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
DateValue
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