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Nektar Therapeutics NKTR Total Cost of Revenue

Discontinued — last reported Q4 '25

Total Cost of Revenue at other companies

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CTO
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$328.88K

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:CostOfGoodsAndServicesSold.

The source filing: Nektar Therapeutics’s 10-K, filed March 13, 2026.

Filed
Mar 13, 2026, 12:00 AM EDT
Fiscal year
FY2025
Accession
0001193125-26-104547
Line itemYear Ended December 31,Year Ended December 31,Year Ended December 31,
License, collaboration and other revenue300597
Total revenue55,23298,427
Operating costs and expenses:
Cost of goods sold30,686
Research and development (including $2,636 and $277 for the year ended December 31, 2025 and 2024, respectively, from a related party)117,330120,908
General and administrative68,67376,751
Restructuring and impairment9,33115,670
Gain on sale of the Huntsville manufacturing facility(40,390)

Item 8. Financial Statements and Supplementary Data

FAQ

What is Nektar Therapeutics's total cost of revenue?
Nektar Therapeutics (NKTR) reported total cost of revenue of $0 in Q4 2025.
How has Nektar Therapeutics's total cost of revenue changed year-over-year?
Nektar Therapeutics's total cost of revenue decreased by 100.0% year-over-year, from $7.98M to $0.
What is the long-term trend for Nektar Therapeutics's total cost of revenue?
Over 4 years (2021 to 2025), Nektar Therapeutics's total cost of revenue has grown at a -100.0% compound annual growth rate (CAGR), from $24.9M to $0.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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