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Natera, Inc. (NTRA)
NASDAQ: NTRA · Real-Time Price · USD
274.62
-0.57 (-0.21%)
At close: Aug 5, 2026, 4:00 PM EDT
270.15
-4.47 (-1.63%)
After-hours: Aug 5, 2026, 7:52 PM EDT

Natera Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,5012,3061,6971,083820.22625.49
Revenue Growth
36.59%35.90%56.75%31.99%31.13%59.97%
Gross Profit
1,6271,4931,023492.74363.97307.07
Operating Income
-324.25-309.91-222.29-446.25-541.04-468.17
Net Income
-226.32-208.16-190.43-434.8-547.8-471.72
Earnings Per Share
-1.62-1.52-1.53-3.78-5.57-5.21
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Insurance Carriers
2,3572,1711,572954.16690.75492.56
Laboratory Partners
111.1103.1197.2198.8994.91100.02
Patients
33.231.8227.8829.5334.5632.9
Revenue (Total)
2,5012,3061,6971,083820.22625.49

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,0881,076968.28878.98898.39914.51
Total Debt
225.26198.8176.95430.37438.58391.48
Net Cash (Debt)
862.67877.34791.33448.61459.81523.03
Net Cash Growth
6.74%10.87%76.40%-2.44%-12.09%12.80%
Net Cash Per Share
6.246.426.343.904.675.78

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Operating Cash Flow
141.41135.66-246.96-431.5-335.24-182.51
Capital Expenditures
-70.12-66.42-39.2-47.7-41.03-19.6
Free Cash Flow
71.369.24-286.15-479.2-376.27-202.12
Free Cash Flow Growth
106.82%-----

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%
Pretax Margin
-11.44%-11.63%-11.18%-40.14%-66.67%-75.32%
Profit Margin
-9.05%-9.03%-11.22%-40.16%-66.79%-75.42%
FCF Margin
0.00%0.00%4.08%-26.43%-58.42%-60.16%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
376.33-303.26---
PS Ratio
15.7313.8812.376.925.4514.21