Natera financials
$414.52+0.67%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $752.8M | $696.6M | $665.5M | $592.2M | $546.6M | $501.8M | $476.1M | $439.8M | $413.4M | $367.7M | $311.1M | $268.3M |
| Gross profit | $485.2M | $450.8M | $445.4M | $384.4M | $346.6M | $316.8M | $299.6M | $271.7M | $243.2M | $208.6M | $159.9M | $121.0M |
| Gross margin | 64.5% | 64.7% | 66.9% | 64.9% | 63.4% | 63.1% | 62.9% | 61.8% | 58.8% | 56.7% | 51.4% | 45.1% |
| Operating income | -$75.8M | -$93.5M | -$22.8M | -$97.6M | -$110.4M | -$79.2M | -$64.7M | -$39.3M | -$43.9M | -$74.3M | -$84.5M | -$111.0M |
| Net income | -$67.0M | -$85.1M | $47.1M | -$87.4M | -$100.9M | -$66.9M | -$56.1M | -$31.0M | -$36.6M | -$67.6M | -$78.0M | -$109.0M |
| Net margin | −8.9% | −12.2% | 7.1% | −14.8% | −18.5% | −13.3% | −11.8% | −7.0% | −8.9% | −18.4% | −25.1% | −40.6% |
| Diluted EPS | $-0.47 | $-0.60 | $0.34 | $-0.64 | $-0.74 | $-0.50 | $-0.43 | $-0.26 | $-0.30 | $-0.56 | $-0.65 | $-0.95 |
| EBITDA | -$54.6M | -$73.3M | -$10.4M | -$87.3M | -$100.5M | -$69.9M | -$57.0M | -$31.1M | -$36.0M | -$67.3M | -$77.6M | -$104.0M |
| Operating cash flow | $54.8M | $40.2M | $73.9M | $59.4M | $37.6M | $44.5M | $52.9M | $51.8M | $4.0M | $27.0M | -$57.6M | -$29.7M |
| Free cash flow | -$8.6M | $18.0M | $37.8M | $37.0M | $11.7M | $22.6M | $34.8M | $35.5M | -$7.7M | $6.7M | -$67.7M | -$38.7M |
| Diluted shares | 143.3M | 141.5M | 138.6M | 137.2M | 136.4M | 134.8M | 131.4M | 123.8M | 122.9M | 120.8M | 119.4M | 115.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.09B | $1.09B | $1.08B | $1.04B | $1.00B | $973.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $1.0M | $16.0M | $17.8M |
| Total debt | $80.3M | $80.3M | $80.3M | $80.3M | $80.3M | $80.3M |
| Total assets | $2.66B | $2.61B | $2.40B | $1.82B | $1.76B | $1.73B |
| Total liabilities | $836.0M | $840.4M | $685.9M | $569.3M | $510.9M | $492.7M |
| Shareholders' equity | $1.82B | $1.77B | $1.71B | $1.25B | $1.25B | $1.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology