NEKTAR THERAPEUTICS

NEKTAR THERAPEUTICSNKTREarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

Nektar Therapeutics is an American biopharmaceutical company. The company was founded in 1990 and is based in San Francisco, California. The company develops new drug candidates by applying its proprietary PEGylation and advanced polymer conjugate technologies to modify chemical structure of substances, which improves drug characteristics like retention and solubility. It is a technology supplier to a number of pharmaceutical companies including Affymax, Amgen, Merck, Pfizer and UCB Pharma, e...

NKTR Q4 FY2025 Key Financial Metrics

Revenue

$21.8M

Gross Profit

N/A

Operating Profit

$-27.7M

Net Profit

$-36.1M

Gross Margin

N/A

Operating Margin

-126.9%

Net Margin

-165.4%

YoY Growth

-25.3%

EPS

$-4.67

NEKTAR THERAPEUTICS Q4 FY2025 Financial Summary

NEKTAR THERAPEUTICS reported revenue of $21.8M (down 25.3% YoY) for Q4 FY2025, with a net profit of $-36.1M (down 596.9% YoY) (-165.4% margin).

Key Financial Metrics

Total Revenue$21.8M
Net Profit$-36.1M
Gross MarginN/A
Operating Margin-126.9%
Report PeriodQ4 FY2025

NEKTAR THERAPEUTICS Annual Revenue by Year

NEKTAR THERAPEUTICS annual revenue history includes year-by-year totals (for example, 2025 revenue was $55.2M).

YearAnnual Revenue
2025$55.2Mvs 2024
2024$98.4Mvs 2023
2023$90.1Mvs 2022
2022$92.1M

NEKTAR THERAPEUTICS Quarterly Revenue & Net Profit History

NEKTAR THERAPEUTICS results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$21.8M-25.3%$-36.1M-165.4%
Q3 FY2025$11.8M-51.1%$-35.5M-301.3%
Q2 FY2025$11.2M-52.4%$-41.6M-372.2%
Q1 FY2025$10.5M-51.7%$-50.9M-486.4%
Q4 FY2024$29.2M+22.1%$7.3M24.9%
Q3 FY2024$24.1M-0.1%$-37.1M-153.6%
Q2 FY2024$23.5M+14.6%$-52.4M-222.9%
Q1 FY2024$21.6M+0.2%$-36.8M-170.1%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$21.6M$23.5M$24.1M$29.2M$10.5M$11.2M$11.8M$21.8M
YoY Growth0.2%14.6%-0.1%22.1%-51.7%-52.4%-51.1%-25.3%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$396.0M$343.3M$308.0M$303.9M$256.2M$207.5M$301.3M$280.4M
Liabilities$269.3M$263.6M$259.1M$243.1M$242.5M$231.7M$216.3M$190.6M
Equity$126.7M$79.7M$48.9M$60.7M$13.7M$-24.2M$85.1M$89.8M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-47.9M$-37.7M$-43.9M$-46.2M$-49.1M$-45.7M$-48.8M$-65.0M