Nektar Therapeutics (NKTR) Research & Development (2010 - 2026)
Nektar Therapeutics' (NKTR) quarterly Research & Development came in at $35.7 million in Q1 2026, up 17.06% year-on-year from $30.5 million in Q1 2025, and up 20.09% quarter-over-quarter from $29.7 million in Q4 2025.
Nektar Therapeutics (NKTR) Research & Development (2010 - 2026) Analysis & Trends
Nektar Therapeutics' Research & Development history runs 17 years deep, the most recent figure standing at $35.7 million for Q1 2026.
- On a quarterly basis, Research & Development rose 17.06% year-over-year to $35.7 million in Q1 2026; TTM through Mar 2026 was $122.5 million, a 1.17% decrease from a year earlier, with the FY2025 full-year figure at $117.3 million, down 2.96% from the prior year.
- Research & Development improved to $35.7 million in Q1 2026 per NKTR's latest filing, from $29.7 million in the prior quarter.
- Across five years, Research & Development topped out at $107.3 million in Q1 2022 and bottomed at $24.1 million in Q3 2023.
- The 5-year median for Research & Development is $29.9 million (2023), against an average of $35.7 million.
- Across the five-year window, Research & Development tumbled 71.59% in 2023 and soared 45.54% in 2024, its largest moves.
- Year by year, Research & Development stood at $34.7 million in 2022, then fell by 13.81% to $29.9 million in 2023, then dropped by 4.0% to $28.7 million in 2024, then rose by 3.36% to $29.7 million in 2025, then climbed by 20.09% to $35.7 million in 2026.
- Per Business Quant, the three latest NKTR Research & Development figures stand at $35.7 million (Q1 2026), $29.7 million (Q4 2025), and $27.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -17.94 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 1.46 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 541.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 961.60 Mn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 1.54 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 15.66 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -443.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 343.97 Mn |
| 10 | Nektar Therapeutics | 1.76 Bn | 1.19 Bn | 3.16 Mn | 35.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.68 Mn |
| Dec 31, 2025 | 29.71 Mn |
| Sep 30, 2025 | 27.25 Mn |
| Jun 30, 2025 | 29.89 Mn |
| Mar 31, 2025 | 30.48 Mn |
| Dec 31, 2024 | 28.75 Mn |
| Sep 30, 2024 | 35.03 Mn |
| Jun 30, 2024 | 29.72 Mn |
| Mar 31, 2024 | 27.41 Mn |
| Dec 31, 2023 | 29.94 Mn |
| Sep 30, 2023 | 24.07 Mn |
| Jun 30, 2023 | 29.68 Mn |
| Mar 31, 2023 | 30.47 Mn |
| Dec 31, 2022 | 34.74 Mn |
| Sep 30, 2022 | 33.59 Mn |
| Jun 30, 2022 | 42.74 Mn |
| Mar 31, 2022 | 107.25 Mn |
| Dec 31, 2021 | 99.61 Mn |
| Sep 30, 2021 | 103.74 Mn |
| Jun 30, 2021 | 101.31 Mn |