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Filing Flows › Nektar Therapeutics (NKTR) › Q1 2026 › vs Q1 2025

Nektar Therapeutics (NKTR) Q1 2026 vs Q1 2025 (year over year)

Nektar Therapeutics's revenue rose $401K (+4%) from $10.5M in Q1 2025 to $10.9M in Q1 2026.

Nektar Therapeutics, Q1 2026: revenue $10.9M (+4% year over year), operating margin -359.6%, net loss $44.9M, operating cash flow −$44.3M. The chart draws each line against Q1 2025, the increases inside each band.

Nektar Therapeutics: what changed, Q1 2026 vs Q1 2025Nektar Therapeutics: what changed, Q1 2026 vs Q1 2025General & admin−$10.9MNet loss−$6.0MNet loss absorbed−$6.0MCosts & expenses−$5.6MOperating cash sources−$5.6MResearch & development$5.2MOperating costs−$5.1MCash used in operations−$4.8MOther operating costs$627KShare-based compensation−$543K

Every line

LineQ1 2026Q1 2025Change%
Revenue$10.9M$10.5M$401K+4%
Net loss$44.9M$50.9M−$6.0M-12%
Costs & expenses$55.8M$61.3M−$5.6M-9%
Operating costs$49.9M$55.0M−$5.1M-9%
Interest & other, net$5.8M$6.3M−$509K-8%
Income tax$64K$52K$12K+23%
Research & development$35.7M$30.5M$5.2M+17%
General & admin$13.4M$24.3M−$10.9M-45%
Other operating costs$796K$169K$627K+371%
Operating cash sources$47.8M$53.4M−$5.6M-10%
Depreciation & amortization$151K$426K−$275K-65%
Share-based compensation$3.4M$3.9M−$543K-14%
Cash used in operations$44.3M$49.1M−$4.8M-10%
Net loss absorbed$44.9M$50.9M−$6.0M-12%
Working capital & other$2.9M$2.5M$405K+16%

Questions

How much did Nektar Therapeutics's revenue grow year over year in Q1 2026?

Nektar Therapeutics's revenue rose $401K (+4%) from $10.5M in Q1 2025 to $10.9M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →