Nkarta (NKTX) Operating Expenses (2019 - 2026)

Nkarta's (NKTX) 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 (NKTX) Operating Expenses (2019 - 2026) Analysis & Trends

Nkarta's Operating Expenses history runs 8 years deep, the most recent figure standing at $30.9 million for Q1 2026.

  • On a quarterly basis, Operating Expenses fell 15.56% year-over-year to $30.9 million in Q1 2026; TTM through Mar 2026 was $116.3 million, a 11.88% decrease from a year earlier, with the FY2025 full-year figure at $122.0 million, down 4.83% from the prior year.
  • Operating Expenses steadied at $30.9 million in Q1 2026 per NKTX's latest filing, from $31.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $36.9 million in Q2 2023 and bottomed at $26.1 million in Q1 2022.
  • The 5-year median for Operating Expenses is $30.9 million (2024), against an average of $31.3 million.
  • Across the five-year window, Operating Expenses surged 52.85% in 2022 and retreated 19.26% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $35.0 million in 2022, then retreated by 10.86% to $31.2 million in 2023, then slipped by 0.84% to $30.9 million in 2024, then climbed by 0.12% to $31.0 million in 2025, then declined by 0.27% to $30.9 million in 2026.
  • Per Business Quant, the three latest NKTX Operating Expenses figures stand at $30.9 million (Q1 2026), $31.0 million (Q4 2025), and $27.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Nkarta 170.79 Mn 170.79 Mn - 30.88 Mn

Historic Data

Download Data
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