Nektar Therapeutics (NKTR) EBITDA (2010 - 2026)
Nektar Therapeutics (NKTR) recorded quarterly EBITDA of -$39.1 million in Q1 2026, down 150.1% quarter-over-quarter from $78.0 million in Q4 2025, and up 23.28% on a YoY basis from -$31.7 million in Q1 2025.
Nektar Therapeutics (NKTR) EBITDA (2010 - 2026) Analysis & Trends
Nektar Therapeutics' EBITDA history runs 17 years deep, the most recent figure standing at -$39.1 million for Q1 2026.
- In Q1 2026, EBITDA rose 23.28% year-over-year to -$39.1 million; the TTM figure through Mar 2026 stood at -$34.4 million (up 72.1% YoY), while the FY2025 annual figure was -$34.5 million, up 67.22% from the prior year.
- EBITDA was -$39.1 million for Q1 2026 at Nektar Therapeutics, down from $78.0 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $78.0 million in Q4 2025 to a low of -$160.7 million in Q2 2022.
- Historically, EBITDA has averaged -$48.3 million across 5 years, with a median of -$44.9 million in 2023.
- The sharpest annual moves came in 2023 and 2025: EBITDA slumped 46.38% in 2023, then soared 443.3% in 2025.
- A 5-year view of EBITDA shows it stood at -$52.5 million in 2022, then jumped by 36.13% to -$33.5 million in 2023, then surged by 142.82% to $14.3 million in 2024, then jumped by 443.3% to $78.0 million in 2025, then tumbled by 150.1% to -$39.1 million in 2026.
- The last three EBITDA figures came in at -$39.1 million (Q1 2026), $78.0 million (Q4 2025), and -$31.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Nektar Therapeutics | 1.51 Bn | 939.55 Mn | 3.16 Mn | -39.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -39.05 Mn |
| Dec 31, 2025 | 77.95 Mn |
| Sep 30, 2025 | -31.67 Mn |
| Jun 30, 2025 | -41.65 Mn |
| Mar 31, 2025 | -50.90 Mn |
| Dec 31, 2024 | 14.35 Mn |
| Sep 30, 2024 | -34.35 Mn |
| Jun 30, 2024 | -52.45 Mn |
| Mar 31, 2024 | -37.29 Mn |
| Dec 31, 2023 | -33.51 Mn |
| Sep 30, 2023 | -44.86 Mn |
| Jun 30, 2023 | -51.89 Mn |
| Mar 31, 2023 | -135.79 Mn |
| Dec 31, 2022 | -52.47 Mn |
| Sep 30, 2022 | -54.30 Mn |
| Jun 30, 2022 | -160.73 Mn |
| Mar 31, 2022 | -92.77 Mn |
| Dec 31, 2021 | -112.91 Mn |
| Sep 30, 2021 | -113.60 Mn |
| Jun 30, 2021 | -125.80 Mn |