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Candel Therapeutics, Inc. CADL Total Operating Expenses

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Other financials

Income statement

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Revenue$31.0K0.0%
Operating income-$16.3M-100%
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+155%
Enterprise value$583.94M+176%

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:OperatingExpenses.

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
Operating expenses:
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

Item 1. Financial Statements.

FAQ

What is Candel Therapeutics, Inc.'s total operating expenses?
Candel Therapeutics, Inc. (CADL) reported total operating expenses of $16.28M in Q1 2026.
How has Candel Therapeutics, Inc.'s total operating expenses changed year-over-year?
Candel Therapeutics, Inc.'s total operating expenses increased by 100.3% year-over-year, from $8.13M to $16.28M.
What is the long-term trend for Candel Therapeutics, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Candel Therapeutics, Inc.'s total operating expenses has grown at a 16.9% compound annual growth rate (CAGR), from $25.85M to $48.27M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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