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    Nektar Therapeutics

    NKTR

    Nektar Therapeutics reported a net loss of $164.1 million for FY 2025, driven by an operating loss of $140.1 million on total revenue of $55.2 million.

    NASDAQ
    Healthcare
    Biotechnology
    San Francisco, CA, US61 employeesnektar.com
    $77.01
    +1.30(1.7%)

    52W $7.36 – $76.99

    AI-generated

    Nektar Therapeutics reported a net loss of $164.1 million for FY 2025, driven by an operating loss of $140.1 million on total revenue of $55.2 million.

    Revenue breakdown: Non Cash Royalties (43.7%), Non Cash Royalty Revenue Related To Sale Of Future Royalties (43.7%), Product (12.3%).

    $1.6BMkt Cap
    $55MRev TTM
    -$164MNI TTM
    -9.2xP/E TTM

    Latest Earnings

    10-K
    FY FY2025Mar 12, 2026

    Nektar Therapeutics reported a net loss of $164.1 million for FY 2025, driven by an operating loss of $140.1 million on total revenue of $55.2 million. The company's revenue was primarily from license, collaboration, and other sources, with no product sales. Operating expenses totaled $195.3 million, dominated by research and development ($117.3 million) and general and administrative costs ($68.7 million)....

    Read full analysisView SEC Filing

    What Changed Recently

    Financial Results
    Mar 11, 2026

    Results of Operations and Financial Condition. On March 12, 2026, Nektar Therapeutics, a Delaware corporation (“Nektar”), issued a press release (the “Press Rel

    View filing →
    Material Agreement
    Feb 12, 2026

    Entry into a Material Definitive Agreement. On February 11, 2026, Nektar Therapeutics (the “Company”) entered into an underwriting agreement (the “Underwriting

    View filing →
    Regulation FD
    Feb 9, 2026

    of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed to be “filed” for the purposes

    View filing →
    View all recent events →
    Fundamentals

    How The Business Makes Money

    Revenue by Segment

    Non Cash Royalties43.7%($119M)
    Non Cash Royalty Revenue Related To Sale Of Future Royalties43.7%($119M)
    Product12.3%($34M)
    License Collaboration And Other Revenue0.3%($897.0K)

    Revenue by Geography

    Non Us99.1%($152M)
    US0.9%($1M)
    Analyst View

    Peer Companies

    CompanyPriceChangeMarket CapP/E
    ELVNEnliven Therapeutics, Inc...$38.72+2.45%$2.3B-16.8
    RLAYRelay Therapeutics, Inc.$12.56+16.67%$2.2B-6.1
    SNDXSyndax Pharmaceuticals, I...$25.08+5.04%$2.2B-7.3
    IMTXImmatics N.V.$10.36+3.45%$1.4B-5.5
    AMLXAmylyx Pharmaceuticals, I...$15.02+4.66%$1.2B-8.8
    XNCRXencor, Inc.$12.79+2.11%$938M-9.7
    INBXInhibrx Biosciences, Inc.$63.59-5.17%$929M-7.1
    ORICORIC Pharmaceuticals, Inc...$8.90+19.06%$893M-7.5
    Company Profile
    CIK0000906709
    ISINUS6402683063
    CUSIP640268306
    Phone415 482 5300
    Address455 Mission Bay Boulevard South, San Francisco, CA, 94158, US
    SEC EDGAR

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