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Side-by-side financial comparison of INTEST CORP (INTT) and NEKTAR THERAPEUTICS (NKTR). Click either name above to swap in a different company.

INTEST CORP is the larger business by last-quarter revenue ($32.8M vs $21.8M, roughly 1.5× NEKTAR THERAPEUTICS). INTEST CORP runs the higher net margin — 3.8% vs -165.4%, a 169.2% gap on every dollar of revenue. On growth, INTEST CORP posted the faster year-over-year revenue change (-10.3% vs -25.3%). INTEST CORP produced more free cash flow last quarter ($-1.6M vs $-65.0M). Over the past eight quarters, INTEST CORP's revenue compounded faster (4.9% CAGR vs 0.4%).

INTTEST Corp designs, manufactures and distributes precision test and process control solutions for the global semiconductor manufacturing ecosystem. Its offerings include thermal management systems, test interface hardware, and wafer handling tools, serving semiconductor fabs, chip design firms, and automotive and industrial electronics end segments.

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...

INTT vs NKTR — Head-to-Head

Bigger by revenue
INTT
INTT
1.5× larger
INTT
$32.8M
$21.8M
NKTR
Growing faster (revenue YoY)
INTT
INTT
+14.9% gap
INTT
-10.3%
-25.3%
NKTR
Higher net margin
INTT
INTT
169.2% more per $
INTT
3.8%
-165.4%
NKTR
More free cash flow
INTT
INTT
$63.4M more FCF
INTT
$-1.6M
$-65.0M
NKTR
Faster 2-yr revenue CAGR
INTT
INTT
Annualised
INTT
4.9%
0.4%
NKTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INTT
INTT
NKTR
NKTR
Revenue
$32.8M
$21.8M
Net Profit
$1.2M
$-36.1M
Gross Margin
45.4%
Operating Margin
3.9%
-126.9%
Net Margin
3.8%
-165.4%
Revenue YoY
-10.3%
-25.3%
Net Profit YoY
-17.4%
-596.9%
EPS (diluted)
$0.10
$-4.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INTT
INTT
NKTR
NKTR
Q4 25
$32.8M
$21.8M
Q3 25
$26.2M
$11.8M
Q2 25
$28.1M
$11.2M
Q1 25
$26.6M
$10.5M
Q4 24
$36.6M
$29.2M
Q3 24
$30.3M
$24.1M
Q2 24
$34.0M
$23.5M
Q1 24
$29.8M
$21.6M
Net Profit
INTT
INTT
NKTR
NKTR
Q4 25
$1.2M
$-36.1M
Q3 25
$-938.0K
$-35.5M
Q2 25
$-503.0K
$-41.6M
Q1 25
$-2.3M
$-50.9M
Q4 24
$1.5M
$7.3M
Q3 24
$495.0K
$-37.1M
Q2 24
$230.0K
$-52.4M
Q1 24
$662.0K
$-36.8M
Gross Margin
INTT
INTT
NKTR
NKTR
Q4 25
45.4%
Q3 25
41.9%
Q2 25
42.6%
Q1 25
41.5%
Q4 24
39.7%
72.7%
Q3 24
46.3%
81.6%
Q2 24
40.6%
58.5%
Q1 24
43.8%
60.6%
Operating Margin
INTT
INTT
NKTR
NKTR
Q4 25
3.9%
-126.9%
Q3 25
-4.5%
-268.6%
Q2 25
-3.3%
-324.2%
Q1 25
-10.8%
-425.8%
Q4 24
5.7%
49.2%
Q3 24
1.6%
-142.4%
Q2 24
1.0%
-211.9%
Q1 24
1.6%
-163.7%
Net Margin
INTT
INTT
NKTR
NKTR
Q4 25
3.8%
-165.4%
Q3 25
-3.6%
-301.3%
Q2 25
-1.8%
-372.2%
Q1 25
-8.7%
-486.4%
Q4 24
4.1%
24.9%
Q3 24
1.6%
-153.6%
Q2 24
0.7%
-222.9%
Q1 24
2.2%
-170.1%
EPS (diluted)
INTT
INTT
NKTR
NKTR
Q4 25
$0.10
$-4.67
Q3 25
$-0.08
$-1.87
Q2 25
$-0.04
$-2.95
