Natera Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,501	2,306	1,697	1,083	820.22	625.49
Revenue Growth (YoY)	36.59%	35.90%	56.75%	31.99%	31.13%	59.97%
Cost of Revenue	873.68	812.93	673.75	589.83	456.26	318.42
Gross Profit	1,627	1,493	1,023	492.74	363.97	307.07
Selling, General & Admin	1,238	1,177	841.31	618.31	588.59	511.03
Depreciation & Amortization Expenses	-	1.72	-	-	-	-
Research & Development	705.73	624.11	404.14	320.68	316.42	264.21
Total Operating Expenses	1,944	1,803	1,245	938.99	905.01	775.24
Operating Income	-324.25	-309.91	-222.29	-446.25	-541.04	-468.17
Interest Income	42.07	45.89	43.25	24.35	3.54	5.38
Interest Expense	-3.96	-4.07	-10.69	-12.64	-9.32	-8.31
Total Non-Operating Income (Expense)	38.12	41.82	32.56	11.72	-5.78	-2.92
Pretax Income	-286.13	-268.09	-189.73	-434.53	-546.82	-471.1
Provision for Income Taxes	-59.82	-59.93	0.7	0.27	0.98	0.62
Net Income	-226.32	-208.16	-190.43	-434.8	-547.8	-471.72
Net Income to Common	-226.32	-208.16	-190.43	-434.8	-547.8	-471.72
Shares Outstanding (Basic)	138	137	125	115	98	91
Shares Outstanding (Diluted)	138	137	125	115	98	91
Shares Change (YoY)	7.92%	9.62%	8.45%	16.86%	8.67%	11.79%
EPS (Basic)	-1.62	-1.52	-1.53	-3.78	-5.57	-5.21
EPS (Diluted)	-1.62	-1.52	-1.53	-3.78	-5.57	-5.21
Free Cash Flow	-	0	69.24	-286.15	-479.2	-376.27
Free Cash Flow Per Share	-	-	0.56	-2.49	-4.87	-4.15
Gross Margin	65.07%	64.75%	60.30%	45.52%	44.37%	49.09%
Operating Margin	-12.97%	-13.44%	-13.10%	-41.22%	-65.96%	-74.85%
Profit Margin	-9.05%	-9.03%	-11.22%	-40.16%	-66.79%	-75.42%
FCF Margin	-	0.00%	4.08%	-26.43%	-58.42%	-60.16%
EBITDA	-324.25	-309.91	-191.33	-422.15	-524.34	-456.92
EBITDA Margin	-12.97%	-13.44%	-11.28%	-38.99%	-63.93%	-73.05%
EBIT	-324.25	-309.91	-222.29	-446.25	-541.04	-468.17
EBIT Margin	-12.97%	-13.44%	-13.10%	-41.22%	-65.96%	-74.85%
Effective Tax Rate	20.91%	22.35%	-0.37%	-0.06%	-0.18%	-0.13%

SEC Filings: 10-K · 10-Q