Candel Therapeutics (CADL) Net Income (2020 - 2025)

Candel Therapeutics recorded quarterly Net Income of -$16.1 million in Q4 2025, down 29.41% quarter-over-quarter from -$12.4 million in Q3 2025, and down 94.95% year-over-year from -$318.3 million in Q4 2024.

Candel Therapeutics' Net Income history runs 6 years deep, the most recent figure standing at -$16.1 million for Q4 2025.

  • In Q4 2025, Net Income fell 94.95% year-over-year to -$16.1 million; the TTM figure through Dec 2025 stood at -$46.5 million (down 35.19% YoY), while the FY2025 annual figure was -$46.5 million, down 35.19% from the prior year.
  • Net Income came in at -$16.1 million for Q4 2025 at Candel Therapeutics, down from -$12.4 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$4.7 million in Q1 2021 to a low of -$16.1 million in Q4 2025.
  • A 5-year average of -$9.0 million and a median of -$9.0 million in 2023 frame the typical range for Net Income.
  • Across the five-year window, Net Income sank 197.01% in 2021 and rose 22.08% in 2024, its largest moves.
  • Candel Therapeutics' Net Income stood at -$7.8 million in 2021, then decreased by 1.6% to -$7.9 million in 2022, then slumped by 34.3% to -$10.6 million in 2023, then grew by 22.08% to -$8.2 million in 2024, then slumped by 94.95% to -$16.1 million in 2025.
  • According to Business Quant data, Net Income over the past three periods registered -$16.1 million, -$12.4 million, and -$10.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -2.99 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 -8.40 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -14.46 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.03 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.40 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 727.20 Mn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 205.99 Mn
10 Candel Therapeutics 449.62 Mn 449.62 Mn - -16.07 Mn

Historic Data

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DateValue
Dec 31, 2025 -16.07 Mn
Sep 30, 2025 -12.42 Mn
Jun 30, 2025 -10.49 Mn
Mar 31, 2025 -7.50 Mn
Dec 31, 2024 -8.24 Mn
Sep 30, 2024 -9.01 Mn
Jun 30, 2024 -8.90 Mn
Mar 31, 2024 -8.23 Mn
Dec 31, 2023 -10.58 Mn
Sep 30, 2023 -9.03 Mn
Jun 30, 2023 -9.77 Mn
Mar 31, 2023 -9.53 Mn
Dec 31, 2022 -7.88 Mn
Sep 30, 2022 -9.06 Mn
Jun 30, 2022 -9.12 Mn
Mar 31, 2022 -9.16 Mn
Dec 31, 2021 -7.75 Mn
Sep 30, 2021 -8.04 Mn
Jun 30, 2021 -5.32 Mn
Mar 31, 2021 -4.67 Mn
Dec 31, 2020 -6.08 Mn
Sep 30, 2020 -2.71 Mn
Jun 30, 2020 -2.53 Mn