Natera, Inc.NTRA

NasdaqHealthcareServices-Medical Laboratories
Price (close)
$408.79
Market cap
$58.9B
P/E
—
Revenue (TTM)
$2.7B
Net income
-$192.3M
Dividend yield
—
1-year total return
149.8%
Net margin
-7.1%
Revenue growth
37.8%
Debt / equity
0.04x

What Natera, Inc. does.

We are a diagnostics company with proprietary molecular and bioinformatics technology that we are applying to change disease management worldwide. Our cell-free DNA, or cfDNA, technology combines our novel molecular assays, which reliably measure many informative regions across the genome from samples as small as a single cell, with our statistical algorithms that incorporate data available from the broader scientific community to identify genetic variations covering a wide range of serious conditions with high accuracy and coverage. We aim to make personalized genetic testing and diagnostics part of the standard of care to protect health and inform earlier and provide more targeted interventions that help lead to longer, healthier lives.

We focus on applying our technology to three main areas of healthcare – oncology, women’s health, and organ health. Since 2009, we have launched a comprehensive suite of products to improve patient care outcomes in these areas. In oncology, we commercialize personalized blood-based DNA tests designed to optimize therapy decisions from diagnosis to survivorship. In the women’s health space, we develop and commercialize non- or minimally- invasive tests to support a range of women’s health needs, from prenatal testing to hereditary cancer screening. In organ health, we offer tests to assess kidney, heart, and lung transplant rejection as well as genetic testing for chronic kidney disease. We intend to continue to enhance our existing products, expand our product portfolio, and launch new products in the future. In addition to our direct sales force in the United States, we have a global network of over 100 laboratory and distribution partners, including several of the largest international laboratories. We are committed to generating peer-reviewed clinical evidence for our tests, with over 350 peer-reviewed publications as of December 31, 2025, and to maintaining a strong intellectual property portfolio, with over 650 issued or pending patents as of December 31, 2025.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$391.0M$625.5M$820.2M$1.1B$1.7B$2.3B
Net income-$229.7M-$471.7M-$547.8M-$434.8M-$190.4M-$208.2M
Free cash flow-$202.1M-$376.3M-$479.2M-$286.2M$69.2M$109.1M

More on NTRA.

Figures from Natera, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.