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Nektar Therapeutics NKTR Stock-Based Comp

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Segments

By segment

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All Other Segments$3.36M-13.9%

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
Debt / equity0.1×-7.2×
Current ratio10.2×+7.0×

Where this comes from

Reported directly by Nektar Therapeutics in its filing.

Tagged under the XBRL concept us-gaap:AllocatedShareBasedCompensationExpense.

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

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-212596
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Non-cash royalty revenue related to the sales of future royalties(10,861)(10,460)
Non-cash interest expense on liabilities related to the sales of future royalties7,9424,974
Loss from equity method investment1,7504,461
Stock-based compensation3,3553,898
Depreciation and amortization151426
Amortization of premiums (discounts), net(1,663)(1,324)
Changes in operating assets and liabilities:
Operating leases, net(2,409)(1,813)

Item 1. Condensed Consolidated Financial Statements—Unaudited:

FAQ

What is Nektar Therapeutics's stock-based comp?
Nektar Therapeutics (NKTR) reported stock-based comp of $3.36M in Q1 2026.
How has Nektar Therapeutics's stock-based comp changed year-over-year?
Nektar Therapeutics's stock-based comp decreased by 13.9% year-over-year, from $3.9M to $3.36M.
What is the long-term trend for Nektar Therapeutics's stock-based comp?
Over 4 years (2021 to 2025), Nektar Therapeutics's stock-based comp has grown at a -39.5% compound annual growth rate (CAGR), from $94.67M to $12.65M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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