Natera, Inc. (NTRA) quarterly income statement — complete revenue, gross profit & net income history
Natera, Inc. (NTRA) annual income statement — 14-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 752.75M | 696.64M | 665.5M | 592.18M | 546.6M | 501.83M | 476.06M | 439.76M | 413.35M | 367.74M | 311.11M | 268.31M | 261.4M | 241.76M | 217.25M | 210.64M | 198.2M | 194.13M | 173.03M | 158.12M |
| Revenue Growth % | 37.71% | 38.82% | 39.79% | 34.66% | 32.24% | 36.46% | 53.02% | 63.9% | 58.13% | 52.11% | 43.2% | 27.38% | 31.89% | 24.53% | 25.56% | 33.22% | 39.55% | 27.45% | 53.97% | 61.11% |
| Cost of Goods Sold | 267.56M | 245.2M | 218.68M | 207.8M | 199.53M | 184.61M | 176.42M | 168.01M | 170.18M | 159.14M | 151.25M | 147.31M | 143.15M | 148.12M | 127.29M | 116.51M | 109.24M | 103.22M | 94.12M | 81.37M |
| COGS % of Revenue | 35.54% | 35.2% | 32.86% | 35.09% | 36.5% | 36.79% | 37.06% | 38.21% | 41.17% | 43.28% | 48.62% | 54.9% | 54.76% | 61.27% | 58.59% | 55.31% | 55.11% | 53.17% | 54.4% | 51.46% |
| Gross Profit | 485.19M | 451.44M | 446.82M | 384.38M | 347.07M | 317.22M | 299.64M | 271.75M | 243.17M | 208.6M | 159.86M | 121M | 118.25M | 93.63M | 89.96M | 94.13M | 88.96M | 90.92M | 78.91M | 76.75M |
| Gross Margin % | 64.46% | 64.8% | 67.14% | 64.91% | 63.5% | 63.21% | 62.94% | 61.79% | 58.83% | 56.73% | 51.38% | 45.1% | 45.24% | 38.73% | 41.41% | 44.69% | 44.89% | 46.83% | 45.6% | 48.54% |
| Gross Profit Growth % | 39.8% | 42.31% | 49.12% | 41.45% | 42.73% | 52.07% | 87.44% | 124.59% | 105.63% | 122.79% | 77.7% | 28.55% | 32.93% | 2.99% | 14.01% | 22.65% | 34.97% | 6.33% | 50.31% | 65.68% |
| Operating Expenses | 560.98M | 544.96M | 469.6M | 481.96M | 457.44M | 396.39M | 364.38M | 311.08M | 287.07M | 282.92M | 244.39M | 231.98M | 230.68M | 231.93M | 231.73M | 213.18M | 232.05M | 228.05M | 218.57M | 226.94M |
| OpEx % of Revenue | 74.52% | 78.23% | 70.56% | 81.39% | 83.69% | 78.99% | 76.54% | 70.74% | 69.45% | 76.93% | 78.56% | 86.46% | 88.25% | 95.94% | 106.67% | 101.21% | 117.08% | 117.47% | 126.32% | 143.53% |
| Selling, General & Admin | 327.2M | 327.94M | 291.3M | 308.55M | 310.55M | 266.86M | 234.92M | 214.15M | 197.97M | 194.28M | 161.43M | 154.74M | 152.51M | 149.63M | 143.82M | 147.67M | 149.47M | 147.63M | 146.76M | 128.49M |
| SG&A % of Revenue | 43.47% | 47.07% | 43.77% | 52.1% | 56.81% | 53.18% | 49.35% | 48.7% | 47.89% | 52.83% | 51.89% | 57.67% | 58.34% | 61.89% | 66.2% | 70.1% | 75.41% | 76.05% | 84.82% | 81.26% |
| Research & Development | 228.07M | 210.7M | 175.19M | 173.41M | 146.43M | 129.08M | 129.46M | 96.93M | 89.11M | 88.64M | 82.96M | 77.23M | 78.17M | 82.31M | 87.91M | 65.51M | 82.58M | 80.41M | 71.81M | 98.46M |
