The Tip Desk

Candel Therapeutics, Inc.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue———$0.1$0.1
Operating income-$48.3-$33.4-$38.4-$34.7-$25.7
Net income-$38.2-$55.2-$37.9-$18.8-$36.1
Balance Sheet
Total debt$46.1$11.6$20.5——
Cash Flow Statement
Free cash flow-$38.9-$27.0-$34.7-$32.7-$24.1

Shares outstanding 73.3M · Free float 82.0%

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.

Coverage