Nektar Therapeutics (NKTR)
NASDAQ: NKTR · Real-Time Price · USD
76.43
+0.93 (1.23%)
Aug 12, 2026, 10:04 AM EDT - Market open

Nektar Therapeutics Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
55.6355.2398.4390.1292.06101.91
Revenue Growth
-36.24%-43.89%9.21%-2.10%-9.67%-33.36%
Gross Profit
55.6355.2367.7456.3570.4277.01
Operating Income
-134.62-140.1-105.2-263.68-376.17-446.1
Net Income
-158.1-164.08-118.96-276.06-368.2-523.84
Earnings Per Share
-8.42-9.73-8.68-21.75-29.55-42.90
EPS Growth
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Revenue by Geography

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
United States
-1.3811.489.8410.11
Rest of World
55.2397.0578.6482.2191.79
Total
55.2398.4390.1292.06101.91

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
568.6245.75255.23303.62504.98733.96
Total Debt
83.1685.75102.56117.78131.5143.18
Net Cash (Debt)
485.44160152.66185.84373.48590.78
Net Cash Growth
310.37%4.81%-17.85%-50.24%-36.78%-35.19%
Net Cash Per Share
24.879.4811.1314.6729.9448.35

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-203.76-208.51-175.71-192.61-304.01-412.66
Capital Expenditures
-0.19-0.17-1.47-0.87-5.68-14.99
Free Cash Flow
-203.94-208.68-177.18-193.47-309.68-427.65
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
100.00%100.00%68.82%62.53%76.50%75.57%
Operating Margin
-241.98%-253.66%-106.88%-292.59%-408.63%-437.76%
Pretax Margin
-273.59%-281.52%-121.10%-306.54%-396.48%-513.49%
Profit Margin
-273.37%-281.27%-120.86%-306.31%-399.98%-514.03%
FCF Margin
-366.59%-377.83%-180.01%-214.68%-336.41%-419.65%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
-15.8815.8815.8815.8815.88
PS Ratio
45.8515.601.761.204.6324.59