Nektar Therapeutics revenue by segment NKTR

Annual Quarterly

Nektar Therapeutics splits its revenue into 4 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Non Cash Royalty Revenue Related To Sale Of Future Royalties at $54.9 million, 99% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	55	55	98	90	92	102	153	115	1,193	308	165
Non Cash Royalty Revenue Related To Sale Of Future Royalties	—	55 -14.5% share 99.5%	64 -6.8% share 65.3%	69 -1.3% share 76.5%	70 -10.2% share 75.8%	78 share 76.3%	—	36 +9.0% share 31.7%	33 +9.1% share 2.8%	31 share 9.9%	—
Product	—	—	34 +62.3% share 34.1%	21 +1.6% share 22.9%	20 -14.2% share 22.1%	24 +35.5% share 23.3%	18 -13.0% share 11.4%	20 -3.2% share 17.6%	21 -36.4% share 1.7%	33 share 10.6%	—
Royalty	—	—	—	—	—	—	31 -24.8% share 20.3%	41 -1.8% share 36.0%	42 +25.2% share 3.5%	34 share 10.9%	—
License Collaboration And Other Revenue	—	0 -49.7% share 0.5%	1 +14.8% share 0.6%	1 -72.8% share 0.6%	2 +338.8% share 2.1%	0 -99.2% share 0.4%	56 +229.0% share 36.5%	17 -98.5% share 14.8%	1,097 +420.1% share 92.0%	211 share 68.6%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Pharmaceutical Preparations (SIC 2834)
Listed as: NKTR (Nasdaq)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: San Francisco, CA
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 906709
Former names: INHALE THERAPEUTIC SYSTEMS INC (until Jan 10, 2003); INHALE THERAPEUTIC SYSTEMS (until May 14, 1998)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.