Nektar Therapeutics

Nektar Therapeutics

NKTRยทNASDAQ

$59.23

+1.1%
HealthcareBiotechnology

Nektar Therapeutics, a biopharmaceutical company, focuses on discovering and developing medicines in areas of unmet medical need in the United States and internationally. The company's products include Bempegaldesleukin, a CD122-preferential interleukin-2 (IL-2) pathway agonist, which is in phase 3 clinical trial to treat metastatic melanoma, renal cell carcinoma, muscle-invasive bladder cancer, squamous cell carcinoma of the head and neck, and adjuvant melanoma; phase 2 clinical trial for the treatment of renal cell carcinoma, non-small cell lung cancer, and urothelial cancer; phase 1/2A clinical trial to treat squamous cell carcinoma of the head and neck; phase 1/2 clinical trial for the treatment of solid tumors; and phase 1B clinical trial to treat COVID-19. It is also developing NKTR-358, a cytokine Treg stimulant that is in phase 2 clinical trial for the treatment of systemic lupus erythematosus and ulcerative colitis, as well as phase 1B clinical trial to treat atopic dermatitis and psoriasis; NKTR-255, an IL-15 receptor agonist, which is in phase 1/2 clinical trial for the treatment of non-Hodgkin's lymphoma and multiple myeloma, and head and neck cancer and colorectal cancer; and NKTR-262, a toll-like receptor agonist that is in phase 1/2 clinical trial to treat solid tumors, as well as various other drug candidates. The company has collaboration agreements with Takeda Pharmaceutical Company Ltd.; AstraZeneca AB; UCB Pharma S.A.; F. Hoffmann-La Roche Ltd; Bausch Health Companies Inc.; Pfizer Inc.; Amgen Inc.; UCB Pharma (Biogen); Bristol-Myers Squibb Company; Baxalta Incorporated; Eli Lilly and Company; Merck KGaA; and SFJ Pharmaceuticals, Inc. Nektar Therapeutics was incorporated in 1990 and is headquartered in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$1.16B
EPS-9.7300
P/E Ratio-6.09
Earnings Date08/06/2026
3Y-40.0%
5Y-64.0%
10Y-67.0%
3Y-55.0%
5Y-63.0%
10Y+7.0%
3Y-31.0%
5Y-33.0%
10Y+78.0%
Nektar Therapeutics

Nektar Therapeutics Profit Bridge

NKTR ยท NASDAQ
Revenue55.23M
Cost of Goods Sold (0.00)
Gross Profit55.23M
Operating Expenses (186.00M)
Operating Income-130.77M
Interest Expense (26.18M)
Other Income/Expense-33.44M
Pretax Income-164.21M
Income Tax (-138.00K)
Net Income-164.08M
Net Income
-164.08M

Profitability Analysis

Gross Margin

100.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-236.8%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-297.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Nektar Therapeutics Income Statement

NKTR โ€ข NASDAQ

Nektar Therapeutics Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
55.2M
98.4M
90.1M
92.1M
101.9M
152.9M
114.6M
1.2B
307.7M
165.4M
230.8M
200.7M
148.9M
81.2M
71.5M
159M
71.9M
90.2M
273M
217.7M
GROSS PROFIT
(0.0)
(30.7M)
(36.6M)
(21.6M)
(24.9M)
(19.5M)
(21.4M)
(24.4M)
(30.5M)
(30.2M)
(34.1M)
(28.5M)
(38.5M)
(30.4M)
(21.9M)
(25.7M)
(30.9M)
(35M)
(147.5M)
(118.1M)
55.2M
67.7M
53.5M
70.4M
77M
133.4M
93.2M
1.2B
277.2M
135.2M
196.7M
172.2M
110.4M
50.8M
49.6M
133.4M
41M
55.1M
125.5M
99.6M
OPERATING INCOME
(186M)
(172.9M)
(190.9M)
(310.7M)
(523.1M)
(513.4M)
(533.3M)
(481M)
(320.8M)
(248.1M)
(226.1M)
(188.7M)
(230.5M)
(190.3M)
(173.5M)
(149.1M)
(136.1M)
(137.8M)
(161.7M)
(258.9M)
(68.7M)
(76.8M)
(77.4M)
(92.3M)
(122.8M)
(104.7M)
(98.7M)
(81.4M)
(52.4M)
(44.3M)
(43.3M)
(40.9M)
(40.5M)
(41.6M)
(46.8M)
(41M)
(41M)
(51.5M)
(56.3M)
(78.3M)
(117.3M)
(120.9M)
(114.2M)
(218.3M)
(400.3M)
(408.7M)
(434.6M)
(399.5M)
(268.5M)
(203.8M)
(182.8M)
(147.7M)
(190M)
(148.7M)
(126.8M)
(108.1M)
(95.1M)
(154.4M)
(153.6M)
(149.4M)
-130.8M
-105.2M
-137.4M
-240.2M
-446.1M
-379.9M
-440M
687.9M
-59.6M
-112.9M
-29.4M
-16.5M
-120.1M
-141.2M
-123.9M
-28.3M
-95.1M
-82.7M
-36.1M
-159.2M
PRE-TAX INCOME
(26.2M)
(28.1M)
(25.3M)
(28.9M)
(47.3M)
(37.1M)
(46.4M)
(42.8M)
(41M)
(42.2M)
(38.9M)
(38.8M)
(40.8M)
(33.5M)
(10.2M)
(11.2M)
(12.2M)
(15.2M)
(0.0)
(0.0)
-15.7M
-13.6M
-6.3M
-22.1M
-44.6M
-18.8M
-19K
-5.2M
-36.4M
-39.8M
-37.2M
-37.9M
-39.6M
-30.2M
-8M
-9.6M
-8.5M
-2.7M
0.0
0.0
(0.0)
-24.7M
-676K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(392K)
(983K)
(0.0)
(0.0)
(0.0)
-68.1M
-48.3M
(31.2M)
-33.4M
-14M
-138.8M
-124.7M
-77.2M
-64M
-19K
-5.2M
-36.4M
-39.8M
-51.3M
-37.9M
-39.6M
-30.2M
-9M
-8.8M
-7.6M
47.5M
4.7M
5.3M
-164.2M
-119.2M
-276.3M
-365M
-523.3M
-443.9M
-440.1M
682.7M
-96.1M
-152.6M
-80.7M
-54.4M
-159.8M
-171.4M
-133M
-37.1M
-102.8M
35.1M
-31.5M
-153.9M
NET INCOME
-138K
-239K
-200K
(3.2M)
(557K)
(493K)
(613K)
(1.4M)
(616K)
(876K)
(506K)
-512K
(2.2M)
(406K)
(1M)
(881K)
-253K
-806K
(1.3M)
(828K)
-164.1M
-119M
-276.1M
-368.2M
-523.8M
-444.4M
-440.7M
681.3M
-96.7M
-153.5M
-81.2M
-53.9M
-162M
-171.9M
-134M
-37.9M
-102.5M
-34.3M
-32.8M
-154.8M

SEC Filings

NKTR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 04, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
10-K

10-K 2025 FY

FY

March 13, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 12, 2026
March 12, 2026
2026
8-K

8-K 2026

N/A

February 13, 2026
February 11, 2026
2026
Showing 1 to 10 of 551 filings