Nektar Therapeutics (NKTR) Free Cash Flow (2010 - 2026)
Nektar Therapeutics' (NKTR) quarterly Free Cash Flow came in at -$44.3 million in Q1 2026, up 9.66% year-on-year from -$40.4 million in Q1 2025, and up 31.8% quarter-over-quarter from -$65.0 million in Q4 2025.
Nektar Therapeutics (NKTR) Free Cash Flow (2010 - 2026) Analysis & Trends
Nektar Therapeutics' Free Cash Flow history runs 17 years deep, the most recent figure standing at -$44.3 million for Q1 2026.
- On a quarterly basis, Free Cash Flow rose 9.66% year-over-year to -$44.3 million in Q1 2026; TTM through Mar 2026 was -$203.9 million, a 14.45% decrease from a year earlier, with the FY2025 full-year figure at -$208.7 million, down 17.78% from the prior year.
- Free Cash Flow improved to -$44.3 million in Q1 2026 per NKTR's latest filing, from -$65.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at -$37.9 million in Q2 2024 and bottomed at -$92.6 million in Q1 2022.
- The 5-year median for Free Cash Flow is -$48.9 million (2025), against an average of -$54.9 million.
- Across the five-year window, Free Cash Flow surged 63.02% in 2022 and plunged 39.3% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at -$58.2 million in 2022, then grew by 18.78% to -$47.3 million in 2023, then increased by 1.35% to -$46.6 million in 2024, then plunged by 39.3% to -$65.0 million in 2025, then surged by 31.8% to -$44.3 million in 2026.
- Per Business Quant, the three latest NKTR Free Cash Flow figures stand at -$44.3 million (Q1 2026), -$65.0 million (Q4 2025), and -$48.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -19.58 Mn |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 158.09 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -1.53 Mn |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 1.29 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 848.30 Mn |
| 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 | - | -354.95 Mn |
| 10 | Nektar Therapeutics | 2.04 Bn | 1.48 Bn | 3.16 Mn | -44.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -44.32 Mn |
| Mar 31, 2026 | -44.32 Mn |
| Dec 31, 2025 | -64.98 Mn |
| Dec 31, 2025 | -64.98 Mn |
| Sep 30, 2025 | -48.88 Mn |
| Sep 30, 2025 | -48.88 Mn |
| Jun 30, 2025 | -45.78 Mn |
| Jun 30, 2025 | -45.78 Mn |
| Mar 31, 2025 | -49.06 Mn |
| Mar 31, 2025 | -49.06 Mn |
| Dec 31, 2024 | -46.65 Mn |
| Dec 31, 2024 | -46.65 Mn |
| Sep 30, 2024 | -44.60 Mn |
| Sep 30, 2024 | -44.60 Mn |
| Jun 30, 2024 | -37.89 Mn |
| Jun 30, 2024 | -37.89 Mn |
| Mar 31, 2024 | -48.05 Mn |
| Mar 31, 2024 | -48.05 Mn |
| Dec 31, 2023 | -47.28 Mn |
| Dec 31, 2023 | -47.28 Mn |