| R&D % of Revenue | 30.3% | 30.25% | 26.32% | 29.28% | 26.79% | 25.72% | 27.19% | 22.04% | 21.56% | 24.1% | 26.67% | 28.79% | 29.91% | 34.05% | 40.47% | 31.1% | 41.66% | 41.42% | 41.5% | 62.27% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 0 | 465K | 452K | 0 | 0 | 0 | 0 | 0 | 0 | 341K | 370K | 0 | 0 | 277K | 545K | 0 | 0 |
| Operating Income | -75.79M | -93.52M | -22.79M | -97.58M | -110.37M | -79.18M | -64.74M | -39.34M | -43.9M | -74.31M | -84.54M | -110.98M | -112.43M | -138.3M | -141.77M | -119.05M | -143.09M | -137.13M | -139.67M | -150.2M |
| Operating Margin % | -10.07% | -13.42% | -3.42% | -16.48% | -20.19% | -15.78% | -13.6% | -8.95% | -10.62% | -20.21% | -27.17% | -41.36% | -43.01% | -57.21% | -65.26% | -56.52% | -72.19% | -70.64% | -80.72% | -94.99% |
| Operating Income Growth % | 31.33% | -18.11% | 64.8% | -148.05% | -151.41% | -6.54% | 23.42% | 64.55% | 60.95% | 46.27% | 40.37% | 6.78% | 21.43% | -0.85% | -1.51% | 20.74% | -24.1% | -117.61% | -88.82% | -169.28% |
| EBITDA | -54.6M | -73.29M | -8.69M | -87.72M | -100.51M | -69.94M | -56.95M | -31.14M | -35.99M | -63.66M | -74.12M | -100.44M | -103.66M | -129.42M | -134.06M | -110.57M | -135.11M | -130.82M | -136.67M | -144.45M |
| EBITDA Margin % | -7.25% | -10.52% | -1.31% | -14.81% | -18.39% | -13.94% | -11.96% | -7.08% | -8.71% | -17.31% | -23.82% | -37.43% | -39.65% | -53.53% | -61.71% | -52.5% | -68.17% | -67.39% | -78.99% | -91.36% |
| EBITDA Growth % | 45.67% | -4.79% | 84.74% | -181.7% | -179.3% | -9.87% | 23.16% | 69% | 65.28% | 50.81% | 44.71% | 9.17% | 23.28% | 1.07% | 1.91% | 23.45% | -22.94% | -126.35% | -90.96% | -169.51% |
| D&A (Non-Cash Add-back) | 21.19M | 20.23M | 14.1M | 9.86M | 9.86M | 9.24M | 7.79M | 8.2M | 7.92M | 10.66M | 10.42M | 10.54M | 8.77M | 8.88M | 7.71M | 8.48M | 7.98M | 6.31M | 3M | 5.75M |
| EBIT | -66.34M | -85.7M | -6.18M | -86.29M | -99.63M | -65.76M | -53.83M | -27.72M | -33.45M | -64.05M | -74.69M | -105.58M | -107.91M | -133.72M | -139.4M | -118.97M | -142.81M | -136.33M | -138.51M | -148.92M |
| Net Interest Income | 8.56M | 8.71M | 17.01M | 10.24M | 9.71M | 12.41M | 9.61M | 8.48M | 7.33M | 7.14M | 6.7M | 2.15M | 1.34M | 1.52M | -379K | -2.24M | -1.87M | -1.29M | -928K | -804K |
| Interest Income | 9.45M | 9.6M | 24.16M | 11.28M | 10.74M | 13.42M | 10.91M | 11.62M | 10.46M | 10.27M | 9.84M | 5.41M | 4.52M | 4.58M | 2.37M | 87K | 277K | 801K | 1.15M | 1.27M |
| Interest Expense | 890K | 892K | 7.15M | 1.04M | 1.03M | 1M | 1.29M | 3.14M | 3.13M | 3.12M | 3.15M | 3.25M | 3.18M | 3.06M | 2.75M | 2.33M | 2.15M | 2.09M | 2.08M | 2.08M |
| Other Income/Expense | 8.56M | 8.71M | 9.46M | 10.24M | 9.71M | 12.41M | 9.61M | 8.48M | 7.33M | 7.14M | 6.7M | 2.15M | 1.34M | 1.52M | -379K | -2.24M | -1.87M | -1.29M | -928K | -804K |
