Natera, Inc. (NTRA)

Natera Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,306	1,697	1,083	820.22	625.49
Revenue Growth (YoY)	35.90%	56.75%	31.99%	31.13%	59.97%
Cost of Revenue	812.93	673.75	589.83	456.26	318.42
Gross Profit	1,493	1,023	492.74	363.97	307.07
Selling, General & Admin	1,177	841.31	618.31	588.59	511.03
Depreciation & Amortization Expenses	1.72	-	-	-	-
Research & Development	624.11	404.14	320.68	316.42	264.21
Total Operating Expenses	1,803	1,245	938.99	905.01	775.24
Operating Income	-309.91	-222.29	-446.25	-541.04	-468.17
Interest Income	45.89	43.25	24.35	3.54	5.38
Interest Expense	-4.07	-10.69	-12.64	-9.32	-8.31
Total Non-Operating Income (Expense)	41.82	32.56	11.72	-5.78	-2.92
Pretax Income	-268.09	-189.73	-434.53	-546.82	-471.1
Provision for Income Taxes	-59.93	0.7	0.27	0.98	0.62
Net Income	-208.16	-190.43	-434.8	-547.8	-471.72
Net Income to Common	-208.16	-190.43	-434.8	-547.8	-471.72
Shares Outstanding (Basic)	137	125	115	98	91
Shares Outstanding (Diluted)	137	125	115	98	91
Shares Change (YoY)	9.62%	8.45%	16.86%	8.67%	11.79%
EPS (Basic)	-1.52	-1.53	-3.78	-5.57	-5.21
EPS (Diluted)	-1.52	-1.53	-3.78	-5.57	-5.21
Shares Outstanding	138.01	132.65	119.58	111.26	95.14
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	64.75%	60.30%	45.52%	44.37%	49.09%
Operating Margin	-13.44%	-13.10%	-41.22%	-65.96%	-74.85%
Profit Margin	-9.03%	-11.22%	-40.16%	-66.79%	-75.42%
FCF Margin	0.00%	4.08%	-26.43%	-58.42%	-60.16%
EBITDA	-309.91	-191.33	-422.15	-524.34	-456.92
EBITDA Margin	-13.44%	-11.28%	-38.99%	-63.93%	-73.05%
EBIT	-309.91	-222.29	-446.25	-541.04	-468.17
EBIT Margin	-13.44%	-13.10%	-41.22%	-65.96%	-74.85%
Effective Tax Rate	22.35%	-0.37%	-0.06%	-0.18%	-0.13%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q