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Nektar Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results

Petco improved profitability with a 10.6% increase in adjusted EBITDA to $106.3 million and reduced total secured debt to about $1.5 billion, management reported.

  • On Wednesday, NFI Group Inc., a bus and coach manufacturer, reported record 2025 results, achieving $121.3 million in fourth quarter Adjusted EBITDA1. This performance exceeded expectations for the fiscal year.
  • Following the battery recall, the settlement resolved Generation 3 costs, allowing NFI to record $166.0 million in other income. This recovery boosted net earnings and liquidity.
  • Deliveries reached 1,233 equivalent units in the fourth quarter, with battery- and fuel-cell-electric buses comprising 27.4% of deliveries. Additionally, the total backlog reached approximately $13.0 billion.
  • Management projects revenue will rise by 4.2%, reflecting trade conditions as of Wednesday. Liquidity also rose to $445.8 million, a $319.0 million increase from 2024.
  • Maintaining long-term growth strategies across its global manufacturing footprint remains a key priority, despite macroeconomic headwinds like supply chain performance and United States tariff impacts affecting imported components.
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The Billings GazetteThe Billings Gazette
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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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