Candel Therapeutics (CADL) Shares Outstanding (Diluted Average) (2021 - 2025)

Candel Therapeutics' (CADL) quarterly Shares Outstanding (Diluted Average) came in at $53.0 million in Q4 2025, up 67.19% year-on-year from $31.7 million in Q4 2024, and up 67.19% quarter-over-quarter from $31.7 million in Q4 2024.

Candel Therapeutics (CADL) Shares Outstanding (Diluted Average) (2021 - 2025) Analysis & Trends

Candel Therapeutics has disclosed Shares Outstanding (Diluted Average) across 5 years of filings, most recently posting $53.0 million for Q4 2025.

  • Shares Outstanding (Diluted Average) for Q4 2025 came in at $53.0 million, up 67.19% year-over-year; the trailing twelve-month figure through Dec 2025 was $53.0 million (up 67.19% YoY), and the FY2025 annual result was $53.0 million, up 67.19% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $53.0 million for Q4 2025 at Candel Therapeutics, up from $31.7 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $53.0 million in Q4 2025 to a low of $11.7 million in Q2 2021.
  • The 5-year median for Shares Outstanding (Diluted Average) is $28.9 million (2023), against an average of $28.8 million.
  • Across the five-year window, Shares Outstanding (Diluted Average) soared 145.81% in 2022 and grew 0.38% in 2023, its largest moves.
  • Candel Therapeutics' Shares Outstanding (Diluted Average) stood at $18.9 million in 2021, then soared by 52.72% to $28.8 million in 2022, then gained by 0.39% to $28.9 million in 2023, then grew by 9.47% to $31.7 million in 2024, then jumped by 67.19% to $53.0 million in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $53.0 million (Q4 2025), $31.7 million (Q4 2024), and $32.0 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 4,489.46 Bn
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 810.00
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 118.76 Bn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - 1.48 Bn
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 256.30 Mn
9 Abivax 91.96 Bn 91.96 Bn - 92.44 Mn
10 Candel Therapeutics 440.62 Mn 440.62 Mn - 52.96 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 52.96 Mn
Dec 31, 2024 31.68 Mn
Sep 30, 2024 32.01 Mn
Jun 30, 2024 29.54 Mn
Mar 31, 2024 29.20 Mn
Dec 31, 2023 28.94 Mn
Sep 30, 2023 28.92 Mn
Jun 30, 2023 28.92 Mn
Mar 31, 2023 28.92 Mn
Dec 31, 2022 28.82 Mn
Sep 30, 2022 28.80 Mn
Jun 30, 2022 28.81 Mn
Mar 31, 2022 28.69 Mn
Dec 31, 2021 18.87 Mn
Sep 30, 2021 23.33 Mn
Jun 30, 2021 11.72 Mn