Growth Metrics

Calidi Biotherapeutics (CLDI) Operating Income (2022 - 2025)

Calidi Biotherapeutics' quarterly Operating Income came in at -$4.5 million in Q4 2025, down 10.93% year-on-year from -$5.0 million in Q4 2024, and up 11.53% quarter-over-quarter from -$5.0 million in Q3 2025.

Calidi Biotherapeutics has reported Operating Income for 4 years, with the latest figure at -$4.5 million in Q4 2025.

  • For the quarter ending Q4 2025, Operating Income fell 10.93% year-over-year to -$4.5 million; the trailing twelve-month figure through Dec 2025 stood at -$20.2 million (up 7.05% YoY), and the FY2025 full-year result was -$20.2 million, up 7.05% from the prior year.
  • Operating Income for Q4 2025 stood at -$4.5 million, up from -$5.0 million in the prior quarter.
  • The five-year high for Operating Income was -$361622.0 in Q2 2022, with the low at -$9.8 million in Q4 2023.
  • Average Operating Income over 4 years is -$5.2 million, with a median of -$5.3 million recorded in 2023.
  • Year-over-year, Operating Income plunged 1707.69% in 2023 and jumped 59.0% in 2024.
  • Tracing CLDI's Operating Income over 4 years: stood at -$4.7 million in 2022, then plunged by 109.47% to -$9.8 million in 2023, then jumped by 59.0% to -$4.0 million in 2024, then dropped by 10.93% to -$4.5 million in 2025.
  • The last three Operating Income figures came in at -$4.5 million (Q4 2025), -$5.0 million (Q3 2025), and -$5.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Quantum Biopharma 1,638,563.89 Bn 1,638,563.89 Bn - -2.97 Mn
2 Alterity Therapeutics 767,934.24 Bn 767,934.20 Bn - -
3 Legend Biotech 2,937.00 Bn 2,936.10 Bn 242.10 Mn -19.70 Mn
4 Nanobiotix 2,282.79 Bn 2,282.72 Bn - -
5 Akari Therapeutics 2,169.69 Bn 2,169.69 Bn - -15.76 Mn
6 Vertex Pharmaceuticals 110.41 Bn 103.16 Bn 2.59 Bn 1.14 Bn
7 Regeneron Pharmaceuticals 66.44 Bn 57.69 Bn 3.31 Bn 642.90 Mn
8 Evaxion A 65.44 Bn 65.42 Bn - -3.82 Mn
9 Alnylam Pharmaceuticals 39.53 Bn 36.52 Bn 959.66 Mn 268.64 Mn
10 Calidi Biotherapeutics - - - -4.47 Mn

Historic Data

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DateValue
Dec 31, 2025 -4.47 Mn
Sep 30, 2025 -5.05 Mn
Jun 30, 2025 -5.66 Mn
Mar 31, 2025 -5.06 Mn
Dec 31, 2024 -4.03 Mn
Sep 30, 2024 -5.23 Mn
Jun 30, 2024 -5.77 Mn
Mar 31, 2024 -6.75 Mn
Dec 31, 2023 -9.82 Mn
Sep 30, 2023 -7.22 Mn
Jun 30, 2023 -6.54 Mn
Mar 31, 2023 -5.41 Mn
Dec 31, 2022 -4.69 Mn
Sep 30, 2022 -6.99 Mn
Jun 30, 2022 -361,622.00
Mar 31, 2022 -528,858.00