Nektar Therapeutics

Nektar Therapeutics

NKTR
Nektar TherapeuticsUS flagNASDAQ Global Select
59.38
USD
+0.17
- -
1.16BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.3
23.73
26.13
17.78
29.6
105.54
9.82
12.84
8.34
7.38
7.11
7.18
3.27
2.85
Basic EPS, GAAP
-21
-6.37
-9.19
-16.5
-9.3
60.26
-37.77
-37.33
-42.87
-29.51
-21.79
-8.68
-9.73
-8.1
Free Cash Flow per Basic Share
-5.52
-17.97
-9.54
-13.26
-8.67
62.26
-30.43
-26.92
-35
-24.82
-15.27
-12.92
-12.37
-10.45
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-224.53
-211.19
-211.48
-217.16
-203.71
-125.95
-159.84
-193.96
-231.83
-256.59
-274.52
-262.29
-222.89
-194.97
Tangible Book Value per Share
-21.57
-4.75
-7.94
1.25
1.09
145.14
113.91
84.06
49.35
23.26
10.34
4.43
5.32
29.52
Basic Weighted Avg Shares
8
8
9
9
10
11
12
12
12
12
13
14
17
20
Sales/Revenue/Turnover
149
201
231
165
308
1,193
115
153
102
92
90
98
55
56
Operating Margin (%)
-80.67
-8.21
-12.73
-68.22
-14.19
57.65
-383.92
-248.45
-437.76
-260.97
-150.05
-131.99
-236.77
-224.08
Depreciation Expense
14
13
13
15
15
11
13
14
14
13
8
4
1
1
Net Income, GAAP
-162
-54
-81
-154
-97
681
-441
-444
-524
-368
-276
-119
-164
-158
Effective Tax Rate (%)
- -
- -
- -
- -
- -
0.21
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-108.79
-26.86
-35.17
-92.8
-31.42
57.09
-384.47
-290.65
-514.03
-399.98
-306.31
-120.86
-297.07
-284.18
Working Capital
160
224
289
354
271
1,356
1,068
1,022
710
478
279
200
213
531
LT Debt
133
129
243
243
245
247
143
136
126
113
99
83
65
61
Total Equity
-90
36
6
88
88
1,718
1,405
1,077
680
367
131
61
90
576
Return on Invested Capital (%)
- -
- -
- -
- -
- -
59.76
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-47.48
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
22
20
23
LT Borrowings
- -
- -
- -
LT Finance Leases
70
65
61
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
29
Market Capitalization
869
712
1,404

