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

Nektar Therapeutics (NKTR) recorded quarterly Gross Margin of 29.09% in Q1 2026, down 89.37% quarter-over-quarter from 273.71% in Q4 2025, and up 9410.0% on a YoY basis from 0.31% in Q1 2025.

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

Nektar Therapeutics' Gross Margin history runs 17 years deep, the most recent figure standing at 29.09% for Q1 2026.

  • In Q1 2026, Gross Margin rose 9410.0% year-over-year to 29.09%; the TTM figure through Mar 2026 stood at 154.25% (up 10014.0% YoY), while the FY2025 annual figure was 100.0%, up 4272.0% from the prior year.
  • Gross Margin was 29.09% for Q1 2026 at Nektar Therapeutics, down from 273.71% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 273.71% in Q4 2025 to a low of 65.01% in Q1 2025.
  • Historically, Gross Margin has averaged 73.73% across 5 years, with a median of 70.51% in 2024.
  • Biggest YoY gain for Gross Margin was 20320 bps in 2025; the steepest drop was 11323 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 71.7% in 2022, then declined by 3 bps to 69.51% in 2023, then gained by 1 bps to 70.51% in 2024, then surged by 288 bps to 273.71% in 2025, then plunged by 89 bps to 29.09% in 2026.
  • The last three Gross Margin figures came in at 29.09% (Q1 2026), 273.71% (Q4 2025), and 100.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (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 79.04%
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 - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 86.85%
9 Abivax 91.96 Bn 91.96 Bn - -
10 Nektar Therapeutics 1.51 Bn 939.55 Mn 3.16 Mn 29.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.09%
Dec 31, 2025 273.71%
Sep 30, 2025 100.00%
Jun 30, 2025 100.00%
Mar 31, 2025 -65.01%
Dec 31, 2024 70.51%
Sep 30, 2024 81.62%
Jun 30, 2024 58.53%
Mar 31, 2024 48.22%
Dec 31, 2023 69.51%
Sep 30, 2023 48.51%
Jun 30, 2023 65.88%
Mar 31, 2023 67.31%
Dec 31, 2022 71.70%
Sep 30, 2022 78.95%
Jun 30, 2022 76.30%
Mar 31, 2022 78.59%
Dec 31, 2021 75.36%
Sep 30, 2021 78.69%
Jun 30, 2021 72.94%