NASDAQ:NTRA
Natera, Inc.
Natera, Inc.'s revenue grew 35.9% in fiscal 2025 to $2.3B while operating margin fell to −13.4%. Free cash flow was $109.1M, 4.7% of revenue, and the diluted share count rose 9.6%.Summary generated from Natera, Inc.'s SEC filings. Latest annual report filed Feb 27, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.3B
Revenue growth+35.9%
Revenue, 5-yr CAGR+42.6%
Gross marginn/a
Operating margin−13.4%
Net margin−9.0%
ROIC−46.8%
Return on equity−14.3%
Debt / equity0.05
Free cash flow$109.1M
FCF margin4.7%
Share count change+9.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 625 | 820 | 1,083 | 1,697 | 2,306 |
| Operating income | −468 | −541 | −446 | −222 | −310 |
| Net income | −472 | −548 | −435 | −190 | −208 |
| Free cash flow | −376 | −479 | −286 | 69 | 109 |
Recent filings
- 4Insider transaction report
Oct 9, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 7, 2026 - 8-KResults of operations and financial condition
Aug 6, 2026 - 8-KDirector or officer change
Jul 6, 2026 - 8-K/AAmended director or officer change
Jun 16, 2026 - 8-KDirector or officer change
Jun 16, 2026 - 8-KDirector or officer change
Jun 5, 2026