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Celldex Therapeutics (CLDX) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Celldex Therapeutics (CLDX) reported revenue of $22K for the second quarter 2026 (Q2 2026), -97% from a year earlier and +47% from the quarter before.

Revenue$22K
Year over year-97%
Quarter over quarter+47%
Operating margin—
Net earnings−$73.5M

Celldex Therapeutics, Q2 2026: revenue $22K (-97% year over year), net loss $73.5M, operating cash flow −$57.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$22K+47%-97%
Operating profit−$80.6M——
Net earnings−$73.5M——
Operating cash flow−$57.4M——

What changed

Revenue was $22K in Q2 2026, down 97% year over year and up 47% from the previous quarter. Contracts and grants was the largest line at 68% of revenue. Contracts and grants lost $708K year over year (down 98%), 100% of the total change.

Operating costs exceeded revenue by $80.6M, an operating margin of -366468.2%. Total costs grew 25% against a revenue fall of 97%. The fastest-growing cost line was General & admin (+26%). The quarter ended with a net loss of $73.5M, narrower than the previous quarter's $78.7M loss.

Operating cash flow was −$57.4M. Non-cash charges added back $902K of depreciation and amortization and $8.4M of share-based compensation. Working capital and other items added $6.8M. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$60.6M.

Questions

What was Celldex Therapeutics' revenue in the second quarter 2026?

Celldex Therapeutics (CLDX) reported revenue of $22K for the second quarter 2026 (Q2 2026), -97% from a year earlier and +47% from the quarter before.

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Source: Celldex Therapeutics 10-Q on SEC EDGAR.