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Nektar Therapeutics revenue

Nektar Therapeutics's revenue was $55.2m in fiscal 2025, down 43.9% on the year before. Since fiscal 2009 ($71.9m) it has grown at a compound -1.6% a year. Over the last twelve months it was $54.6m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Nektar Therapeutics: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue7215971811492012311653081,1931151531029290985555
Growth on the year before—+121.1%−55.1%+13.6%+83.4%+34.8%+15.0%−28.3%+86.0%+287.8%−90.4%+33.4%−33.4%−9.7%−2.1%+9.2%−43.9%—
Gross profit———————1352771,169931337770566855—
Gross margin———————81.7%90.1%98.0%81.4%87.3%75.6%76.5%62.5%68.8%100.0%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Non Cash Royalty Revenue Related To Sale of Future Royalties $54.9M 99.5% ▼ 14.5%
Non Cash Royalties (part of Non Cash Royalty Revenue Related To Sale of Future Royalties) $54.9M 99.9% ▼ 14.6%
Products (part of Non Cash Royalty Revenue Related To Sale of Future Royalties) $0 0.0% ▼ 100.0%
License Collaboration and Other Revenue $300,000 0.5% ▼ 49.7%

From Nektar Therapeutics's 10-K filed March 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Biotechnology: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Nektar Therapeutics $54.6m -27.2% -14.6%
Tango Therapeutics, Inc. $53.8m 121.5% 16.9%
Siga Technologies Inc $53.7m -70.1% -18.1%
Gossamer Bio, Inc. $53.3m 32.4% —
Ocular Therapeutix, Inc $52.1m -8.1% -1.6%
Invivyd, Inc. $58.4m 26.3% —

Compare with peers

Head to head: NKTR vs TNGXNKTR vs SIGAGOSS vs NKTRIVVD vs NKTR

More: Biotechnology stocks compared, Health Care sector, rankings of US companies

Figures from Nektar Therapeutics's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Nektar Therapeutics.