Nektar Therapeutics (NKTR) Cost of Revenue (2010 - 2026)

Nektar Therapeutics' (NKTR) quarterly Cost of Revenue came in at $7.7 million in Q1 2026, down 55.38% year-on-year from $17.3 million in Q1 2025, and down 25.2% quarter-over-quarter from $10.3 million in Q3 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.

  • On a quarterly basis, Cost of Revenue fell 55.38% year-over-year to $7.7 million in Q1 2026; TTM through Mar 2026 was $18.0 million, a 69.41% decrease from a year earlier, with the FY2024 full-year figure at $42.0 million, up 13.49% from the prior year.
  • Cost of Revenue declined to $7.7 million in Q1 2026 per NKTR's latest filing, from $10.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $19.3 million in Q4 2024 and bottomed 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.
  • Across the five-year window, Cost of Revenue jumped 150.02% in 2023 and slumped 55.38% in 2026, its largest moves.
  • Year by year, Cost of Revenue stood at $6.2 million in 2022, then soared by 69.47% to $10.6 million in 2023, then jumped by 83.07% to $19.3 million in 2024, then slumped by 46.75% to $10.3 million in 2025, then retreated by 25.2% to $7.7 million in 2026.
  • Per Business Quant, the three latest NKTR Cost of Revenue figures stand at $7.7 million (Q1 2026), $10.3 million (Q3 2025), and $17.3 million (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Oculis Holding AG 66,621.14 Bn 66,620.85 Bn - -
2 Nanobiotix 1,915.18 Bn 1,915.11 Bn - -
3 Akari Therapeutics 1,014.18 Bn 1,014.18 Bn - -
4 BeOne Medicines 471.27 Bn 466.48 Bn 1.35 Bn 167.22 Mn
5 Vertex Pharmaceuticals 121.81 Bn 114.57 Bn 2.59 Bn 392.80 Mn
6 Regeneron Pharmaceuticals 69.58 Bn 60.82 Bn 3.31 Bn 296.00 Mn
7 Belite Bio 62.72 Bn 62.72 Bn - -
8 Argenx Se 55.51 Bn 50.33 Bn 1.41 Bn 145.00 Mn
9 Revolution Medicines 37.35 Bn 37.35 Bn - -
10 Nektar Therapeutics 1.75 Bn 1.18 Bn 3.16 Mn 7.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.70 Mn
Mar 31, 2026 7.70 Mn
Sep 30, 2025 10.30 Mn
Sep 30, 2025 10.30 Mn
Mar 31, 2025 17.26 Mn
Mar 31, 2025 17.26 Mn
Dec 31, 2024 19.34 Mn
Dec 31, 2024 19.34 Mn
Sep 30, 2024 11.01 Mn
Sep 30, 2024 11.01 Mn
Jun 30, 2024 11.22 Mn
Jun 30, 2024 11.22 Mn
Mar 31, 2024 11.21 Mn
Mar 31, 2024 11.21 Mn
Dec 31, 2023 10.56 Mn
Dec 31, 2023 10.56 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