Natera, Inc.

NTRA Healthcare Diagnostics & Research

Natera, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 35.9% from fiscal 2024.

Revenue
+34.1%
EPS
+34.4%
Free cash flow
−85.8%
Total debt
−0.06%

Quarter to September 2026, against a year earlier

365.77 25.26 −6.46%
Market cap
$52.4B
P/E
0.0×
Fwd P/E
−289×
Dividend yield
—
F-score
6/9
Altman Z
26.84
Beneish M
−2.17
Dividend safety
n/a

Natera, Inc. (NTRA) Free cash flow

Alert me on Free cash flow

Natera, Inc.'s free cash flow for fiscal 2025 was $76.1M, up 29.6% from $58.7M in fiscal 2024. Over the twelve months to 30 September 2026 it was $52.5M. Over the past ten years it has ranged from −$479.2M (fiscal 2022) to $76.1M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Natera, Inc. ranks 20th of 49 Diagnostics & Research companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $76.1M 29.56%
FY2024 $58.7M —
FY2023 −$286.2M —
FY2022 −$479.2M —
FY2021 −$376.3M —
FY2020 −$202.1M —
FY2019 −$68.4M —
FY2018 −$74.5M —
FY2017 −$107.7M —
FY2016 −$97.2M —

Quarterly newest first

Period Free cash flow Change
Sep 2026 $5.3M —
Jun 2026 −$8.6M —
Mar 2026 $18.0M (52.31%)
Dec 2025 $37.8M 2.26%
43 more quarters

Against its own ten years

Low −$479.2M High $76.1M
Ten-year median −$97.2M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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