Stocktoria
Natera, Inc. NTRA
Natera, Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $1.7B | $1.1B | $820.2M | $625.5M | $391.0M | $302.3M | $257.7M | $210.9M | $217.1M |
| R&D expense | $624.1M | $404.1M | $320.7M | $316.4M | $264.2M | $100.0M | $51.4M | $51.4M | $50.1M | $41.9M |
| SG&A expense | $1.2B | $841.3M | $618.3M | $588.6M | $511.0M | $303.6M | $206.2M | $154.9M | $155.3M | $136.1M |
| Operating income | -$309.9M | -$222.3M | -$446.2M | -$541.0M | -$468.2M | -$216.3M | -$116.3M | -$114.6M | -$135.3M | -$101.0M |
| Interest expense | $4.1M | $10.7M | $12.6M | $9.3M | $8.3M | $15.1M | $10.7M | $10.5M | $4.2M | $533,000 |
| Income tax | -$59.9M | $695,000 | $271,000 | $978,000 | $618,000 | $98,000 | $2.0M | $321,000 | $454,000 | $142,000 |
| Net income | -$208.2M | -$190.4M | -$434.8M | -$547.8M | -$471.7M | -$229.7M | -$124.8M | -$128.2M | -$137.6M | -$100.3M |
| EPS (diluted) | $-1.52 | $-1.53 | $-3.78 | $-5.57 | $-5.21 | $-2.84 | $-1.79 | $-2.22 | $-2.59 | $-1.95 |
| Operating cash flow | $215.3M | $135.7M | -$247.0M | -$431.5M | -$335.2M | -$182.5M | -$63.4M | -$70.6M | -$97.8M | -$74.1M |
| Free cash flow | $109.1M | $69.2M | -$286.2M | -$479.2M | -$376.3M | -$202.1M | -$68.4M | -$74.5M | -$107.7M | -$97.2M |
| Cash & equivalents | — | — | — | $466.0M | $84.4M | $48.7M | $61.9M | $46.4M | $12.6M | $15.3M |
| Inventory | $68.4M | $44.7M | $40.8M | $35.4M | $26.9M | $20.0M | $12.4M | $13.6M | $9.0M | $6.4M |
| Total assets | $2.4B | $1.7B | $1.4B | $1.4B | $1.2B | $932.2M | $582.7M | $268.2M | $214.6M | $210.7M |
| Total liabilities | $685.9M | $465.3M | $676.4M | $688.7M | $583.2M | $445.9M | $303.9M | $236.0M | $189.2M | $104.2M |
| Shareholders' equity | $1.7B | $1.2B | $765.3M | $705.7M | $653.3M | $486.2M | $278.7M | $32.2M | $25.4M | $143.6M |
Growth · year-over-year · Revenue CAGR 30%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +35.9% | +56.7% | +32.0% | +31.1% | +60.0% | +29.3% | +17.3% | +22.1% | -2.8% | +14.0% |
| Free cash flow growth | +57.6% | — | — | — | — | — | — | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.