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-61.0%
5Y-82.0%
10Y-51.0%
3Y-45.0%
5Y-59.0%
10Y-60.0%
3Y-75.0%
5Y-92.0%
10Y+2.0%
nktr

Nektar Therapeutics Funding & Solvency Profile

NKTR ยท NASDAQ
Cash & Cash Equivalents15.12M
Net Receivables1.78M
Inventory0.00
Other Current Assets0.00
Total Current Assets266 M
Property, Plant & Equipment5.00M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets9.14M
Total Non-Current Assets14 M
Total Assets
280.41M

Financial Health Analysis

Current Ratio

4.97x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.12x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

213 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

95% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Nektar Therapeutics Balance Sheet

NKTR โ€ข NASDAQ

Nektar Therapeutics Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
ASSETS
CURRENT ASSETS
15.1M
44.3M
35.3M
88.2M
25.2M
199M
96.4M
194.9M
4.8M
59.6M
55.6M
12.4M
39.1M
25.4M
15.3M
17.8M
49.6M
155.6M
76.3M
63.8M
230.6M
211M
268.3M
416.8M
708.7M
862.9M
1.2B
1.1B
291.4M
329.5M
253.4M
225.5M
198M
251.8M
225.9M
298.2M
346.6M
223.4M
406.1M
394.9M
245.8M
255.2M
303.6M
505M
734M
1.1B
1.3B
1.3B
296.1M
389.1M
308.9M
237.8M
237M
277.2M
241.2M
315.9M
396.2M
379M
482.4M
458.6M
1.8M
1.6M
2.3M
8.4M
22.5M
38.9M
36.8M
43.2M
5M
15.7M
19.9M
3.6M
2.2M
5.8M
4.9M
25.1M
4.8M
11.2M
21.6M
47.1M
0.0
0.0
1.2M
6M
22.5M
38.9M
36.8M
43.2M
5M
15.7M
19.9M
3.6M
2.2M
5.8M
4.9M
25.1M
4.8M
11.2M
21.6M
47.1M
1.8M
1.6M
1M
2.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
16.1M
19.2M
15.8M
15.3M
12.7M
11.4M
10.7M
11.1M
11.3M
13M
13.5M
18.3M
12.7M
7.3M
6.5M
9.3M
12.2M
14.7M
18.7M
4.5M
8.7M
13.4M
23.3M
21.9M
31.8M
26.5M
600K
10.1M
9.8M
8.8M
5.2M
13.4M
17.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
15.4M
21.3M
14.3M
10.4M
9.8M
25M
5.2M
0.0
17.9M
5.7M
6.2M
6.7M
7.1M
14.6M
266.3M
261.3M
330.7M
546M
795.6M
1.1B
1.4B
1.4B
326.8M
426.3M
350.1M
288.2M
257.9M
314.6M
276.7M
354M
413.7M
406.2M
523.3M
535M
NON-CURRENT ASSETS
5M
11.8M
36.9M
85.9M
177.5M
186.1M
199.8M
48.9M
47.5M
65.6M
71.3M
70.4M
67M
72.2M
78.6M
89.8M
78.3M
73.6M
114.4M
133.8M
0.0
0.0
0.0
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
78.4M
78.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.7M
3.6M
0.0
0.0
0.0
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
76.5M
81.1M
82.1M
0.0
26.1M
25.8M
0.0
64.8M
136.7M
279.1M
582.9M
57.1M
0.0
0.0
0.0
0.0
0.0
173.8M
0.0
0.0
0.0
0.0
0.0
9.1M
4.6M
4.6M
2.2M
2.7M
1.5M
344K
4.2M
994K
517K
4.2M
6.6M
33.2M
34.4M
999K
972K
7.1M
4.2M
6.3M
17.3M
14.1M
42.6M
67.3M
164.6M
321.6M
400.8M
555.8M
712.5M
182M
142.6M
152M
153.4M
176.6M
183.2M
329.8M
167.2M
161.9M
154.3M
201.8M
233.1M
280.4M
303.9M
398M
710.6M
1.1B
1.5B
2B
2.2B
508.9M
568.9M
502.1M
441.6M
434.5M
497.8M
606.6M
521.2M
575.5M
560.5M
725.1M
768.2M
LIABILITIES
CURRENT LIABILITIES
10.8M
11.6M
9.8M
13M
9.7M
22.1M
19.2M
5.9M
4.8M
2.8M
2.4M
2.7M
9.1M
2.9M
3M
7.2M
3.1M
13.8M
3.6M
8.2M
10.8M
11.6M
