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How Celldex Therapeutics (CLDX) makes money

Celldex Therapeutics (CLDX) made $22K of revenue in the second quarter 2026 (Q2 2026), -97% from a year earlier. Contracts and grants brought in $15K (68%); Product development and licensing agreements brought in $7K (32%).

Drawing the Sankey…

Celldex Therapeutics revenue by segment, Q2 2026Celldex Therapeutics revenue by segment, Q2 2026Contracts and grants$15KProduct development and licensing…$7K
Celldex Therapeutics: revenue by line, Q4 2024 to Q2 2026Celldex Therapeutics: revenue by line, Q4 2024 to Q2 2026Contracts and grantsProduct development a…Contracts and grants: $15K latestProduct development and licensing agreements: $7K latestQ4 2024Q1 2025Q2 2025Q4 2025Q2 2026
Contracts and grants went from 99% of revenue in Q4 2024 to 68% in Q2 2026, the largest shift in the mix.
Celldex Therapeutics revenue by quarterCelldex Therapeutics revenue by quarter$1.2MQ4 2024$695KQ1 2025$730KQ2 2025$121KQ4 2025$15KQ1 2026$22KQ2 2026

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Contracts and grants$15K68.2%—-98%
Product development and licensing agreements$7K31.8%—0%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$22K100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$22K-97%
Q1 2026$15K-98%
Q4 2025$121K-90%
Q2 2025$730K-71%
Q1 2025$695K+346%
Q4 2024$1.2M-72%

From Celldex Therapeutics' 10-Q filed Aug 6, 2026 (on EDGAR).

Questions

How does Celldex Therapeutics make money?

Celldex Therapeutics (CLDX) made $22K of revenue in the second quarter 2026 (Q2 2026), -97% from a year earlier. Contracts and grants brought in $15K (68%); Product development and licensing agreements brought in $7K (32%).

What is Celldex Therapeutics' biggest business?

Contracts and grants: $15K in the second quarter 2026, 68% of revenue, -98% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.