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
DateValue
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