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Other financials

Income statement

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Revenue$10.1M-9.3%
Gross profit$21.8M+2.9%
Operating income-$42.3M-16.9%
Net income-$40.6M+2.3%
EPS (diluted)-$1.23+58.3%

Balance sheet

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Cash & equivalents$3.4M-46.3%
Total debt$78.6M-18.3%
Total equity$903.1M+3,830%
Total assets$1.1B+428%

Cash flow

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Operating cash flow-$75.8M-65.7%
CapEx$94.0K+154%

Valuation

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Market cap$1.6B+39.4%
Enterprise value$1.68B+36.4%
P/S29.4×+11.0×

Profitability

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Gross margin100%+31.2pp
Operating margin-257.8%—
Net margin-287.8%+572pp
FCF margin-428.7%+1,139pp

Returns & leverage

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Return on equity-53.6%-22.6pp
Debt / equity0.1×—
Current ratio10.4×+7.8×

Where this comes from

Calculated from Nektar Therapeutics’s reported figures.

The source filing: Nektar Therapeutics’s 10-Q, filed August 14, 2026. Open the filing →

Filed
Aug 13, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-349805

FAQ

What is Nektar Therapeutics's free cash flow?
Nektar Therapeutics (NKTR) reported free cash flow of -$75.86M in Q2 2026.
How has Nektar Therapeutics's free cash flow changed year-over-year?
Nektar Therapeutics's free cash flow decreased by 65.7% year-over-year, from -$45.78M to -$75.86M.
What is the long-term trend for Nektar Therapeutics's free cash flow?
Over 4 years (2021 to 2025), Nektar Therapeutics's free cash flow has grown at a -16.4% compound annual growth rate (CAGR), from -$427.65M to -$208.68M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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