9.8M
13M
9.7M
22.1M
19.2M
5.9M
4.8M
2.8M
2.4M
2.7M
9.1M
2.9M
3M
7.2M
3.1M
13.8M
3.6M
8.2M
0.0
24.4M
16.6M
27M
42.3M
65.2M
52.3M
9.9M
8.3M
16.9M
6M
21M
30.1M
32.6M
12.8M
29.9M
10.1M
39.1M
67.6M
30M
20.5M
0.0
0.0
0.0
0.0
0.0
252.9M
0.0
0.0
2.9M
4.8M
0.0
0.0
0.0
217.4M
0.0
0.0
0.0
2.3M
103.4M
0.0
19.9M
19.3M
18.7M
17.4M
13.9M
12.5M
0.0
0.0
2.9M
4.8M
4.5M
3.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
91K
5.5M
13.9M
18.9M
14.4M
21.4M
24.5M
23.7M
21.9M
19.6M
20.6M
115.6M
10M
19.6M
16.4M
22.3M
5.6M
5.6M
9.6M
15.7M
14.4M
11.5M
52.3M
24.2M
32.4M
21.9M
11.3M
31.8M
21.2M
22.7M
6.4M
24.3M
5.4M
5M
7.4M
53.5M
61.4M
51.3M
68.2M
85.2M
115.8M
353.9M
82M
56.2M
72.2M
61.2M
64M
98.2M
78.5M
275.5M
64.1M
153M
68.4M
98.1M
165.3M
NON-CURRENT LIABILITIES
63.2M
0.0
0.0
0.0
0.0
0.0
0.0
247M
245.2M
243.5M
241.7M
125M
125M
125M
0.0
215M
215M
215M
315M
315M
0.0
0.0
0.0
0.0
0.0
2.5M
2.6M
10.7M
19M
51.9M
62.4M
76.9M
82.4M
99M
111.5M
128.9M
81.8M
55.6M
61.3M
23.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-55.6M
-61.3M
-23.7M
8.6M
99M
117.3M
162.9M
226.7M
206.9M
72.8M
92.9M
100.6M
111M
125.8M
135.2M
210.8M
136.7M
7.2M
5.6M
4.5M
5.2M
14.6M
41M
137M
181.7M
215.8M
275.8M
352.5M
345.7M
218.1M
350.6M
364.9M
408.5M
434.4M
341.2M
426.2M
372.2M
133.2M
366.5M
320.1M
302M
412.6M
375.8M
65.3M
102.6M
117.8M
131.5M
143.2M
150.3M
155.2M
0.0
0.0
5.1M
5.8M
8.7M
8M
11.6M
14.6M
17M
18.8M
20.3M
21.6M
19.8M
190.6M
243.1M
267M
344M
437.7M
461.5M
572M
432.6M
421M
480.7M
495.6M
405.3M
524.4M
450.8M
408.7M
430.6M
473.2M
370.4M
510.7M
541.1M
SHAREHOLDERS' EQUITY
0.0
-3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
316K
111K
363K
170K
0.0
181K
0.0
103K
32K
0.0
0.0
357K
0.0
2K
19K
19K
19K
19K
18K
17K
17K
15K
15K
13K
13K
11K
11K
11K
9K
9K
9K
9K
9K
3.9B
3.7B
3.6B
3.6B
3.5B
3.4B
3.3B
3.1B
2.2B
2.1B
1.9B
1.8B
1.6B
1.6B
1.6B
1.4B
1.3B
1.3B
1.3B
1.3B
-3.8B
-3.6B
-3.5B
-3.2B
-2.8B
-2.3B
-1.9B
-1.4B
-2.1B
-2B
-1.9B
-1.8B
-1.7B
-1.6B
-1.4B
-1.3B
-1.2B
-1.1B
-1.1B
-1.1B
17K
61K
80K
-6.9M
-4.2M
-2.3M
-1M
-6.3M
-2.1M
-2.4M
-2.2M
-1.6M
-1.2M
-357K
-1.1M
968K
1M
1.4M
1.6M
62K
89.8M
60.7M
131M
366.6M
679.5M
1.1B
1.4B
1.7B
87.8M
88.1M
6.4M
36.3M
-89.9M
47M
197.8M
90.7M
102.4M
190.2M
214.4M
227.1M
89.8M
60.7M
131M
366.6M
679.5M
1.1B
1.4B
1.7B
87.8M
88.1M
6.4M
36.3M
-89.9M
47M
197.8M
90.7M
102.4M
190.2M
214.4M
227.1M
SUMMARY
280.4M
303.9M
398M
710.6M
1.1B
1.5B
2B
2.2B
508.9M
568.9M
502.1M
441.6M
434.5M
497.8M
606.6M
521.2M
575.5M
560.5M
725.1M
768.2M
230.6M
237.1M
294.2M
416.8M
773.6M
999.6M
1.5B
1.7B
348.5M
329.5M
253.4M
225.5M
198M
251.8M
399.6M
298.2M
346.6M
223.4M
406.1M
394.9M
148.9M
102.6M
117.8M
131.5M
143.2M
150.3M
408.1M
247M
245.2M
248.6M
247.9M
133.7M
133M
136.6M
229.5M
232M
233.8M
235.3M
339M
438.1M
133.8M
58.3M
82.5M
43.3M
118M
-48.7M
311.8M
52M
240.4M
189M
192.4M
121.3M
94M
111.2M
214.2M
214.2M
184.2M
79.7M
262.7M
374.4M
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600
19,018,600

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