NTRA (Natera, Inc.) Stock Financials & Earnings

NTRANatera, Inc.

Mkt Cap$29B

Revenue (TTM)$2.3B

Net Income (TTM)-$208M

EPS (TTM)-$1.53

Free Cash Flow (TTM)$97M

Gross Margin64.8%

Op. Margin-13.4%

Net Margin-9.0%

FCF Margin4.2%

P/S Ratio (TTM)12.5x

P/E Ratio (TTM)—

YoY Rev Growth+35.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$242M	$94M	-$138M
Q2 23	$261M	$118M	-$112M
Q3 23	$268M	$121M	-$111M
Q4 23	$311M	$160M	-$85M
Q1 24	$368M	$209M	-$74M
Q2 24	$413M	$243M	-$44M
Q3 24	$440M	$272M	-$39M
Q4 24	$476M	$300M	-$65M
Q1 25	$502M	$317M	-$79M
Q2 25	$547M	$347M	-$110M
Q3 25	$592M	$384M	-$98M
Q4 25	$666M	$447M	-$23M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Licensing and other	Product	Royalty
Q1 23	$4M	$238M	$600K
Q1 24	$3M	$365M	—
Q2 24	$2M	$411M	—
Q3 24	$4M	$436M	—
Q1 25	$2M	$500M	—
Q2 25	$2M	$544M	—
Q3 25	$2M	$590M	—
Q4 25	$4M	$661M	—

Revenue by Geography

Quarter	Americas, excluding U.S.	Asia Pacific and Other	Europe, Middle East, India, Africa	United States
Q1 23	$1M	$2M	$5M	$233M
Q2 23	$1M	$1M	$6M	$253M
Q3 23	$1M	$2M	$5M	$260M
Q4 23	$1M	$2M	$7M	$301M
Q1 24	$1M	$2M	$5M	$359M
Q2 24	$2M	$1M	$5M	$405M
Q3 24	$2M	$4M	$8M	$426M
Q4 24	$2M	$2M	$6M	$467M
Q1 25	$2M	$2M	$6M	$492M
Q2 25	$2M	$2M	$5M	$538M
Q3 25	$2M	$2M	$6M	$582M
Q4 25	$5M	$2M	—	$652M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$403M	$409M	$812M
Q2 23	$381M	$355M	$736M
Q3 23	$669M	$268M	$937M
Q4 23	$642M	$237M	$879M
Q1 24	$814M	$69M	$883M
Q2 24	$797M	$90M	$887M
Q3 24	$893M	$29M	$922M
Q4 24	$946M	$23M	$968M
Q1 25	$974M	$18M	$992M
Q2 25	$1.0B	$16M	$1.0B
Q3 25	$1.0B	$1M	$1.0B
Q4 25	$1.1B	$0	$1.1B

Shares Outstanding

Revenue Per Employee

Revenue / Employee