Candel Therapeutics, Inc. (CADL) Revenue History
Annual and quarterly revenue from 2019 to present
CADL Revenue Over Time (2019–2025)
CADL Revenue Growth History
0 of 4 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- +0.0%
- FY2021 revenue growth
- +0.0%
- FY2022 revenue growth
- +0.0%
- FY2023 revenue growth
- -100.0%
- FY2024 revenue growth
- N/A
- FY2025 revenue growth
- N/A
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $0 | — |
| Q4 2025 | $0 | — |
| Q3 2025 | $0 | — |
| Q2 2025 | $0 | — |
| Q1 2025 | $0 | — |
| Q4 2024 | $0 | — |
| Q3 2024 | $0 | — |
| Q2 2024 | $0 | — |
Multi-year avg. share of annual revenue by fiscal quarter
CADL Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 23, 2026, Candel Therapeutics, Inc. (CADL) generated trailing twelve-month (TTM) revenue of $0. The most recent quarter (Q1 2026) recorded $0 in revenue
Historical Growth Trajectory
CADL's historical revenue data shows various trends over time. Candel Therapeutics, Inc.'s highest annual revenue of $125,000 was recorded in 2022.
Peer Comparison
Compared to Healthcare sector peers — including IMCR (+15.6% YoY), IOVA (+34.3% YoY), and FATE (-52.6% YoY). Compare CADL vs IMCR →
CADL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CADLCurrent | $0 | - | - | - | |
 IMCR | $298M | +15.6% | +58.1% | -11.3% | |
 IOVA | $264M | +34.3% | - | -153.1% | |
 FATE | $7M | -52.6% | -26.7% | -2222.4% | |
 NKTR | $55M | -36.2% | -18.4% | -236.8% |
CADL Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | - | $0 | - | $-48,266,000 | - |
| 2024 | $0 | - | $0 | - | $-33,371,000 | - |
| 2023 | $0 | -100.0% | $0 | - | $-38,391,000 | - |
| 2022 | $125K | +0.0% | $125K | 100.0% | $-34,674,000 | -27739.2% |
| 2021 | $125K | +0.0% | $125K | 100.0% | $-24,650,000 | -19720.0% |
| 2020 | $125K | +0.0% | $125K | 100.0% | $-13,810,000 | -11048.0% |
| 2019 | $125K | - | $125K | 100.0% | $-9,037,000 | -7229.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CADL — Frequently Asked Questions
Quick answers to the most common questions about buying CADL stock.
Is CADL's revenue growth accelerating or slowing?
CADL TTM revenue: $0.00. YoY growth: N/A. 5-year CAGR: N/A.
What is CADL's revenue history from 2019 to 2026?
Candel Therapeutics, Inc. (CADL) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $0.00, growing at N/A YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CADL's long-term revenue growth rate (CAGR)?
Candel Therapeutics, Inc.'s 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of N/A is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CADL.
Why does CADL's quarterly revenue fluctuate?
CADL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Candel Therapeutics, Inc.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is CADL's revenue distributed by segment?
CADL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CADL's revenue compare to industry peers?
Candel Therapeutics, Inc. (CADL) with TTM revenue of $0.00 and N/A YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.