Nkarta, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $0 | $0 | — | — | — |
| Research and development | $90.4M | $96.7M | $96.8M | $90.9M | $63.4M |
| Operating expenses | $122.0M | $128.2M | $131.7M | $119.0M | $86.4M |
| Operating income | -$122.0M | -$128.2M | -$131.7M | -$119.0M | -$86.4M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$104.1M | -$108.8M | -$117.5M | -$113.8M | -$86.1M |
| Balance Sheet | |||||
| Cash and equivalents | $39.6M | $27.9M | $31.0M | $37.5M | $60.8M |
| Current assets | $282.5M | $273.3M | $253.1M | $360.7M | $245.8M |
| Total assets | $404.2M | $501.2M | $378.9M | $472.9M | $273.9M |
| Current liabilities | $22.3M | $18.9M | $23.3M | $22.0M | $12.9M |
| Total liabilities | $91.9M | $93.2M | $105.6M | $100.7M | $22.9M |
| Stockholders' equity | $312.3M | $408.0M | $273.3M | $372.2M | $251.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$88.7M | -$99.7M | -$86.2M | -$57.0M | -$67.9M |
| Depreciation and amortization | $9.2M | $9.2M | $5.9M | $2.6M | $1.8M |
| Stock-based compensation | $8.6M | $16.7M | $17.2M | $16.9M | $14.5M |
| Capital expenditure | $1.2M | $4.4M | $28.1M | $47.1M | $5.0M |
| Free cash flow | -$89.9M | -$104.1M | -$114.3M | -$104.1M | -$73.0M |
| Impairments | — | — | — | $0 | $0 |
Shares outstanding 71.5M · Free float 58.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.