Natera, Inc. (NTRA)
NASDAQ: NTRA · Real-Time Price · USD
319.92
-6.34 (-1.94%)
Aug 31, 2026, 1:23 PM EDT - Market open

Natera Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,7072,3061,6971,083820.22625.49
Revenue Growth
37.82%35.90%56.75%31.99%31.13%59.97%
Gross Profit
1,7661,4931,023492.74363.97307.07
Operating Income
-285.22-309.91-222.29-446.25-541.04-468.17
Net Income
-192.35-208.16-190.43-434.8-547.8-471.72
Earnings Per Share
-1.37-1.52-1.53-3.78-5.57-5.21
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Insurance Carriers
2,5452,1711,572954.16690.75492.56
Laboratory Partners
126.67103.1197.2198.8994.91100.02
Patients
35.6831.8227.8829.5334.5632.9
Revenue (Total)
2,7072,3061,6971,083820.22625.49

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,0921,076968.28878.98898.39914.28
Total Debt
238.49214.38187.12441.99446.22397.23
Net Cash (Debt)
853.01861.76781.16436.98452.17517.05
Net Cash Growth
4.04%10.32%78.76%-3.36%-12.55%13.34%
Net Cash Per Share
6.096.306.263.804.595.71

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
228.24215.3135.66-246.96-431.5-335.24
Capital Expenditures
-144.04-106.19-66.42-39.2-47.7-49.59
Free Cash Flow
84.2109.1169.24-286.15-479.2-384.82
Free Cash Flow Growth
-19.47%57.58%----

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
65.23%64.75%60.30%45.52%44.37%49.09%
Operating Margin
-10.54%-13.44%-13.10%-41.22%-65.96%-74.85%
Pretax Margin
-9.33%-11.63%-11.18%-40.14%-66.67%-75.32%
Profit Margin
-7.11%-9.03%-11.22%-40.16%-66.79%-75.42%
FCF Margin
3.11%4.73%4.08%-26.43%-58.42%-61.52%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
547.49290.41301.83---
PS Ratio
17.0313.7412.326.955.3414.12