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Other financials

Income statement

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Revenue$31.0K0.0%
Net income-$8.9M-220%
EPS (diluted)-$0.14-208%

Balance sheet

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Cash & equivalents$194.8M+111%
Total debt$2.8M-73.9%
Total equity$138.0M+84.8%
Total assets$201.9M+111%

Cash flow

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Operating cash flow-$18.0M-109%
CapEx$675.0K+22,400%
Free cash flow-$18.7M-117%

Valuation

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Market cap$775.93M+157%
Enterprise value$583.94M+179%

Profitability

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Operating margin-28,000.8%+15,050pp
Net margin-15,156.5%-5,064pp
FCF margin-26,383.9%+14,851pp

Returns & leverage

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Return on equity-51.2%-16.6pp
Debt / equity-0.1×
Current ratio28×+23.4×

Where this comes from

Reported directly by Candel Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Candel Therapeutics, Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 8:30 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-222904
Line itemTHREE MONTHS ENDEDMARCH 31, 2026THREE MONTHS ENDEDMARCH 31, 2025
Research and development$9,840$4,016
General and administrative6,4444,114
Total operating expenses16,2848,130
Loss from operations(16,284)(8,130)
Other income (expense):
Grant income22
Interest income1,322934
Interest expense(1,564)(306)

Item 1. Financial Statements.

FAQ

What is Candel Therapeutics, Inc.'s operating income?
Candel Therapeutics, Inc. (CADL) reported operating income of -$16.28M in Q1 2026.
How has Candel Therapeutics, Inc.'s operating income changed year-over-year?
Candel Therapeutics, Inc.'s operating income decreased by 100.3% year-over-year, from -$8.13M to -$16.28M.
What is the long-term trend for Candel Therapeutics, Inc.'s operating income?
Over 4 years (2021 to 2025), Candel Therapeutics, Inc.'s operating income has grown at a 17.0% compound annual growth rate (CAGR), from -$25.73M to -$48.27M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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