Q1 25
$-0.19
$-0.24
Q4 24
$0.13
$-2.07
Q3 24
$0.04
$-2.66
Q2 24
$0.02
$-3.76
Q1 24
$0.05
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INTT
INTT
NKTR
NKTR
Cash + ST InvestmentsLiquidity on hand
$14.2M
$15.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$103.6M
$89.8M
Total Assets
$151.3M
$280.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INTT
INTT
NKTR
NKTR
Q4 25
$14.2M
$15.1M
Q3 25
$16.2M
$41.0M
Q2 25
$19.2M
$43.0M
Q1 25
$22.0M
$38.9M
Q4 24
$19.8M
$44.3M
Q3 24
$18.0M
$30.1M
Q2 24
$20.4M
$27.9M
Q1 24
$27.3M
$48.6M
Total Debt
INTT
INTT
NKTR
NKTR
Q4 25
Q3 25
$4.9M
Q2 25
$5.9M
Q1 25
$6.9M
Q4 24
$7.9M
Q3 24
$9.0M
Q2 24
$10.0M
Q1 24
$11.0M
Stockholders' Equity
INTT
INTT
NKTR
NKTR
Q4 25
$103.6M
$89.8M
Q3 25
$101.9M
$85.1M
Q2 25
$102.6M
$-24.2M
Q1 25
$99.4M
$13.7M
Q4 24
$99.8M
$60.7M
Q3 24
$100.4M
$48.9M
Q2 24
$99.5M
$79.7M
Q1 24
$99.3M
$126.7M
Total Assets
INTT
INTT
NKTR
NKTR
Q4 25
$151.3M
$280.4M
Q3 25
$148.3M
$301.3M
Q2 25
$149.7M
$207.5M
Q1 25
$148.0M
$256.2M
Q4 24
$152.3M
$303.9M
Q3 24
$158.4M
$308.0M
Q2 24
$160.6M
$343.3M
Q1 24
$159.5M
$396.0M
Debt / Equity
INTT
INTT
NKTR
NKTR
Q4 25
Q3 25
0.05×
Q2 25
0.06×
Q1 25
0.07×
Q4 24
0.08×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INTT
INTT
NKTR
NKTR
Operating Cash FlowLast quarter
$-1.0M
$-65.0M
Free Cash FlowOCF − Capex
$-1.6M
$-65.0M
FCF MarginFCF / Revenue
-4.7%
-298.0%
Capex IntensityCapex / Revenue
1.6%
0.1%
Cash ConversionOCF / Net Profit
-0.82×
TTM Free Cash FlowTrailing 4 quarters
$5.7M
$-208.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INTT
INTT
NKTR
NKTR
Q4 25
$-1.0M
$-65.0M
Q3 25
$3.5M
$-48.8M
Q2 25
$-688.0K
$-45.7M
Q1 25
$5.5M
$-49.1M
Q4 24
$2.6M
$-46.2M
Q3 24
$4.2M
$-43.9M
Q2 24
$-5.1M
$-37.7M
Q1 24
$2.1M
$-47.9M
Free Cash Flow
INTT
INTT
NKTR
NKTR
Q4 25
$-1.6M
$-65.0M
Q3 25
$3.1M
$-48.9M
Q2 25
$-1.1M
$-45.8M
Q1 25
$5.3M
$-49.1M
Q4 24
$2.4M
$-46.6M
Q3 24
$3.7M
$-44.6M
Q2 24
$-5.4M
$-37.9M
Q1 24
$1.7M
$-48.0M
FCF Margin
INTT
INTT
NKTR
NKTR
Q4 25
-4.7%
-298.0%
Q3 25
11.8%
-414.5%
Q2 25
-4.1%
-409.6%
Q1 25
19.9%
-469.0%
Q4 24
6.6%
-159.9%
Q3 24
12.4%
-184.9%
Q2 24
-15.9%
-161.3%
Q1 24
5.8%
-222.0%
Capex Intensity
INTT
INTT
NKTR
NKTR
Q4 25
1.6%
0.1%
Q3 25
1.6%
1.0%
Q2 25
1.6%
0.3%
Q1 25
0.9%
0.0%
Q4 24
0.4%
1.6%
Q3 24
1.7%
2.8%
Q2 24
0.9%
0.8%
Q1 24
1.1%
0.7%
Cash Conversion
INTT
INTT
NKTR
NKTR
Q4 25
-0.82×
Q3 25
Q2 25
Q1 25
Q4 24
1.72×
-6.36×
Q3 24
8.58×
Q2 24
-22.13×
Q1 24
3.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

INTT
INTT

Environmental Technologies$8.3M25%
Semiconductor Market$6.9M21%
Thermal Testing Products$6.4M19%
Service And Other Products$4.8M15%
Oem Integrators And Distributor$3.5M11%
Semiconductor Production Test Products$3.0M9%

NKTR
NKTR

Segment breakdown not available.

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