InsiderClue
Stocks · Health care · Biological Products, (No Diagnostic Substances)

Candel Therapeutics, Inc.

CADL Clue Score47
United States Fiscal year ends December CIK 0001841387
$9.94 +2.90% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $9.94 −2.55% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Jul 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2020Revenue0.1Operating income−13.8Net income−17.7Fiscal year 2021Revenue0.1 +0.0%Operating income−25.7Net income−36.1EPS, diluted−1.91Fiscal year 2022Revenue0.1 +0.0%Operating income−34.7Net income−18.8EPS, diluted−0.65Fiscal year 2023Operating income−38.4Net income−37.9EPS, diluted−1.31Fiscal year 2024Operating income−33.4Net income−55.2EPS, diluted−1.74Fiscal year 2025Operating income−48.3Net income−38.2EPS, diluted−0.72
FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.1 0.1 0.1 n/a n/a n/a
Growth +0.0% +0.0%
Operating income −13.8 −25.7 −34.7 −38.4 −33.4 −48.3
Net income −17.7 −36.1 −18.8 −37.9 −55.2 −38.2
Growth
EPS, diluted n/a −1.91 −0.65 −1.31 −1.74 −0.72

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2020Operating margin−11,048.0%Net margin−14,144.0%Free cash flow margin−8,437.6%Fiscal year 2021Operating margin−20,580.8%Net margin−28,899.2%Free cash flow margin−19,242.4%Fiscal year 2022Operating margin−27,777.6%Net margin−15,035.2%Free cash flow margin−26,172.8%Fiscal year 2023Fiscal year 2024Fiscal year 2025
FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −11,048.0% −20,580.8% −27,777.6% n/a n/a n/a
Net margin −14,144.0% −28,899.2% −15,035.2% n/a n/a n/a
Free cash flow margin −8,437.6% −19,242.4% −26,172.8% n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2020Operating cash flow−9.1Capital expenditure−1.5Free cash flow−10.5Fiscal year 2021Operating cash flow−22.2Capital expenditure−1.8Free cash flow−24.1Fiscal year 2022Operating cash flow−31.4Capital expenditure−1.3Free cash flow−32.7Fiscal year 2023Operating cash flow−34.2Capital expenditure−0.5Free cash flow−34.7Fiscal year 2024Operating cash flow−27.0Capital expenditure−0.0Free cash flow−27.0Fiscal year 2025Operating cash flow−38.3Capital expenditure−0.6Free cash flow−38.9
FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −9.1 −22.2 −31.4 −34.2 −27.0 −38.3
Capital expenditure −1.5 −1.8 −1.3 −0.5 −0.0 −0.6
Free cash flow −10.5 −24.1 −32.7 −34.7 −27.0 −38.9
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2020Cash35.1Total debt0.5Net cash (debt)34.6Shareholders’ equity−23.6Fiscal year 2021Cash82.6Total debt0.6Net cash (debt)82.1Shareholders’ equity64.1Debt to equity0.01Fiscal year 2022Cash70.1Shareholders’ equity47.7Fiscal year 2023Cash35.4Total debt20.5Net cash (debt)14.9Shareholders’ equity12.7Debt to equity1.61Fiscal year 2024Cash102.7Total debt11.6Net cash (debt)91.0Shareholders’ equity66.3Debt to equity0.18Fiscal year 2025Cash119.7Total debt0.0Net cash (debt)119.7Shareholders’ equity51.9Debt to equity0.00
FY2020FY2021FY2022FY2023FY2024FY2025
Cash 35.1 82.6 70.1 35.4 102.7 119.7
Total debt 0.5 0.6 n/a 20.5 11.6 0.0
Net cash (debt) 34.6 82.1 n/a 14.9 91.0 119.7
Shareholders’ equity −23.6 64.1 47.7 12.7 66.3 51.9
Debt to equity n/a 0.01 n/a 1.61 0.18 0.00

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025† 31 Dec 2025
Operations
−9.1 −22.2 −31.4 −34.2 −27.0 −38.3
Growth
0.1 0.2 0.8 n/a n/a n/a
Investment
−1.5 −1.8 −1.3 −0.5 −0.0 −0.6
calc −10.5 −24.1 −32.7 −34.7 −27.0 −38.9
Growth
calc n/a −1.27 −1.14 −1.20 −0.85 −0.73
38.5 −1.8 −1.3 −0.3 −0.0 −0.6
Financing
0.5 71.8 20.0 −0.1 94.3 56.1

† The diluted share count jumps at 2022 and 2025, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.