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Nektar Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results

NFI's 2025 revenue rose 16% to $3.6 billion with a $13 billion backlog, boosted by higher deliveries and a $114.5 million net battery settlement recovery.

  • On March 11, 2026, NFI announced audited 2025 results from Winnipeg, with a webcast scheduled for March 12, 2026 at 8:30 a.m. ET to review results and guidance, including a detailed investor presentation.
  • NFI signed a master settlement with XALT Energy and recorded other income of $166 million, recovering about 72% of the prior $229 million provision, positively impacting its results in fiscal 2025.
  • NFI delivered 1,233 EUs in Q4 and recorded $125 million in revenue, with Net Earnings of $166.0 million and Adjusted Net Earnings of $59.6 million.
  • NFI Group Inc. expects 2026 revenue of $3,900 to $4,200 million and cautions that tariff or trade-policy shifts could materially impact results, with guidance set at $50 to $60 million for capital expenditures.
  • NFI sees a five‑year demand near 25,000 EUs, citing 5,051 EUs of orders on an LTM basis and tariff updates, including a 10% import tariff, as near-term headwinds.
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Nektar Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results

SAN FRANCISCO, March 12, 2026 /PRNewswire/ -- Nektar Therapeutics (Nasdaq: NKTR) today reported financial results for the fourth quarter ended December 31, 2025.

·Billings, United States
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channelchek.com broke the news in on Tuesday, March 10, 2026.
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