ITH Income Statement - Nektar Therapeutics - Alpha Spread

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Price: 7.805 EUR 1 200.83% Market Closed

Market Cap: €10.2B

Metric	FY2016 Dec 2016	FY2017 Dec 2017	FY2018 Dec 2018	FY2019 Dec 2019	FY2020 Dec 2020	FY2021 Dec 2021	FY2022 Dec 2022	FY2023 Dec 2023	FY2024 Dec 2024	FY2025 Dec 2025
Revenue	165.4m	307.7m	1.2B	114.6m	152.9m	101.9m	92.1m	90.1m	98.4m	55.2m
Cost of Revenue	(30.2m)	(30.5m)	(24.4m)	(21.4m)	(19.5m)	(24.9m)	(21.6m)	(33.8m)	(30.7m)	0
Gross Profit	135.2m	277.2m	1.2B	93.2m	133.4m	77m	70.4m	56.4m	67.7m	55.2m
Operating Expenses	(248.1m)	(320.9m)	(481m)	(533.3m)	(513.3m)	(523.1m)	(310.7m)	(191.6m)	(197.7m)	(186m)
Selling, General & Administrative	(44.3m)	(52.4m)	(81.4m)	(98.7m)	(104.7m)	(122.8m)	(92.3m)	(77.4m)	(76.8m)	(68.7m)
R&D	(203.8m)	(268.5m)	(399.5m)	(434.6m)	(408.7m)	(400.3m)	(218.3m)	(114.2m)	(120.9m)	(117.3m)
Other Operating Expenses	—	—	—	—	0	—	—	—	—	—
Operating Income	(112.9m)	(43.6m)	687.9m	(440m)	(379.9m)	(446.1m)	(240.3m)	(135.2m)	(129.9m)	(130.8m)
Net Interest Income (Expense)	(39.8m)	(36.4m)	(5.2m)	0	(18.8m)	(52.8m)	11.2m	(6.3m)	(13.6m)	(15.7m)
Interest Expense	42.2m	41m	42.8m	46.4m	37.1m	47.3m	28.9m	25.3m	28.1m	26.2m
Non-Recurring Items	0	(16m)	0	0	(45.2m)	0	(135.9m)	(128.5m)	24.7m	(9.3m)
Total Other Income	—	—	—	—	—	(24.4m)	0	(6.2m)	(390k)	361k
Pre-Tax Income	(152.6m)	(96.1m)	682.7m	(440.1m)	(443.9m)	(523.3m)	(365m)	(276.3m)	(119.2m)	(155.5m)
Tax Provision	(900k)	247.5m	(1.4m)	(600k)	(500k)	(600k)	(3.2m)	200k	239k	138k
Income from Continuing Operations	(153.5m)	151.5m	681.4m	(440.6m)	(444.4m)	(523.8m)	(368.2m)	(276.1m)	(119m)	(155.3m)
Equity Earnings Affiliates	—	—	—	—	—	—	—	—	—	(8.7m)
Net Income	(153.5m)	(96.7m)	681.3m	(440.7m)	(444.4m)	(523.8m)	(368.2m)	(276.1m)	(119m)	(164.1m)
EPS (Diluted)	(16.49)	(9.30)	56.73	(37.77)	(37.32)	(42.86)	(29.51)	(21.79)	(8.68)	(9.73)

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