Conduit Pharmaceuticals Inc.
NASDAQ: CDT · HEALTHCARE · BIOTECHNOLOGY
Updated 2026-06-05
Conduit Pharmaceuticals Inc. (CDT) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2021 | $0.00 | $-3.66M | — | — | — |
| 2022 | $0.00 | $-4.89M | — | — | — |
| 2023 | $0.00 | $-535000.00 | — | — | — |
| 2024 | $922.22M | $-17.80M | -0.05% | -1.67% | -1.93% |
| 2025 | $2.72B | $-39.22M | 37.98% | -1.35% | -1.44% |
Frequently asked questions
How profitable is CDT?
In its most recent fiscal year, CDT ran a gross margin of 37.98%, an operating margin of -1.35%, and a net margin of -1.44%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does CDT generate?
CDT produced $-17.96M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is CDT's balance sheet healthy?
CDT holds $389.89M in cash and equivalents against — in long-term debt, on $1.26B of shareholder equity. That debt is best read against the cash flow the business throws off each year.