13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $2.3B | -$208M | 0.0% | -13.4% | $109M | — | $1.1B |
| 2024 | $1.7B | -$190M | 0.0% | -13.1% | $69M | — | $946M |
| 2023 | $1.1B | -$435M | 0.0% | -41.2% | -$286M | $363M | $642M |
| 2022 | $820M | -$548M | 0.0% | -66.0% | -$479M | $362M | $466M |
| 2021 | $625M | -$472M | 0.0% | -74.8% | -$376M | $330M | $85M |
| 2020 | $391M | -$230M | 0.0% | -55.3% | -$202M | — | $49M |
| 2019 | $302M | -$125M | 0.0% | -38.5% | -$68M | — | $62M |
| 2018 | $258M | -$128M | 38.6% | -44.5% | -$74M | — | $51M |
| 2017 | $210M | -$138M | 35.4% | -64.6% | -$108M | — | $13M |
| 2016 | $213M | -$100M | 36.7% | -47.6% | -$97M | — | $17M |
| 2015 | — | -$70M | — | — | -$46M | — | $31M |
| 2014 | — | -$5M | — | — | — | — | — |
| 2013 | — | -$37M | — | — | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $697M | -$85M | 0.0% | -13.4% | $18M | — | $1.1B |
| Dec '25 | $665M | $47M | 0.0% | -3.4% | $38M | — | $1.1B |
| Sep '25 | $592M | -$88M | 0.0% | -16.5% | $37M | — | $1.0B |
| Jun '25 | $547M | -$101M | 0.0% | -20.2% | $12M | — | $1.0B |
| Mar '25 | $502M | -$67M | 0.0% | -15.8% | $23M | — | $974M |
| Dec '24 | $476M | -$54M | 0.0% | -13.6% | $35M | — | $946M |
| Sep '24 | $440M | -$32M | 0.0% | -8.9% | $35M | — | $893M |
| Jun '24 | $413M | -$37M | 0.0% | -10.6% | -$8M | — | $797M |
| Mar '24 | $368M | -$68M | 0.0% | -20.2% | $7M | — | $814M |
| Dec '23 | $311M | -$78M | 0.0% | -27.2% | -$68M | $363M | $642M |
| Sep '23 | $268M | -$109M | 0.0% | -41.4% | -$39M | — | $669M |
| Jun '23 | $261M | -$111M | 0.0% | -43.0% | -$87M | — | $381M |
| Mar '23 | $242M | -$137M | 0.0% | -57.2% | -$92M | — | $403M |
| Dec '22 | $217M | -$143M | 0.0% | -65.3% | -$93M | $362M | $466M |
| Sep '22 | $211M | -$121M | 0.0% | -56.5% | -$114M | — | $57M |
| Jun '22 | $198M | -$145M | 0.0% | -72.2% | -$119M | — | $91M |
| Mar '22 | $194M | -$139M | 0.0% | -70.6% | -$153M | — | $159M |
| Dec '21 | $173M | -$141M | 0.0% | -80.7% | -$108M | $330M | $85M |
| Sep '21 | $158M | -$151M | 0.0% | -95.0% | -$104M | — | $95M |
| Jun '21 | $142M | -$116M | 0.0% | -81.2% | -$79M | — | $63M |
How the market has priced NTRA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Natera, Inc.'s revenue has grown 42.6% per year. These are computed facts, not advice.
As of FY2025, Natera, Inc. reported — of total debt against $1.1B of cash; operating income covered interest expense -76.2×.
In FY2025, gross margin was —, operating margin -13.4%, and net margin -9.0%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.