Natera, Inc.

Natera, Inc.

NTRA
Natera, Inc.US flagNASDAQ Global Select
211.85
USD
-0.88
- -
30.34BMarket Cap
Natera, Inc.
NTRA
(NASDAQ Global Select)

Recent

price

211.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.5
4.34
7.26
4.12
3.93
4.45
4.35
4.83
6.91
8.33
9.41
13.61
- -
18.08
Revenue per Share
-1.01
-0.14
-2.68
-1.95
-2.58
-2.22
-1.79
-2.84
-5.21
-5.57
-3.78
-1.53
- -
-1.64
Basic EPS, GAAP
-0.88
0.01
-1.74
-1.88
-2.02
-1.29
-0.98
-2.49
-4.15
-4.87
-2.49
0.47
- -
0.52
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-4.76
-4.9
-9.54
-6.71
-8.37
-9.93
-10.05
-11.47
-15.4
-19.74
-20.67
-20.59
- -
-20.68
Book Value per Share
-4.68
-4.67
7.05
2.06
0.48
0.56
4.01
6
7.21
7.17
6.66
9.5
- -
9.15
Tangible Book Value per Share
37
37
26
52
53
58
70
81
91
98
115
125
- -
138
Basic Weighted Avg Shares
55
159
190
213
210
258
302
391
625
820
1,083
1,697
2,306
2,501
Sales/Revenue/Turnover
-45.8
0.42
-31.43
-47.55
-64.56
-44.49
-43.22
-55.31
-74.85
-65.96
-41.22
-13.1
-13.44
-12.97
Operating Margin (%)
3
5
6
6
7
8
8
9
11
17
24
31
43
54
Depreciation Expense
-37
-5
-70
-100
-138
-128
-125
-230
-472
-548
-435
-190
-208
-226
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-67.26
-3.23
-36.92
-47.21
-65.65
-49.74
-41.29
-58.76
-75.42
-66.79
-40.16
-11.22
-9.03
-9.05
Profit Margin (%)
26
77
170
78
75
127
343
664
874
901
951
1,032
1,056
1,094
Working Capital
22
24
- -
- -
73
73
100
224
341
358
350
97
118
145
LT Debt
-172
-171
185
106
25
32
279
486
653
706
765
1,195
1,712
1,774
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
94
96
95
LT Borrowings
- -
- -
- -
LT Finance Leases
104
118
145
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
138
140
143
Market Capitalization
21,909
31,181
27,670

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,447
1,497
1,652
Cash, Cash Equivalents & STI
1,042
1,076
1,088
Accounts Receivable, Net
286
297
418
Inventories
65
68
71
Total Current Liabilities
442
441
558
Payables & Accruals
238
218
273
ST Debt
94
96
95
Deferred Revenue
22
25
37

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
89.94%
30.06%
43.25%
Free Cash Flow
26.23%
-3.55%
29.56%
Net Income, GAAP
20.84%
10.79%
9.31%
Sales/Revenue/Turnover
29.56%
43.15%
35.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
368
413
440
476
1,697
2025
502
547
592
665
2,306
2026
697
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.56
-0.3
-0.26
- -
-1.53
2025
-0.5
-0.74
-0.64
- -
- -
2026
-0.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Natera, Inc. (NTRA) is a global leader in cell-free DNA (cfDNA) testing, specializing in noninvasive molecular diagnostics for oncology, women's health, and organ health. Founded in 2004 and headquartered in Austin, Texas, the company operates CAP-accredited and CLIA-certified laboratories in Austin, Texas, and San Carlos, California, with a global presence including facilities in the Netherlands and partnerships extending services to numerous countries worldwide. Natera leverages proprietary technology combining novel molecular biology and bioinformatics to detect genetic material from blood samples, enabling early risk assessment, recurrence detection, and personalized treatment decisions for clinicians and patients. The company's core offerings span women's health tests including Panorama, a non-invasive prenatal test (NIPT) screening for fetal chromosomal abnormalities such as Down syndrome with positive predictive value reporting; Horizon, advanced carrier screening for hundreds of genetic conditions; Vistara, single-gene NIPT for 25 additional conditions; Anora, a miscarriage analysis test; Spectrum, preimplantation genetic testing for IVF embryos; and Empower for hereditary cancer risk. In oncology, Natera provides Signatera, a personalized circulating tumor DNA (ctDNA) test for molecular residual disease (MRD) monitoring, recurrence detection, and treatment response evaluation across cancers like colorectal, bladder, lymphoma, and multiple myeloma; Altera for tumor genomic profiling to identify somatic mutations and clinical trials; Latitude, a tissue-free MRD test; and Empower for germline mutations. Organ health solutions feature Prospera, a donor-derived cfDNA test for kidney transplant rejection assessment. Recent developments include the launch of Signatera Genome, a genome-designed MRD assay achieving Medicare coverage; Latitude Tissue-Free MRD; Fetal Focus single-gene NIPT with an expanded version forthcoming; and a Panorama vanishing twin workflow. Natera raised its 2025 revenue guidance to $2.18-$2.26 billion following strong Q3 2025 results with record revenues and oncology test volume growth of 46.1% year-over-year, alongside plans for seven new MolDX submissions potentially worth $250-$300 million in gross profit. Strategic partnerships with BGI Genomics Co., Ltd. and Foundation Medicine, Inc. enhance genetic testing capabilities and market expansion in precision medicine, while new data from trials like IMvigor011 and upcoming presentations at the 2025 American Society of Hematology meeting underscore ongoing clinical validation.

Company News

APIChat
  • Here's Billionaire Stanley Druckenmiller's Top Holding (Hint: It's Not Alphabet or Nvidia)

  • Natera Appoints Oncology Leaders Drs. Thomas Lynch and Eric Rubin to Board of Directors

  • NTRA & Diakonos Partner to Use Signatera in Refractory Melanoma Trial

  • Why Natera Is My Favorite Stock Idea for the Rest of 2026

  • Natera Announces Collaboration with Diakonos Oncology for Signatera™ in Refractory Melanoma

  • Natera Announces Collaboration with Diakonos Oncology for Signatera™ in Refractory Melanoma

  • Natera to Launch Enhanced Panorama NIPT for Low Fetal Fractions

  • Natera Enrolls First Patients in SIGNAL-ER 101, a Prospective, Interventional Study Evaluating MRD-Guided Therapy in Breast Cancer

  • Baron Health Care Fund Q1 2026 Portfolio Activity

  • Natera: A Growing Biotech, After Recent FDA Approval And Q1 Revenue Results

  • Natera Expands Austin Operations With New Sequencing Facility

  • Natera to Launch Enhanced Panorama™ NIPT, Powered by Novel SNP-Informed Deep Sequencing Technology

  • Natera to Present 35 Studies at ASCO, Extending Clinical Data Leadership in Oncology

  • Natera's EXPAND Trial Enrollment Crosses 2,000 Patient Milestone

  • Natera Announces Expansion in Austin, Creating What Is Believed to Be the Largest Sequencing Facility in the World

  • EXEL Collaborates With MRK for Late-Stage Colorectal Cancer Study

  • EXPAND Trial of Natera's Fetal Focus™ Single-Gene NIPT Surpasses >2,000 Patients Enrolled

  • NTRA's Signatera CDx Wins FDA Nod in Muscle-Invasive Bladder Cancer

  • Signatera™ CDx Approved by the FDA as a Companion Diagnostic in Muscle-Invasive Bladder Cancer (MIBC)

  • AI, Obesity Drugs, and Diagnostics Fuel Healthcare Growth