Nektar Therapeutics (NKTR) Cost of Revenue (2010 - 2026)
Nektar Therapeutics (NKTR) posted quarterly Cost of Revenue of $7.7 million for Q1 2026, down 55.38% year-over-year from $17.3 million in Q1 2025, and down 25.2% quarter-over-quarter from $10.3 million in Q3 2025.
Analysis
Nektar Therapeutics (NKTR) Cost of Revenue (2010 - 2026) Analysis & Trends
Nektar Therapeutics' Cost of Revenue history runs 17 years deep, the most recent figure standing at $7.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 55.38% year-over-year to $7.7 million; the TTM figure through Mar 2026 stood at $18.0 million (down 69.41% YoY), while the FY2024 annual figure was $42.0 million, up 13.49% from the prior year.
- Cost of Revenue for Q1 2026 stood at $7.7 million, down from $10.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $19.3 million in Q4 2024, with the low at $5.0 million in Q3 2022.
- The 5-year median for Cost of Revenue is $10.3 million (2025), against an average of $9.8 million.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue jumped 150.02% in 2023, then sank 55.38% in 2026.
- Nektar Therapeutics' Cost of Revenue stood at $6.2 million in 2022, then surged by 69.47% to $10.6 million in 2023, then soared by 83.07% to $19.3 million in 2024, then tumbled by 46.75% to $10.3 million in 2025, then fell by 25.2% to $7.7 million in 2026.
- Business Quant data shows NKTR's Cost of Revenue at $7.7 million in Q1 2026, $10.3 million in Q3 2025, and $17.3 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.26 Bn | 131.41 Bn | 2.84 Bn | 489.20 Mn |
| 2 | Regeneron Pharmaceuticals | 85.64 Bn | 77.64 Bn | 3.93 Bn | 360.70 Mn |
| 3 | Argenx Se | 63.46 Bn | 58.27 Bn | 1.37 Bn | 145.00 Mn |
| 4 | Moderna | 57.83 Bn | 52.69 Bn | 52.00 Mn | 93.00 Mn |
| 5 | Revolution Medicines | 44.08 Bn | 44.08 Bn | - | - |
| 6 | BeOne Medicines | 39.94 Bn | 34.84 Bn | 1.53 Bn | 174.53 Mn |
| 7 | Alnylam Pharmaceuticals | 35.19 Bn | 31.88 Bn | 992.69 Mn | 298.26 Mn |
| 8 | Royalty Pharma | 28.42 Bn | 27.58 Bn | - | - |
| 9 | Insmed | 27.35 Bn | 26.19 Bn | 358.27 Mn | 67.21 Mn |
| 10 | Nektar Therapeutics | 2.45 Bn | 1.76 Bn | 3.04 Mn | 7.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.10 Mn |
| Mar 31, 2026 | 7.70 Mn |
| Dec 31, 2025 | 6.85 Mn |
| Sep 30, 2025 | 10.30 Mn |
| Jun 30, 2025 | 10.32 Mn |
| Mar 31, 2025 | 17.26 Mn |
| Dec 31, 2024 | 8.61 Mn |
| Sep 30, 2024 | 11.01 Mn |
| Jun 30, 2024 | 11.22 Mn |
| Mar 31, 2024 | 11.21 Mn |
| Dec 31, 2023 | 10.56 Mn |
| Sep 30, 2023 | 12.43 Mn |
| Jun 30, 2023 | 6.99 Mn |
| Mar 31, 2023 | 7.06 Mn |
| Dec 31, 2022 | 6.23 Mn |
| Sep 30, 2022 | 4.97 Mn |
| Jun 30, 2022 | 5.12 Mn |
| Mar 31, 2022 | 5.32 Mn |
| Dec 31, 2021 | 6.16 Mn |
| Sep 30, 2021 | 5.31 Mn |