Nkarta, Inc. (NKTX) Income Statement
NKTX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNKTX revenue and net income
NKTX profit margins
NKTX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NKTX quarterly EPS vs estimates
Nkarta beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.40).
NKTX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $385 | $115,385 | $6.5M |
| Cost of revenue | $9.2M | $9.2M | $5.9M | $6.6M | $2.1M | $1.0M | $17,217 | $4.3M |
| Gross profit | −$9.2M | −$9.2M | −$5.9M | −$6.6M | −$2.1M | −$1.0M | $98,168 | $2.3M |
| Research & development | $90.4M | $96.7M | $90.9M | $90.9M | $63.4M | $36.2M | $17.2M | $4.3M |
| Sales, general & admin | $31.6M | $31.4M | $34.9M | $28.1M | $23.0M | $15.3M | $5.2M | $2.7M |
| Total operating expenses | $112.0M | $128.2M | $125.8M | $119.0M | $86.4M | $51.5M | $22.5M | $6.9M |
| Operating income | −$121.2M | −$128.2M | −$131.7M | −$119.0M | −$86.4M | −$51.5M | −$22.3M | −$356,449 |
| Interest income | $15.5M | $19.3M | $13.5M | $5.6M | $370,000 | $313,000 | $304,106 | $81,946 |
| Interest expense | — | — | — | $5.6M | $2.1M | $313,000 | $473,000 | $0 |
| Income before taxes | −$104.1M | −$108.8M | −$117.5M | −$113.8M | −$86.1M | −$91.4M | −$21.1M | −$274,503 |
| Income taxes | — | — | $5.3M | $5.6M | −$2.1M | −$41.0M | $1.8M | $81,946 |
| Net income | −$104.1M | −$108.8M | −$117.5M | −$119.4M | −$83.9M | −$91.4M | −$21.1M | −$274,503 |
| EBITDA | −$94.9M | −$99.6M | −$120.5M | −$116.3M | −$84.7M | −$50.7M | −$20.0M | −$91,289 |
| EPS (diluted) | −$1.40 | −$1.66 | −$2.40 | −$2.65 | −$2.62 | −$7.76 | −$2.35 | — |
| Gross margin | — | — | — | — | — | −272,207.8% | 85.1% | 35.1% |
| Operating margin | — | — | — | — | — | −13,378,701.3% | −19,368.7% | −5.4% |
| Net margin | — | — | — | — | — | −23,730,129.9% | −18,265.7% | −4.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $9.0M | $0 | $0 | $0 | $10.5M | $0 |
| Cost of revenue | — | $2.3M | $2.3M | — | $2.3M | $2.3M | $4.5M | $2.3M | $2.3M | $2.3M | $2.3M | $2.5M |
| Gross profit | — | −$2.3M | −$2.3M | — | −$2.3M | −$2.3M | $4.5M | −$2.3M | −$2.3M | −$2.3M | $8.3M | −$2.5M |
| Research & development | $29.0M | $22.6M | $25.3M | $20.2M | $20.8M | $24.2M | $23.1M | $25.2M | $23.1M | $23.0M | $23.3M | $22.2M |
| Sales, general & admin | $14.1M | $5.9M | $5.7M | $7.1M | $6.4M | $7.3M | $7.8M | $8.5M | $7.6M | $7.5M | $6.7M | $7.1M |
| Total operating expenses | $43.1M | $28.5M | $31.0M | $27.3M | $27.2M | $36.6M | $30.9M | $33.8M | $30.7M | $30.5M | $31.2M | $29.3M |
| Operating income | −$43.1M | −$30.9M | −$31.0M | −$27.3M | −$27.2M | −$36.6M | −$30.9M | −$33.8M | −$30.7M | −$32.8M | −$31.2M | −$29.3M |
| Interest income | $2.5M | $2.8M | $3.3M | $3.9M | $4.0M | $4.4M | $4.9M | $5.5M | $5.7M | $3.2M | $3.5M | $3.6M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $3.5M | — |
| Income before taxes | −$40.4M | −$27.8M | −$27.4M | −$21.7M | −$23.0M | −$32.0M | −$25.9M | −$28.3M | −$25.0M | −$29.5M | −$27.8M | −$25.6M |
| Income taxes | — | — | — | — | — | — | $50,276 | — | −$2.3M | $2.2M | $9.1M | −$2.0M |
| Net income | −$40.4M | −$27.8M | −$27.4M | −$21.7M | −$23.0M | −$32.0M | −$25.9M | −$28.3M | −$25.0M | −$29.5M | −$27.8M | −$25.6M |
| EBITDA | −$37.6M | −$25.5M | −$25.2M | −$19.4M | −$20.6M | −$29.2M | −$23.6M | −$26.0M | −$22.7M | −$27.3M | −$27.7M | −$23.7M |
| EPS (diluted) | −$0.54 | −$0.37 | −$0.37 | −$0.29 | −$0.31 | −$0.43 | −$0.35 | −$0.39 | −$0.34 | −$0.58 | −$0.57 | −$0.52 |
| Gross margin | — | — | — | — | — | — | 50.0% | — | — | — | 78.6% | — |
| Operating margin | — | — | — | — | — | — | −342.3% | — | — | — | −295.8% | — |
| Net margin | — | — | — | — | — | — | −287.1% | — | — | — | −263.3% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NKTX's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NKTX financial results
Nkarta reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $104.1 million. Diluted earnings per share came to −$1.40.
See the NKTX stock overview for the latest quote and news, or the NKTX chart for price history and technical indicators.
NKTX income statement FAQ
Does Nkarta have revenue?
Nkarta reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Nkarta profitable?
No. Nkarta reported a net loss of $104.1 million in fiscal 2025.
How much does Nkarta spend on research and development?
Nkarta spent $90.4 million on research and development in fiscal 2025.
What are Nkarta's earnings per share?
Nkarta earned $-1.40 per diluted share in fiscal 2025, compared with $-1.66 a year earlier.
When will Nkarta report its next earnings?
Nkarta is expected to report results for the quarter ending September 30, 2026 on November 9, 2026.
When does Nkarta's fiscal year end?
Nkarta's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.