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Other financials

Income statement

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Revenue$10.9M+3.8%
Gross profit$21.8M+2.9%
Operating income-$39.1M+12.3%
Net income-$44.9M+11.7%
EPS (diluted)-$1.82+49.7%

Balance sheet

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Cash & equivalents$5.7M-20.0%
Total debt$83.2M-17.1%
Total equity$576.2M+4,094%
Total assets$763.3M+198%

Cash flow

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Operating cash flow-$44.3M+9.7%
CapEx$18.0K+800%
Free cash flow-$44.3M+9.7%

Valuation

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Market cap$2.48B+539%
Enterprise value$2.56B+435%
P/S44.6×+39.4×

Profitability

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Gross margin100%+31.2pp
Operating margin-242%
Net margin-284.2%+937pp
FCF margin-366.6%+1,421pp

Returns & leverage

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Return on equity-53.6%-22.6pp
Current ratio10.2×+7.0×

Where this comes from

Calculated from Nektar Therapeutics’s reported figures.

Based on the most recent quarter.

The source filing: Nektar Therapeutics’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-212596

FAQ

What is Nektar Therapeutics's debt-to-equity?
Nektar Therapeutics (NKTR) reported debt-to-equity of 0.1× in Q1 2026.
How has Nektar Therapeutics's debt-to-equity changed year-over-year?
Nektar Therapeutics's debt-to-equity decreased by 98.0% year-over-year, from 7.3× to 0.1×.
What is the long-term trend for Nektar Therapeutics's debt-to-equity?
Over 5 years (2020 to 2025), Nektar Therapeutics's debt-to-equity has grown at a 46.9% compound annual growth rate (CAGR), from 0.1× to 1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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