Nektar Therapeutics (NKTR) FCF Margin (2010 - 2026)

Nektar Therapeutics' (NKTR) quarterly FCF Margin came in at 408.03% in Q1 2026, up 6095.0% year-on-year from 6.59% in Q1 2025, and down 36.94% quarter-over-quarter from 297.96% in Q4 2025.

Nektar Therapeutics (NKTR) FCF Margin (2010 - 2026) Analysis & Trends

Nektar Therapeutics' FCF Margin history runs 17 years deep, the most recent figure standing at 408.03% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 6095.0% year-over-year to 408.03% in Q1 2026; TTM through Mar 2026 was 366.59%, a 16236.0% decrease from a year earlier, with the FY2025 full-year figure at 377.83%, down 19782.0% from the prior year.
  • FCF Margin slipped to 408.03% in Q1 2026 per NKTR's latest filing, from 297.96% in the prior quarter.
  • Across five years, FCF Margin topped out at 159.88% in Q4 2024 and bottomed at 468.98% in Q1 2025.
  • The 5-year median for FCF Margin is 264.34% (2022), against an average of 290.26%.
  • Across the five-year window, FCF Margin soared 36517 bps in 2022 and sank 24832 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 264.34% in 2022, then climbed by 25 bps to 197.97% in 2023, then increased by 19 bps to 159.88% in 2024, then plunged by 86 bps to 297.96% in 2025, then tumbled by 37 bps to 408.03% in 2026.
  • Per Business Quant, the three latest NKTR FCF Margin figures stand at 408.03% (Q1 2026), 297.96% (Q4 2025), and 414.55% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 10.45%
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 43.35%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 23.53%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Nektar Therapeutics 2.04 Bn 1.48 Bn 3.16 Mn -408.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 -408.03%
Dec 31, 2025 -297.96%
Sep 30, 2025 -414.55%
Jun 30, 2025 -409.62%
Mar 31, 2025 -468.98%
Dec 31, 2024 -159.88%
Sep 30, 2024 -184.87%
Jun 30, 2024 -161.30%
Mar 31, 2024 -222.03%
Dec 31, 2023 -197.97%
Sep 30, 2023 -174.59%
Jun 30, 2023 -252.13%
Mar 31, 2023 -242.42%
Dec 31, 2022 -264.34%
Sep 30, 2022 -351.61%
Jun 30, 2022 -351.04%
Mar 31, 2022 -373.16%
Dec 31, 2021 -629.51%
Sep 30, 2021 -417.61%
Jun 30, 2021 -304.21%