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Side-by-side financial comparison of Candel Therapeutics, Inc. (CADL) and FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI). Click either name above to swap in a different company.

FARADAY FUTURE INTELLIGENT ELECTRIC INC. is the larger business by last-quarter revenue ($129.0K vs $102.0K, roughly 1.3× Candel Therapeutics, Inc.). Candel Therapeutics, Inc. runs the higher net margin — -8622.5% vs -26011.6%, a 17389.1% gap on every dollar of revenue. On growth, Candel Therapeutics, Inc. posted the faster year-over-year revenue change (229.0% vs -45.1%). Candel Therapeutics, Inc. produced more free cash flow last quarter ($-11.0M vs $-29.5M).

Candel Therapeutics, Inc. is a clinical-stage biotechnology company specializing in developing oncolytic immunotherapies for cancer treatment. Its product pipeline covers solid tumors and hematological malignancies, serving global oncology markets and addressing unmet medical needs for patients with limited treatment options.

Faraday Future Inc. is an American technology company founded in 2014 focused on the development of electric vehicles. Based in Los Angeles, California, it began producing vehicles in 2023 and markets them in the United States and China. The company delivered a total of 16 vehicles by January 2025. After two funding rounds in late 2024 totaling $60 million, the company announced it will pivot to selling rebadged Chinese vans.

CADL vs FFAI — Head-to-Head

Bigger by revenue
FFAI
FFAI
1.3× larger
FFAI
$129.0K
$102.0K
CADL
Growing faster (revenue YoY)
CADL
CADL
+274.1% gap
CADL
229.0%
-45.1%
FFAI
Higher net margin
CADL
CADL
17389.1% more per $
CADL
-8622.5%
-26011.6%
FFAI
More free cash flow
CADL
CADL
$18.6M more FCF
CADL
$-11.0M
$-29.5M
FFAI

Income Statement — Q1 FY2023 vs Q4 FY2025

Metric
CADL
CADL
FFAI
FFAI
Revenue
$102.0K
$129.0K
Net Profit
$-8.8M
$-33.6M
Gross Margin
-12111.6%
Operating Margin
-9444.1%
-25041.9%
Net Margin
-8622.5%
-26011.6%
Revenue YoY
229.0%
-45.1%
Net Profit YoY
-906.3%
72.3%
EPS (diluted)
$-0.30

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CADL
CADL
FFAI
FFAI
Q4 25
$129.0K
Q1 25
$316.0K
Q4 24
$235.0K
Q2 24
$293.0K
Q4 23
$233.0K
Q3 23
$551.0K
Q2 23
$0
Q1 23
$102.0K
$0
Net Profit
CADL
CADL
FFAI
FFAI
Q4 25
$-33.6M
Q1 25
$-10.3M
Q4 24
$-121.3M
Q2 24
$-108.7M
Q4 23
$-83.8M
Q3 23
$-78.0M
Q2 23
$-124.9M
Q1 23
$-8.8M
$-145.0M
Gross Margin
CADL
CADL
FFAI
FFAI
Q4 25
-12111.6%
Q1 25
-6666.1%
Q4 24
-8801.7%
Q2 24
-7057.0%
Q4 23
-8424.9%
Q3 23
-2827.6%
Q2 23
Q1 23
Operating Margin
CADL
CADL
FFAI
FFAI
Q4 25
-25041.9%
Q1 25
-13870.6%
Q4 24
-12899.6%
Q2 24
-17272.7%
Q4 23
-29090.1%
Q3 23
-12059.3%
Q2 23
Q1 23
-9444.1%
Net Margin
CADL
CADL
FFAI
FFAI
Q4 25
-26011.6%
Q1 25
-3252.5%
Q4 24
-51599.6%
Q2 24
-37093.9%
Q4 23
-35964.4%
Q3 23
-14164.4%
Q2 23
Q1 23
-8622.5%
EPS (diluted)
CADL
CADL
FFAI
FFAI
Q4 25
Q1 25
Q4 24
Q2 24
Q4 23
Q3 23
Q2 23
Q1 23
$-0.30
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CADL
CADL
FFAI
FFAI
Cash + ST InvestmentsLiquidity on hand
$59.3M
$34.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$39.7M
$-27.3M
Total Assets
$67.2M
$277.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CADL
CADL
FFAI
FFAI
Q4 25
$34.9M
Q1 25
$9.5M
Q4 24
$7.1M
Q2 24
$793.0K
Q4 23
$1.9M
Q3 23
$6.7M
Q2 23
$17.9M
Q1 23
$59.3M
$31.8M
Stockholders' Equity
CADL
CADL
FFAI
FFAI
Q4 25
$-27.3M
Q1 25
$139.8M
Q4 24
$115.0M
Q2 24
$148.7M
Q4 23
$228.2M
Q3 23
$261.8M
Q2 23
$277.7M
Q1 23
$39.7M
$255.8M
Total Assets
CADL
CADL
FFAI
FFAI
Q4 25
$277.9M
Q1 25
$410.6M
Q4 24
$425.4M
Q2 24
$457.9M
Q4 23
$530.5M
Q3 23
$579.5M
Q2 23
$567.5M
Q1 23
$67.2M
$575.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CADL
CADL
FFAI
FFAI
Operating Cash FlowLast quarter
$-10.8M
$-28.4M
Free Cash FlowOCF − Capex
$-11.0M
$-29.5M
FCF MarginFCF / Revenue
-10742.2%
-22886.8%
Capex IntensityCapex / Revenue
135.3%
867.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-35.4M
$-91.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CADL
CADL
FFAI
FFAI
Q4 25
$-28.4M
Q1 25
$-20.3M
Q4 24
$-18.4M
Q2 24
$-14.4M
Q4 23
$-37.8M
Q3 23
$-79.7M
Q2 23
$-57.7M
Q1 23
$-10.8M
$-103.0M
Free Cash Flow
CADL
CADL
FFAI
FFAI
Q4 25
$-29.5M
Q1 25
$-21.9M
Q4 24
$-25.3M
Q2 24
$-14.6M
Q4 23
$-58.1M
Q3 23
$-94.7M
Q2 23
$-66.7M
Q1 23
$-11.0M
$-119.9M
FCF Margin
CADL
CADL
FFAI
FFAI
Q4 25
-22886.8%
Q1 25
-6918.7%
Q4 24
-10770.6%
Q2 24
-4993.5%
Q4 23
-24923.2%
Q3 23
-17181.1%
Q2 23
Q1 23
-10742.2%
Capex Intensity
CADL
CADL
FFAI
FFAI
Q4 25
867.4%
Q1 25
496.2%
Q4 24
2945.1%
Q2 24
88.4%
Q4 23
8696.6%
Q3 23
2723.4%
Q2 23
Q1 23
135.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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