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CVMCEL-SCI Corporation
$1.11$8M
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CVM logoCEL-SCI Corporation(CVM)Earnings, Financials & Key Ratios

CVM•AMEX
$1.11
Price updated Jun 27, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryOncology Therapeutics Developers
AboutCEL-SCI Corporation engages in the research and development of immunotherapy for the treatment of cancer and infectious diseases. The company's lead investigational immunotherapy is Multikine, which is under phase III clinical trial for the treatment of head and neck cancer. Its Ligand Epitope Antigen Presentation System (LEAPS), a pre-clinical patented T-cell modulation process that stimulates the human immune system to fight bacterial, viral, and parasitic infections, as well as autoimmune diseases, allergies, transplantation rejections, and cancer. The company also develops LEAPS-H1N1-DC; CEL-2000 and CEL-4000 are product candidates for the treatment of rheumatoid arthritis; and LEAPS COV-19, a product candidate to treat COVID-19 coronavirus. CEL-SCI Corporation has a collaboration agreement with the University of Georgia's Center for Vaccines and Immunology to develop LEAPS COVID-19 immunotherapy. The company was incorporated in 1983 and is headquartered in Vienna, Virginia.Show more
  • Revenue$0
  • EBITDA-$21M+6.5%
  • Net Income-$25M+5.6%
  • EPS (Diluted)-6.27+53.6%
  • ROE-176.32%+14.6%

CVM Price & Volume

CEL-SCI Corporation (CVM) stock price & volume — 10-year historical chart

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Persistent Cash Burn Threatens Long-Term Solvency

Investment Thesis • Updated 2026Q2

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Binary regulatory approval failure

Key Thesis Takeaways

  • CEL-SCI Corporation remains a high-risk, pre-revenue biotechnology entity whose survival is contingent upon the regulatory success of its lead candidate, Multikine.
  • The company's financial profile is characterized by a $550.4 million accumulated deficit and a reliance on external financing to sustain quarterly R&D expenditures averaging $4.0 million.
  • Investors should monitor the company's ability to secure additional capital, as the current liquidity position appears insufficient to support long-term operations without further dilutive events.

Verdict Logic

the company's precarious liquidity position, evidenced by a current ratio of 0.60 and a persistent lack of recurring revenue, suggests a high probability of further shareholder dilution.

CVM Growth Metrics

CEL-SCI Corporation (CVM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-100%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM14.7%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM72.2%

Return on Capital

10 Years-125.9%
5 Years-87.54%
3 Years-103.2%
Last Year-109.29%

CVM Recent Earnings

CEL-SCI Corporation (CVM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 1/12 qtrs (17%)
Q2 2026Latest
May 15, 2026
Metric
Actual
Est
EPS
$1.35
—
Rev
—
—
Q1 2026
Feb 17, 2026
Metric
Actual
Est
EPS
$0.68
—
Rev
—
—
Q1 2026
Jan 12, 2026
Metric
Actual
Est
EPS
$2.70
—
Rev
—
—
Q3 2025
Aug 14, 2025
Metric
Actual
Est
EPS
$1.36
—
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 15, 2026
$1.35
—
Q1 2026Feb 17, 2026
$0.68
—
Q1 2026Jan 12, 2026
$2.70
—
Q3 2025Aug 14, 2025
$1.36
—
Based on last 12 quarters of dataView full earnings history →

Latest CVM News

Recent stock market news and headlines for CEL-SCI Corporation (CVM)

Business Wire·5 days ago
CEL-SCI and Saudi Amarox Hold Strategic Agreement Signing Ceremony at BIO 2026, Advancing U.S.–Saudi Cooperation in Cancer Care

VIENNA, Va.--(BUSINESS WIRE)---- $CVM #BIO2026--CEL-SCI and Saudi Amarox Hold Strategic Agreement Signing Ceremony at BIO 2026, Advancing U.S.–Saudi Cooperation in Cancer Care.

Business Wire·Jun 16, 2026
CEL-SCI Announces Closing of Offering

VIENNA, Va.--(BUSINESS WIRE)---- $CVM #Multikine--CEL-SCI announces closing of offering.

Business Wire·Jun 16, 2026
CEL-SCI Advances Multikine® Immunotherapy for Head and Neck Cancer Through Dual U.S. Registration Study and Saudi Market Entry Strategy

VIENNA, Va.--(BUSINESS WIRE)---- $CVM #Multikine--CEL-SCI advances Multikine immunotherapy for Head and Neck Cancer through dual U.S. registration study and Saudi market entry strategy.

Peers Comparison

Key metrics vs top competitors for CEL-SCI Corporation (CVM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVM logoCVMCEL-SCI CorporationCurrent
$1.11$7.63M-0.18——-176.32%—
IMVT logoIMVTImmunovant, Inc.
$38.85$7.98B-14.03——-68.16%—
HALO logoHALOHalozyme Therapeutics, Inc.
$74.96$8.89B29.2837.55%23.13%126.27%—
NKTR logoNKTRNektar Therapeutics
$63.65$1.24B-6.54-43.89%-284.18%-87%—
ADMA logoADMAADMA Biologics, Inc.
$8.75$2.03B14.5819.63%32.43%38.97%—
NVAX logoNVAXNovavax, Inc.
$8.88$1.46B3.5064.69%-14.73%——

Compare CVM vs Peers

CEL-SCI Corporation (CVM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IMVT

Most directly comparable listed peer for CVM.

Scale Benchmark

vs TMO

Larger-name benchmark to compare CVM against a more recognizable public peer.

Peer Set

Compare Top 5

vs IMVT, HALO, NKTR, ADMA

CVM SEC Filings & Documents

CEL-SCI Corporation (CVM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 14, 2026·SEC

Material company update

May 13, 2026·SEC

Material company update

Nov 24, 2025·SEC

10-K Annual Reports

4
FY 2025

Dec 29, 2025·SEC

FY 2025

Jan 13, 2025·SEC

FY 2023

Dec 21, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 15, 2026·SEC

FY 2026

Feb 17, 2026·SEC

FY 2025

Aug 14, 2025·SEC

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CVM Frequently Asked Questions

CEL-SCI Corporation (CVM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is CVM profitable?

CEL-SCI Corporation (CVM) reported a net loss of $22.7M for fiscal year 2025.

Dividend & Returns
What is CVM's return on equity?

CEL-SCI Corporation (CVM) has a return on equity (ROE) of -176.3%. Negative ROE indicates the company is unprofitable.

What is CEL-SCI Corporation's free cash flow?

CEL-SCI Corporation (CVM) had negative free cash flow of $16.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CVM back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →