earnings
confidence high
sentiment positive
materiality 0.70
Nektar Q1 net loss $44.9M; cash $731.6M; rezpegaldesleukin Phase 3 to start July
NEKTAR THERAPEUTICS
2026-Q1 EPS reported
-$1.82
revenue$10,861,000
- Net loss $44.9M ($1.82 loss per share) vs $50.9M in Q1 2025.
- Cash & investments $731.6M; excludes $351M net proceeds from April offering.
- R&D $35.7M, G&A $13.4M; total operating costs $49.9M.
- Phase 3 ZENITH-AD program in atopic dermatitis to initiate by July 2026.
- Closed public offerings raising $460M in Feb and $373.8M in April.