Nektar Therapeutics

As of June 30, 2026, Nektar Therapeutics carries a market capitalization of 2.40B, placing it among publicly traded companies globally. Its enterprise value stands at 1.80B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Nektar Therapeutics's next confirmed earnings release is scheduled for November 5, 2026.

As of June 30, 2026, Nektar Therapeutics has 34.13M shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 31.29, and the price-to-book ratio stands at 2.66.

These figures are as of June 30, 2026. The EV/Sales ratio of 32.93 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 1.80B versus a market cap of 2.40B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Nektar Therapeutics maintains a current ratio of 10.42, meaning it holds 10.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 8.70, indicating elevated leverage, while an interest coverage ratio of -4.52 demonstrates limited ability to service its debt obligations.

These figures cover the twelve months ended June 30, 2026. Return on assets (ROA) is negative at -24.12, reflecting losses generated across the asset base. The company generates approximately 873,424.00 in revenue per employee across its workforce of 62.50, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Nektar Therapeutics recorded 64,000.00 in income tax expense. The company reported a pretax loss of -153.11M and -157.13M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 22, 2026, Nektar Therapeutics's stock has declined approximately 37.25% over the past 52 weeks. The 50-day moving average sits at 60.27, while the 200-day moving average is 64.45.

Over the twelve months ended June 30, 2026, Nektar Therapeutics generated 54.59M in revenue and converted that into -157.13M in net income, yielding earnings per share of -6.48. EBITDA reached -140.04M, while operating income came in at -130.64M.

As of June 30, 2026, Nektar Therapeutics holds 684.34M in cash and equivalents against 78.56M in total debt, resulting in a net debt position of -39.27M. Total book value stands at 903.12M, with working capital of 668.42M providing operational flexibility.

Nektar Therapeutics produced -233.79M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -244,000.00 in capital expenditures, free cash flow totaled -234.03M - equivalent to -9.65 per share.

These figures cover the twelve months ended June 30, 2026. The operating margin of -239.32 and net profit margin of -287.84 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -13.70: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -44.71, meaning Nektar Therapeutics raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Nektar Therapeutics's most recent stock split took place on June 9, 2025 with a 15:1 split ratio.

As of June 30, 2026, Nektar Therapeutics has an Altman Z-Score of 2.98, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.