NTRA
Natera, Inc.
Stock
$413.31−1.21 (−0.29%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.3B | $1.7B | $1.1B | $820M | $625M | $391M | $302M | $258M | $211M | $217M | $190M | $159M | $55M |
| Cost of revenue | — | — | — | — | — | — | — | — | $158M | $137M | $139M | $113M | $78M | $37M |
| Gross profit | — | — | — | — | — | — | — | — | $100M | $74M | $78M | $78M | $81M | $18M |
| R&D | $787M | $624M | $404M | $321M | $316M | $264M | $100M | $51M | $51M | $50M | $42M | $28M | $17M | $12M |
| SG&A | $1.3B | $1.2B | $841M | $618M | $589M | $511M | $304M | $206M | $155M | $155M | $136M | $110M | $63M | $32M |
| Other operating expenses | — | — | — | — | — | — | — | — | $8.0M | $4.1M | $1.1M | — | — | — |
| Operating income | −$290M | −$310M | −$222M | −$446M | −$541M | −$468M | −$216M | −$116M | −$115M | −$135M | −$101M | −$60M | $665K | −$25M |
| Non-operating income | $37M | $42M | $33M | $12M | −$5.8M | −$2.9M | −$13M | −$6.5M | −$13M | −$1.8M | $865K | −$10M | −$5.8M | — |
| Pretax income | −$253M | −$268M | −$190M | −$435M | −$547M | −$471M | −$230M | −$123M | −$128M | −$137M | −$100M | −$70M | −$5.2M | — |
| Taxes | −$60M | −$60M | $695K | $271K | $978K | $618K | $98K | $2.0M | $321K | $454K | $142K | $0 | $0 | — |
| Net income | −$192M | −$208M | −$190M | −$435M | −$548M | −$472M | −$230M | −$125M | −$128M | −$138M | −$100M | −$70M | −$5.2M | −$37M |
| Diluted EPS | −$1.37 | −$1.52 | −$1.53 | −$3.78 | −$5.57 | −$5.21 | −$2.84 | −$1.79 | −$2.22 | −$2.59 | −$1.95 | −$2.68 | −$1.07 | −$9.66 |
| Diluted shares | — | 136.7M | 124.7M | 115.0M | 98.4M | 90.6M | 81.0M | 69.6M | 57.8M | 53.6M | 51.6M | 26.2M | 4.8M | 3.8M |
| Revenue growth | — | +35.9% | +56.7% | +32.0% | +31.1% | +60.0% | +29.3% | +17.3% | +22.1% | −2.8% | +14.0% | +19.5% | +188.7% | — |
| Gross margin | — | — | — | — | — | — | — | — | 38.6% | 35.1% | 35.9% | 40.7% | 50.8% | 32.4% |
| Operating margin | −10.7% | −13.4% | −13.1% | −41.2% | −66.0% | −74.8% | −55.3% | −38.5% | −44.5% | −64.2% | −46.6% | −31.4% | 0.4% | −45.8% |
| Net margin | −7.1% | −9.0% | −11.2% | −40.2% | −66.8% | −75.4% | −58.8% | −41.3% | −49.7% | −65.2% | −46.2% | −36.9% | −3.2% | −67.3% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.