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Filing Flows › Nektar Therapeutics (NKTR) › Q2 2026 › vs Q1 2026

Nektar Therapeutics (NKTR) Q2 2026 vs Q1 2026 (quarter over quarter)

Nektar Therapeutics's revenue fell $730K (-7%) from $10.9M in Q1 2026 to $10.1M in Q2 2026.

Nektar Therapeutics, Q2 2026: revenue $10.1M (-9% year over year), operating margin -417.9%, net loss $40.6M, operating cash flow −$75.8M. The chart draws each line against Q1 2026, the increases inside each band.

Nektar Therapeutics: what changed, Q2 2026 vs Q1 2026Nektar Therapeutics: what changed, Q2 2026 vs Q1 2026Working capital & other$35.8MOperating cash sources$31.5MCash used in operations$31.5MOther income, net$7.5MNet loss−$4.3MNet loss absorbed−$4.3MResearch & development$3.4MCosts & expenses−$3.3MOperating costs$2.6MGeneral & admin−$674K

Every line

LineQ2 2026Q1 2026Change%
Revenue$10.1M$10.9M−$730K-7%
Other income, net$1.7M−$5.8M$7.5M—
Net loss$40.6M$44.9M−$4.3M-10%
Costs & expenses$52.5M$55.8M−$3.3M-6%
Operating costs$52.5M$49.9M$2.6M+5%
Income tax$2K$64K−$62K-97%
Research & development$39.1M$35.7M$3.4M+10%
General & admin$12.8M$13.4M−$674K-5%
Other operating costs$578K$796K−$218K-27%
Operating cash sources$79.3M$47.8M$31.5M+66%
Depreciation & amortization$156K$151K$5K+3%
Share-based compensation$3.4M$3.4M$10K+0.3%
Cash used in operations$75.8M$44.3M$31.5M+71%
Net loss absorbed$40.6M$44.9M−$4.3M-10%
Working capital & other$38.7M$2.9M$35.8M13×

Questions

How much did Nektar Therapeutics's revenue grow quarter over quarter in Q2 2026?

Nektar Therapeutics's revenue fell $730K (-7%) from $10.9M in Q1 2026 to $10.1M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →