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| Date | Value |
|---|---|
| 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% |