was -$38.4 million, down 42.18% from the prior year.
  • Free Cash Flow came in at -$10.5 million for Q4 2025 at Candel Therapeutics, down from -$10.4 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$3.5 million in Q2 2021 to a low of -$10.9 million in Q1 2023.
  • A 5-year average of -$7.8 million and a median of -$7.5 million in 2021 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow sank 470.56% in 2021 and grew 26.35% in 2024, its largest moves.
  • Candel Therapeutics' Free Cash Flow stood at -$5.7 million in 2021, then declined by 16.56% to -$6.7 million in 2022, then fell by 11.59% to -$7.5 million in 2023, then advanced by 21.98% to -$5.8 million in 2024, then tumbled by 80.57% to -$10.5 million in 2025.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$10.5 million, -$10.4 million, and -$8.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -1.67 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -12.20 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -2.49 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.29 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 848.30 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 48.67 Mn
10 Candel Therapeutics 449.62 Mn 449.62 Mn - -10.52 Mn

Historic Data

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DateValue
Dec 31, 2025 -10.52 Mn
Dec 31, 2025 -10.52 Mn
Sep 30, 2025 -10.40 Mn
Sep 30, 2025 -10.40 Mn
Jun 30, 2025 -8.89 Mn
Jun 30, 2025 -8.89 Mn
Mar 31, 2025 -8.63 Mn
Mar 31, 2025 -8.63 Mn
Dec 31, 2024 -5.83 Mn
Dec 31, 2024 -5.83 Mn
Sep 30, 2024 -6.56 Mn
Sep 30, 2024 -6.56 Mn
Jun 30, 2024 -6.20 Mn
Jun 30, 2024 -6.20 Mn
Mar 31, 2024 -8.45 Mn
Mar 31, 2024 -8.45 Mn
Dec 31, 2023 -7.47 Mn
Dec 31, 2023 -7.47 Mn
Sep 30, 2023 -8.91 Mn
Sep 30, 2023 -8.91 Mn
Jun 30, 2023 -7.44 Mn
Jun 30, 2023 -7.44 Mn
Mar 31, 2023 -10.89 Mn
Mar 31, 2023 -10.89 Mn
Dec 31, 2022 -6.69 Mn
Dec 31, 2022 -6.69 Mn
Sep 30, 2022 -8.84 Mn
Sep 30, 2022 -8.84 Mn
Jun 30, 2022 -7.48 Mn
Jun 30, 2022 -7.48 Mn
Mar 31, 2022 -8.47 Mn
Mar 31, 2022 -8.47 Mn
Dec 31, 2021 -5.74 Mn
Dec 31, 2021 -5.74 Mn
Sep 30, 2021 -7.29 Mn
Sep 30, 2021 -7.29 Mn
Jun 30, 2021 -3.55 Mn
Jun 30, 2021 -3.55 Mn
Mar 31, 2021 -7.48 Mn
Mar 31, 2021 -7.48 Mn
Dec 31, 2020 -4.82 Mn
Dec 31, 2020 -4.82 Mn
Sep 30, 2020 -1.28 Mn
Sep 30, 2020 -1.28 Mn