Nektar Therapeutics (NKTR) Cost of Revenue (2010 - 2026)
Nektar Therapeutics (NKTR) recorded quarterly Cost of Revenue of $7.7 million in Q1 2026, up 120.33% quarter-over-quarter from -$37.9 million in Q4 2025, and down 55.38% on a YoY basis from $17.3 million in Q1 2025.
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 -$30.2 million (down 175.37% YoY), while the FY2024 annual figure was $42.0 million, up 24.52% from the prior year.
- Cost of Revenue was $7.7 million for Q1 2026 at Nektar Therapeutics, up from -$37.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $17.3 million in Q1 2025 to a low of -$37.9 million in Q4 2025.
- Historically, Cost of Revenue has averaged $5.1 million across 5 years, with a median of $7.1 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue surged 150.02% in 2023, then sank 540.22% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $6.2 million in 2022, then grew by 16.85% to $7.3 million in 2023, then climbed by 18.15% to $8.6 million in 2024, then tumbled by 540.22% to -$37.9 million in 2025, then surged by 120.33% to $7.7 million in 2026.
- The last three Cost of Revenue figures came in at $7.7 million (Q1 2026), -$37.9 million (Q4 2025), and $17.3 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 64.20 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | 48,670.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 392.80 Mn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 2.05 Mn |
| 10 | Nektar Therapeutics | 1.51 Bn | 939.55 Mn | 3.16 Mn | 7.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.70 Mn |
| Mar 31, 2026 | 7.70 Mn |
| Dec 31, 2025 | -37.88 Mn |
| Dec 31, 2025 | -37.88 Mn |
| Mar 31, 2025 | 17.26 Mn |
| Mar 31, 2025 | 17.26 Mn |
| Dec 31, 2024 | 8.61 Mn |
| Dec 31, 2024 | 8.61 Mn |
| Sep 30, 2024 | 4.44 Mn |
| Sep 30, 2024 | 4.44 Mn |
| Jun 30, 2024 | 9.74 Mn |
| Jun 30, 2024 | 9.74 Mn |
| Mar 31, 2024 | 11.21 Mn |
| Mar 31, 2024 | 11.21 Mn |
| Dec 31, 2023 | 7.28 Mn |
| Dec 31, 2023 | 7.28 Mn |
| Sep 30, 2023 | 12.43 Mn |
| Sep 30, 2023 | 12.43 Mn |
| Jun 30, 2023 | 6.99 Mn |
| Jun 30, 2023 | 6.99 Mn |