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
Follow NTRA
Alert me
Natera, Inc. (NTRA) Operating margin
Natera, Inc.'s operating margin over the twelve months to 30 September 2026 was −8.95%, up 4.5 percentage points from fiscal 2025 (−13.4%). Over the past ten years it has ranged from −74.9% (fiscal 2021) to −13.1% (fiscal 2024); the current reading is higher than 91% of that period. That is below the Diagnostics & Research industry median of −5.68% and below the Healthcare sector median of 0.00%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −13.4% | (0.34) |
| FY2024 | −13.1% | 28.12 |
| FY2023 | −41.2% | 24.74 |
| FY2022 | −66.0% | 8.89 |
| FY2021 | −74.9% | (19.54) |
| FY2020 | −55.3% | (16.85) |
| FY2019 | −38.5% | 6.03 |
| FY2018 | −44.5% | 20.07 |
| FY2017 | −64.6% | (17.01) |
| FY2016 | −47.6% | (16.12) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | −8.60% | 1.47 |
| Jun 2026 | −10.1% | 3.35 |
| Mar 2026 | −13.4% | (10.00) |
| Dec 2025 | −3.42% | 13.06 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| IDXX IDEXX Laboratories, Inc. compare | 32.3% |
| MTD Mettler-Toledo International, Inc. compare | 28.4% |
| A Agilent Technologies, Inc. compare | 22.2% |
| ILMN Illumina, Inc. compare | 21.2% |
| DGX Quest Diagnostics Incorporated compare | 14.6% |
| IQV IQVIA Holdings Inc. compare | 12.8% |
| LH Labcorp Holdings Inc. compare | 10.3% |
| WAT Waters Corporation compare | 4.73% |
| NTRA Natera, Inc. | −8.95% |
| Diagnostics & Research industry median | −5.68% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NTRA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement