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Nektar Therapeutics NKTR Total costs & expenses

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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
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:CostsAndExpenses.

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,Three Months Ended March 31,Three Months Ended March 31,
Research and development (including $1,708 and $208 for the three months ended March 31, 2026 and 2025, respectively, from a related party)35,68030,480
General and administrative13,43924,346
Restructuring and impairment796169
Total operating costs and expenses49,91554,995
Loss from operations(39,054)(44,535)
Non-operating income (expense):
Non-cash interest expense on liabilities related to the sales of future royalties(7,942)(4,974)
Interest income4,2422,874

Item 1. Condensed Consolidated Financial Statements—Unaudited:

FAQ

What is Nektar Therapeutics's total costs & expenses?
Nektar Therapeutics (NKTR) reported total costs & expenses of $49.92M in Q1 2026.
How has Nektar Therapeutics's total costs & expenses changed year-over-year?
Nektar Therapeutics's total costs & expenses decreased by 9.2% year-over-year, from $55M to $49.92M.
What is the long-term trend for Nektar Therapeutics's total costs & expenses?
Over 4 years (2021 to 2025), Nektar Therapeutics's total costs & expenses has grown at a -22.7% compound annual growth rate (CAGR), from $548.01M to $195.33M.
What does total costs & expenses mean?
This metric aggregates all operating costs, including research and development, selling, general, and administrative expenses, and other production-related outlays. It provides a comprehensive view of the total capital required to sustain the company's current business activities and pipeline development. Monitoring this figure helps assess the company's overall cost structure and operational efficiency relative to its revenue generation.

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