Nkarta (NKTX) Operating Expenses (2019 - 2026)

Nkarta's quarterly Operating Expenses came in at $30.9 million in Q1 2026, down 15.56% year-on-year from $36.6 million in Q1 2025, and little changed quarter-over-quarter from $31.0 million in Q4 2025.

Nkarta has reported Operating Expenses for 8 years, with the latest figure at $30.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 15.56% year-over-year to $30.9 million; the trailing twelve-month figure through Mar 2026 stood at $116.3 million (down 11.88% YoY), and the FY2025 full-year result was $122.0 million, down 4.83% from the prior year.
  • Operating Expenses for Q1 2026 stood at $30.9 million, roughly flat from $31.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $36.9 million in Q2 2023, with the low at $26.1 million in Q1 2022.
  • Average Operating Expenses over 5 years is $31.3 million, with a median of $30.9 million recorded in 2024.
  • Year-over-year, Operating Expenses surged 52.85% in 2022 and retreated 19.26% in 2025.
  • Tracing NKTX's Operating Expenses over 5 years: stood at $35.0 million in 2022, then decreased by 10.86% to $31.2 million in 2023, then dropped by 0.84% to $30.9 million in 2024, then grew by 0.12% to $31.0 million in 2025, then fell by 0.27% to $30.9 million in 2026.
  • The last three Operating Expenses figures came in at $30.9 million (Q1 2026), $31.0 million (Q4 2025), and $27.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - 2.97 Mn
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - 4.33 Mn
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn -138.30 Mn
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - -
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - 15.76 Mn
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn 1.85 Bn
7 Evaxion A 62.56 Bn 62.54 Bn - -3.82 Mn
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 2.96 Bn
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn 898.54 Mn
10 Nkarta 232.80 Mn 232.80 Mn - 30.88 Mn

Historic Data

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DateValue
Mar 31, 2026 30.88 Mn
Dec 31, 2025 30.96 Mn
Sep 30, 2025 27.29 Mn
Jun 30, 2025 27.19 Mn
Mar 31, 2025 36.56 Mn
Dec 31, 2024 30.92 Mn
Sep 30, 2024 33.79 Mn
Jun 30, 2024 30.72 Mn
Mar 31, 2024 32.76 Mn
Dec 31, 2023 31.19 Mn
Sep 30, 2023 29.29 Mn
Jun 30, 2023 36.86 Mn
Mar 31, 2023 34.31 Mn
Dec 31, 2022 34.98 Mn
Sep 30, 2022 30.26 Mn
Jun 30, 2022 27.61 Mn
Mar 31, 2022 26.10 Mn
Dec 31, 2021 22.89 Mn
Sep 30, 2021 22.43 Mn
Jun 30, 2021 21.63 Mn
Mar 31, 2021 19.48 Mn
Dec 31, 2020 18.00 Mn
Sep 30, 2020 13.75 Mn
Jun 30, 2020 10.36 Mn
Mar 31, 2020 9.41 Mn
Dec 31, 2019 8.65 Mn
Sep 30, 2019 5.91 Mn
Jun 30, 2019 4.67 Mn