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
281
266
589
Cash, Cash Equivalents & STI
270
246
569
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
66
54
58
Payables & Accruals
36
30
30
ST Debt
22
20
23
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
293.15%
-30.59%
47.9%
Free Cash Flow
-104.44%
-4.47%
17.78%
Net Income, GAAP
-97.22%
-11.17%
37.92%
Sales/Revenue/Turnover
20.87%
-15.96%
-43.89%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
23
24
29
98
2025
10
11
12
22
55
2026
11
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.83
-3.76
-2.66
0.52
-8.68
2025
-3.62
-2.95
-1.87
-1.78
-9.73
2026
-1.82
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Howard W. Robin
Full Time Employees
61
Sector
Healthcare
Industry
Biotechnology
Address
455 Mission Bay Boulevard South San Francisco CA United States of America 94158
IPO Date
May 3, 1994
Website
nektar.com
Business
Nektar Therapeutics (Nasdaq: NKTR), a biopharmaceutical company, discovers, develops and commercializes therapies that selectively modulate the immune system to treat autoimmune disorders, inflammatory conditions and cancer; its lead product candidate, rezpegaldesleukin (REZPEG), is a regulatory T cell stimulator in Phase 2b clinical development for atopic dermatitis, alopecia areata and new-onset Type 1 diabetes, with FDA Fast Track designation granted for severe-to-very-severe alopecia areata in 2025; the company's immuno-oncology pipeline features NKTR-255, an engineered IL-15 receptor agonist evaluated in ongoing trials in combination with checkpoint inhibitors, TIL therapy and CAR-T therapies for solid tumors and hematological malignancies; preclinical programs include NKTR-0165, a TNFR2 agonist antibody for multiple sclerosis, vitiligo and ulcerative colitis with a planned first-in-human study in 2026, NKTR-0166, a TNFR2 bispecific antibody for rheumatic diseases, and NKTR-422, a CSF1R agonist for inflammation resolution. Founded in 1990 and headquartered in San Francisco, California, Nektar Therapeutics operates primarily in the United States with global clinical trial activities and partnerships extending internationally; the company leverages proprietary polymer conjugate technologies and immunology expertise to enhance drug pharmacokinetics, efficacy and patient convenience across autoimmune, inflammatory and oncology segments, targeting patients with unmet needs in immune-mediated diseases. Recent developments include completion of enrollment in the REZOLVE-AA Phase 2b trial for rezpegaldesleukin in alopecia areata and REZOLVE-AD trial data presentations at EADV and ACAAI 2025 meetings demonstrating statistical significance in endpoints for atopic dermatitis; in early 2025, Nektar initiated a Phase 2 trial agreement with TrialNet for rezpegaldesleukin in Type 1 diabetes and advanced IND-enabling studies for NKTR-0165 and NKTR-0166; the company completed a $115 million public offering and ATM proceeds to bolster its balance sheet, while selling royalties on CIMZIA and MIRCERA to Royalty Pharma in a non-dilutive transaction, and Ampersand Capital Partners acquired its PEGylation reagent manufacturing business in late 2024.

Company News

MCPAPIChat
  • Nektar Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Nektar Therapeutics to Participate in the 2026 Jefferies Global Healthcare Conference in New York

  • Patient Square Makes a Big Bet on Nektar Pharmaceuticals (NKTR) Purchasing 210,000 Shares

  • Nektar Therapeutics Q1 Earnings Call Highlights

  • Nektar Q1 Earnings & Revenues Lag Estimates, Pipeline in Focus

  • Nektar Therapeutics (NKTR) Q1 2026 Earnings Call Transcript

  • Nektar Therapeutics Reports First Quarter 2026 Financial Results

  • Pomerantz Law Firm Announces the Filing of a Class Action Against Nektar Therapeutics and Certain Officers - NKTR

  • NEKTAR DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages Nektar Therapeutics Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action - NKTR

  • Pomerantz Law Firm Announces the Filing of a Class Action Against Nektar Therapeutics and Certain Officers – NKTR

  • Deadline Alert: Nektar Therapeutics (NKTR) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

  • Bronstein, Gewirtz & Grossman LLC Urges Nektar Therapeutics Investors to Act: Class Action Filed Alleging Investor Harm

  • Bronstein, Gewirtz & Grossman LLC Urges Nektar Therapeutics Investors to Act: Class Action Filed Alleging Investor Harm

  • Nektar Therapeutics: This Stock Went Up 10x In The Last Year And It's Still Cheap

  • NKTR UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Nektar Therapeutics (NKTR) Investors of Securities Class Action Deadline on May 5, 2026

  • Portnoy Law Firm Announces Class Action on Behalf of Nektar Therapeutics, Inc. Investors

  • The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 5, 2026 in Nektar Therapeutics Lawsuit - NKTR

  • NKTR Deadline: NKTR Investors Have Opportunity to Lead Nektar Therapeutics Securities Fraud Lawsuit

  • NKTR DEADLINE NOTICE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Nektar Therapeutics Investors to Secure Counsel Before Important May 5 Deadline in Securities Class Action - NKTR

  • NKTR Investor Alert: Nektar Therapeutics Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Misrepresenting Enrollment Protocol Compliance: Levi & Korsinsky