Natera revenue and financials

NTRA · NASDAQ · USD

$400.65Change from previous close: −5.87%Absolute change: −$24.99

Close · October 6, 2026

In the fiscal year ended December 2025, Natera reported revenue of $2.31B (+35.90% year over year). The net loss was $208.16M.

Annual revenue · 2025: $2.31B
  1. $217.07M2016
  2. $210.94M2017
  3. $257.65M2018
  4. $302.33M2019
  5. $391.01M2020
  6. $625.49M2021
  7. $820.22M2022
  8. $1.08B2023
  9. $1.7B2024
  10. $2.31B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+35.90%
2025 vs 2024
Net margin
-9.0%
2024: -11.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Operating cash flow54.840.273.959.437.644.552.951.84.027.0-57.6-29.7
Depreciation and amortization21.220.29.110.39.99.24.38.27.97.14.57.0
Capital expenditure-63.4-22.1-36.1-22.4-25.9-21.8-18.1-16.3-11.7-20.3-10.1-9.0
Investing cash flow-63.4-32.1-71.6-19.9-23.9-16.8-11.142.5-32.113824.181.3
Financing cash flow12.23.832.41.912.60.511.01.711.06.56.8236
Net change in cash3.611.834.741.426.328.252.796.0-17.0172-26.6288
Free cash flow-8.618.037.837.011.722.634.835.5-7.76.7-67.7-38.7
Levered free cash flow3.013.417.071.335.217.555.340.26.6-8.0-39.4-4.2