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CEL-SCI

Develops a pre-surgical cytokine treatment for selected head-and-neck cancer patients.

$1.63
After-hours close+0.06 (+4.17%)
At close$1.56(−2.50%)
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CEL-SCI CorporationCVMHealth Care

Develops Multikine, a pre-surgical cytokine treatment for selected head-and-neck cancer patients, and retains a preclinical LEAPS platform. With no approved products or product revenue, operations are concentrated on a confirmatory study, specialized biologic manufacturing and external financing.

Develops Multikine, a locally administered mixture of naturally derived human cytokines intended as a pre-surgical treatment for selected patients with newly diagnosed head-and-neck squamous cell carcinoma. It is designed to add to, rather than replace, surgery and postoperative radiation or chemoradiation. LEAPS, an antigen-presentation platform, remains preclinical and is not the present research-and-development focus.

Operates as a research-and-development business with no approved products or product revenue. Controls Multikine development and biologic manufacturing at a dedicated Maryland facility, while using clinical and regulatory contractors and maintaining prospective territory agreements that depend on future approvals.

Depends on a confirmatory late-stage study for patients with low or absent PD-L1 expression and no clinical lymph-node involvement at entry, after the prior full-population study missed its overall-survival endpoint. Commercial deployment would also require regulatory approval, an FDA-authorized companion diagnostic, manufacturing validation, and financing.

Company facts

CEOGeert R. Kersten
ListedDec 8, 1983
ExchangeAMEX
HeadquartersVienna, VA
CountryUnited States
Employees43
CIK0000725363
ISINUS1508377066

Key statistics

Market cap$10.7M
EPS (ttm)−$2.58
P/E (ttm)−0.6047
ROE-202.1%
P/B1.73
P/S0.00
Dividend yield
Beta1.60vs XLV 0.46

Year to date −69.7% · Average volume (30d) 203.4K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
Reported−$0.47

Revenue

Estimate
Reported

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 14, 2026Q3 FY26−$0.47+3.36%
May 18, 2026Q2 FY26−$0.67−7.56%
Feb 17, 2026Q1 FY26−$0.68+8.37%
Jan 12, 2026Q1 FY26−$2.70−0.97%
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Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$0$0$0$0$0$0
Gross profit−$4.0M−$959.0K−$960.9K−$3.7M−$956.4K−$946.4K
Operating income−$6.4M−$5.5M−$6.0M−$5.4M−$5.3M−$5.6M
Net income−$6.6M−$5.7M−$6.1M−$5.5M−$5.5M−$5.7M
Diluted EPS−$2.33−$1.36−$0.76−$0.68−$0.67−$0.47
Gross margin
Operating margin

Fiscal years (4-quarter sums)FY24 $6.0M · FY25 $0

Balance sheet, Jun 30, 2026Cash & short-term investments $6.5M · Total debt $7.9M · Total assets $21.4M · Shareholders' equity $11.0M

Dividends

No dividends on record.

Ownership

Institutions 10.86%746.1K sharesInsiders 4.60%316.1K sharesOther 84.54%5.81M shares

Shares outstanding 6.87M · Float 6.31M · 91.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Lincoln Alternative Strategies LLC555.0K6.94%13GAug 29, 2025
Geert R. Kersten · director, officer: Chief Executive Officer316.1K4.60%Form 4Aug 26, 2026
Vanguard Capital Management LLC243.6K3.55%13FMay 15, 2026
Mai Capital Management91.3K1.33%13FMay 15, 2026
Geode Capital Management, LLC85.3K1.24%13FMay 15, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 25, 2026Geert R. Kerstendirector, officer: Chief Executive Officer+100,000$1.38
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Peers

  • Merck

    Approved perioperative PD-1 regimen in resectable HNSCC.

  • Eli Lilly

    Established locoregional HNSCC regimen with radiation.

  • Bristol-Myers Squibb

    Approved PD-1 therapy in recurrent or metastatic HNSCC.

  • PDS Biotechnology

    Late-stage HNSCC immunotherapy program targeting HPV16 disease.

CompareAfter-hours close

CompanyPriceChange
CEL-SCI$1.63+4.17%$10.7M
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
Eli Lilly$1,173.00−0.08%$1.10T39.428.713.9+47.7%
Bristol-Myers Squibb$66.60+0.05%$136.00B14.710.52.8+5.7%
PDS Biotechnology$0.2136+2.05%$11.8M
Median39.417.25.5+5.7%