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Celldex Therapeutics CLDX Business Segments — Product Development Expenses

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Other financials

Income statement

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Revenue$15.0K-97.8%
Operating income-$84.4M-34.6%
Net income-$78.7M-46.3%
EPS (diluted)-$1.18-45.7%

Balance sheet

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Cash & equivalents$35.7M+109%
Total debt$1.9M-44.3%
Total equity$456.2M-35.1%
Total assets$511.3M-30.9%

Cash flow

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Operating cash flow-$65.6M-20.6%
CapEx$1.6M+518%
Free cash flow-$67.2M-23.0%

Valuation

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Market cap$2.59B+75.2%
Enterprise value$2.55B+74.4%
P/S2,989.2×+2,794×

Profitability

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Operating margin-35,688.5%-39,114pp
Net margin-32,753.6%-35,519pp
FCF margin-26,125.8%-28,907pp

Returns & leverage

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Return on equity-48.9%-498pp
Debt / equity0.0×
Current ratio8.9×-12.7×

Where this comes from

Reported directly by Celldex Therapeutics in its filing.

Tagged under the XBRL concept cldx:ProductDevelopmentExpenses.

The official record: Celldex Therapeutics’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Celldex Therapeutics's business segments — product development expenses?
Celldex Therapeutics (CLDX) reported business segments — product development expenses of $40.27M in Q4 2025.
How has Celldex Therapeutics's business segments — product development expenses changed year-over-year?
Celldex Therapeutics's business segments — product development expenses increased by 77.8% year-over-year, from $22.65M to $40.27M.
What is the long-term trend for Celldex Therapeutics's business segments — product development expenses?
Over 3 years (2022 to 2025), Celldex Therapeutics's business segments — product development expenses has grown at a 71.1% compound annual growth rate (CAGR), from $32.16M to $161.1M.
What does business segments — product development expenses mean?
This metric quantifies the direct financial resources dedicated to the clinical advancement and technical development of the company's pipeline assets. It highlights the company's focus on translating scientific research into viable therapeutic products. Investors use this to gauge the intensity and pace of the company's clinical trial activities.