NKTR
Nektar Therapeutics
NASDAQ: NKTR · HEALTHCARE · BIOTECHNOLOGY
$83.20
-0.73% today
Updated 2026-04-29
Market cap
$2.76B
P/E ratio
—
P/S ratio
50.03x
EPS (TTM)
$-9.73
Dividend yield
—
52W range
$8 – $109
Volume
1.1M
Nektar Therapeutics (NKTR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $217.72M | $273.03M | $90.19M | $71.93M | $159.04M | $71.48M | $81.19M | $148.92M | $200.71M | $230.78M | $165.44M | $307.71M | $1.19B | $114.62M | $152.91M | $101.91M | $92.06M | $90.12M | $98.43M | $55.23M |
| Revenue growth (YoY) | — | +25.4% | -67.0% | -20.2% | +121.1% | -55.1% | +13.6% | +83.4% | +34.8% | +15.0% | -28.3% | +86.0% | +287.8% | -90.4% | +33.4% | -33.4% | -9.7% | -2.1% | +9.2% | -43.9% |
| Cost of revenue | $118.09M | $147.52M | $35.04M | $30.95M | $25.67M | $21.89M | $30.43M | $38.51M | $28.53M | $34.10M | $30.21M | $30.55M | $24.41M | $21.37M | $19.48M | $24.90M | $21.64M | $36.64M | $30.69M | $0.00 |
| Gross profit | $99.63M | $125.51M | $55.15M | $40.98M | $133.37M | $49.59M | $50.76M | $110.41M | $172.17M | $196.68M | $135.22M | $277.16M | $1.17B | $93.24M | $133.44M | $77.01M | $70.42M | $53.48M | $67.74M | $55.23M |
| Gross margin | 45.8% | 46.0% | 61.1% | 57.0% | 83.9% | 69.4% | 62.5% | 74.1% | 85.8% | 85.2% | 81.7% | 90.1% | 98.0% | 81.4% | 87.3% | 75.6% | 76.5% | 59.3% | 68.8% | 100.0% |
| R&D | $149.38M | $153.57M | $154.42M | $95.11M | $108.06M | $126.77M | $148.68M | $190.01M | $147.73M | $182.79M | $203.80M | $268.46M | $399.54M | $434.57M | $408.68M | $400.27M | $218.32M | $114.16M | $120.91M | $117.33M |
| SG&A | $78.32M | $56.34M | $51.50M | $41.01M | $40.99M | $46.76M | $41.61M | $40.53M | $40.92M | $43.27M | $44.27M | $52.36M | $81.44M | $98.71M | $104.68M | $122.84M | $92.33M | $77.42M | $76.75M | $68.67M |
| Operating income | $-159.23M | $-36.15M | $-82.65M | $-95.13M | $-28.25M | $-123.94M | $-141.20M | $-120.13M | $-16.48M | $-29.37M | $-112.86M | $-59.64M | $687.93M | $-440.04M | $-379.92M | $-446.10M | $-240.24M | $-137.43M | $-105.20M | $-130.77M |
| Operating margin | -73.1% | -13.2% | -91.6% | -132.3% | -17.8% | -173.4% | -173.9% | -80.7% | -8.2% | -12.7% | -68.2% | -19.4% | 57.6% | -383.9% | -248.5% | -437.8% | -261.0% | -152.5% | -106.9% | -236.8% |
| EBITDA | $-125.72M | $-7.12M | $2.54M | $-75.72M | $-9.33M | $-107.79M | $-124.10M | $-106.01M | $-2.74M | $-29.37M | $-97.27M | $-42.52M | $734.30M | $-382.70M | $-394.33M | $-461.82M | $-323.87M | $-243.11M | $-86.70M | $-129.74M |
| EBITDA margin | -57.7% | -2.6% | 2.8% | -105.3% | -5.9% | -150.8% | -152.9% | -71.2% | -1.4% | -12.7% | -58.8% | -13.8% | 61.5% | -333.9% | -257.9% | -453.2% | -351.8% | -269.8% | -88.1% | -234.9% |
| EBIT | $-158.36M | $-35.27M | $-19.95M | $-90.60M | $-25.88M | $-122.74M | $-138.61M | $-120.28M | $-15.67M | $-42.23M | $-110.47M | $-55.12M | $725.50M | $-393.70M | $-406.83M | $-475.97M | $-336.07M | $-250.92M | $-91.09M | $-130.77M |
| Interest expense | $20.26M | $18.64M | $15.19M | $12.18M | $11.17M | $10.22M | $33.55M | $40.76M | $38.76M | $38.90M | $42.18M | $40.95M | $42.78M | $46.35M | $37.12M | $47.31M | $28.91M | $25.33M | $28.11M | $26.18M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% |
| Net income | $-154.76M | $-32.76M | $-34.34M | $-102.52M | $-37.94M | $-133.98M | $-171.85M | $-162.01M | $-53.92M | $-81.18M | $-153.52M | $-96.69M | $681.31M | $-440.67M | $-444.44M | $-523.84M | $-368.20M | $-276.06M | $-118.96M | $-164.08M |
| Net income growth (YoY) | — | +78.8% | -4.8% | -198.6% | +63.0% | -253.1% | -28.3% | +5.7% | +66.7% | -50.6% | -89.1% | +37.0% | +804.6% | -164.7% | -0.9% | -17.9% | +29.7% | +25.0% | +56.9% | -37.9% |
| Profit margin | -71.1% | -12.0% | -38.1% | -142.5% | -23.9% | -187.4% | -211.7% | -108.8% | -26.9% | -35.2% | -92.8% | -31.4% | 57.1% | -384.5% | -290.6% | -514.0% | -400.0% | -306.3% | -120.9% | -297.1% |