Nektar Therapeutics (NKTR) Operating Income (2010 - 2026)

Nektar Therapeutics (NKTR) recorded quarterly Operating Income of -$39.1 million in Q1 2026, down 150.1% quarter-over-quarter from $78.0 million in Q4 2025, and up 12.31% on a YoY basis from -$34.8 million in Q1 2025.

Nektar Therapeutics (NKTR) Operating Income (2010 - 2026) Analysis & Trends

Nektar Therapeutics' Operating Income history runs 17 years deep, the most recent figure standing at -$39.1 million for Q1 2026.

  • In Q1 2026, Operating Income rose 12.31% year-over-year to -$39.1 million; the TTM figure through Mar 2026 stood at -$29.0 million (up 74.63% YoY), while the FY2025 annual figure was -$34.5 million, up 67.22% from the prior year.
  • Operating Income was -$39.1 million for Q1 2026 at Nektar Therapeutics, down from $78.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $78.0 million in Q4 2025 to a low of -$152.8 million in Q2 2022.
  • Historically, Operating Income has averaged -$48.2 million across 5 years, with a median of -$44.5 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Operating Income sank 38.68% in 2022, then soared 443.3% in 2025.
  • A 5-year view of Operating Income 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 Operating Income 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) Op. Inc (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -32.68 Mn
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -2.97 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 - -15.76 Mn
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
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
DateValue
Mar 31, 2026 -39.05 Mn
Dec 31, 2025 77.95 Mn
Sep 30, 2025 -31.67 Mn
Jun 30, 2025 -36.23 Mn
Mar 31, 2025 -44.54 Mn
Dec 31, 2024 14.35 Mn
Sep 30, 2024 -34.35 Mn
Jun 30, 2024 -49.77 Mn
Mar 31, 2024 -35.43 Mn
Dec 31, 2023 -33.51 Mn
Sep 30, 2023 -44.86 Mn
Jun 30, 2023 -50.60 Mn
Mar 31, 2023 -134.71 Mn
Dec 31, 2022 -52.47 Mn
Sep 30, 2022 -54.30 Mn
Jun 30, 2022 -152.84 Mn
Mar 31, 2022 -116.56 Mn
Dec 31, 2021 -112.91 Mn
Sep 30, 2021 -113.60 Mn
Jun 30, 2021 -110.21 Mn