Growth Metrics

Nektar Therapeutics (NKTR) Operating Margin (2016 - 2025)

Nektar Therapeutics has reported Operating Margin over the past 16 years, most recently at 126.86% for Q4 2025.

  • Quarterly results put Operating Margin at 126.86% for Q4 2025, down 17604.0% from a year ago — trailing twelve months through Dec 2025 was 253.66% (down 14678.0% YoY), and the annual figure for FY2025 was 253.66%, down 14678.0%.
  • Operating Margin for Q4 2025 was 126.86% at Nektar Therapeutics, up from 268.63% in the prior quarter.
  • Over the last five years, Operating Margin for NKTR hit a ceiling of 49.18% in Q4 2024 and a floor of 708.07% in Q2 2022.
  • Median Operating Margin over the past 5 years was 257.74% (2025), compared with a mean of 310.79%.
  • Biggest five-year swings in Operating Margin: tumbled -31906bps in 2022 and later surged 46123bps in 2023.
  • Nektar Therapeutics' Operating Margin stood at 451.48% in 2021, then skyrocketed by 47bps to 238.25% in 2022, then surged by 41bps to 140.3% in 2023, then surged by 135bps to 49.18% in 2024, then plummeted by -358bps to 126.86% in 2025.
  • The last three reported values for Operating Margin were 126.86% (Q4 2025), 268.63% (Q3 2025), and 324.21% (Q2 2025) per Business Quant data.