| Pretax Income | -67.23M | -84.81M | -13.33M | -87.34M | -100.66M | -66.76M | -55.13M | -30.86M | -36.57M | -67.17M | -77.84M | -108.83M | -111.08M | -136.78M | -142.15M | -121.3M | -144.96M | -138.42M | -140.59M | -151M |
| Pretax Margin % | -8.93% | -12.17% | -2% | -14.75% | -18.42% | -13.3% | -11.58% | -7.02% | -8.85% | -18.27% | -25.02% | -40.56% | -42.5% | -56.58% | -65.43% | -57.58% | -73.14% | -71.3% | -81.26% | -95.5% |
| Income Tax | -261K | 283K | -60.58M | 207K | 275K | 173K | -1.35M | 730K | 892K | 428K | 191K | 202K | -282K | 160K | 421K | 185K | 193K | 179K | -30K | 272K |
| Effective Tax Rate % | 0.39% | -0.33% | 454.63% | -0.24% | -0.27% | -0.26% | 2.46% | -2.37% | -2.44% | -0.64% | -0.25% | -0.19% | 0.25% | -0.12% | -0.3% | -0.15% | -0.13% | -0.13% | 0.02% | -0.18% |
| Net Income | -66.97M | -85.09M | 47.26M | -87.54M | -100.94M | -66.94M | -53.77M | -31.59M | -37.46M | -67.6M | -78.03M | -109.03M | -110.8M | -136.94M | -142.57M | -121.48M | -145.15M | -138.59M | -140.56M | -151.27M |
| Net Margin % | -8.9% | -12.21% | 7.1% | -14.78% | -18.47% | -13.34% | -11.29% | -7.18% | -9.06% | -18.38% | -25.08% | -40.64% | -42.39% | -56.64% | -65.63% | -57.67% | -73.23% | -71.39% | -81.24% | -95.67% |
| Net Income Growth % | 33.65% | -27.12% | 187.89% | -177.11% | -169.43% | 0.98% | 31.09% | 71.02% | 66.19% | 50.63% | 45.27% | 10.25% | 23.66% | 1.2% | -1.43% | 19.69% | -25.1% | -117.05% | -83.96% | -159.37% |
| Net Income (Continuing) | -66.97M | -85.09M | 47.26M | -87.54M | -100.94M | -66.94M | -53.77M | -31.59M | -37.46M | -67.6M | -78.03M | -109.03M | -110.8M | -136.94M | -142.57M | -121.48M | -145.15M | -138.59M | -140.56M | -151.27M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.47 | -0.60 | 0.35 | -0.64 | -0.74 | -0.50 | -0.41 | -0.26 | -0.30 | -0.56 | -0.65 | -0.95 | -0.97 | -1.23 | -1.45 | -1.25 | -1.50 | -1.45 | -1.52 | -1.63 |
| EPS Growth % | 36.49% | -20% | 185.37% | -146.15% | -146.67% | 10.71% | 36.92% | 72.63% | 69.07% | 54.47% | 55.17% | 24% | 35.33% | 15.17% | 4.61% | 23.31% | -13.64% | -95.95% | -61.7% | -126.39% |
| EPS (Basic) | -0.47 | -0.60 | 0.35 | -0.64 | -0.74 | -0.50 | -0.41 | -0.26 | -0.30 | -0.56 | -0.65 | -0.95 | -0.97 | -1.23 | -1.45 | -1.25 | -1.50 | -1.45 | -1.52 | -1.63 |
| Diluted Shares Outstanding | 143.28M | 141.5M | 136.72M | 137.19M | 136.39M | 134.75M | 124.72M | 123.78M | 122.85M | 120.81M | 119.3M | 115.17M | 113.69M | 111.77M | 98.41M | 97.05M | 96.58M | 95.58M | 92.56M | 92.56M |
| Basic Shares Outstanding | 143.28M | 141.5M | 136.72M | 137.19M | 136.39M | 134.75M | 124.72M | 123.78M | 122.85M | 120.81M | 119.3M | 114.77M | 113.69M | 111.33M | 98.41M | 97.05M | 96.58M | 95.58M | 92.56M | 92.56M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |