logo

NTRA

Natera·NASDAQ
--
--(--)
--
--(--)

NTRA fundamentals

Natera (NTRA) released its earnings on Feb 26, 2026: revenue was 665.50M (YoY +39.78%), beat estimates; EPS was 0.36 (YoY +187.80%), beat estimates.
Revenue / YoY
665.50M
+39.78%
EPS / YoY
0.36
+187.80%
Report date
Feb 26, 2026
NTRA Earnings Call Summary for Q4,2025

Key Takeaways:

  • Revenue Growth: Q4 2025 revenue of $666 million (+40% YoY), with 2026 guidance of $2.62–$2.7 billion.
  • Gross Margin Expansion: Q4 gross margin 66.9%, 2026 target 63–65% driven by COGS savings and ASP gains.
  • Product Innovation: Launch of Latitude (tissue-free MRD) and Fetal Focus (21-gene NIPT) fueling growth. Phase variant technology enables ultra-sensitive MRD detection.
  • Strategic Investments: Japan launch in late 2026, R&D focus on early cancer detection, and clinical trials in new histologies.
  • Financial Strength: $1 billion cash, 2025 cash flow of $107 million, and 2026 OpEx growth of 9.5% at midpoint.
EPS
Q2,undefined
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
-0.45-0.75-0.72-0.89-0.74-1.32-1.63-1.48-1.45-1.5-1.25-1.37-1.23-0.97-0.95-0.65-0.56-0.3-0.26-0.41-0.5-0.74-0.640.36
Forecast
-0.5633-0.5917-0.6789-0.622-1.0156-1.1235-1.2926-1.3093-1.487-1.4996-1.4412-1.4218-1.1553-1.0877-0.9577-0.7699-0.7052-0.6887-0.5746-0.3812-0.6405-0.6155-0.3857-0.5121
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+20.11%
-26.75%
-6.05%
-43.09%
+27.14%
-17.49%
-26.10%
-13.04%
+2.49%
-0.03%
+13.27%
+3.64%
-6.47%
+10.82%
+0.80%
+15.57%
+20.59%
+56.44%
+54.75%
-7.56%
+21.94%
-20.23%
-65.93%
+170.30%
Revenue
Q2,undefined
Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
----------------------94.01M86.47M98.14M112.40M152.30M142.03M158.12M173.00M194.13M198.20M210.64M217.30M241.76M261.40M268.31M311.10M367.74M413.35M439.76M476.10M501.83M546.60M592.18M665.50M
Forecast
----------------------85.06M73.11M87.26M106.61M114.37M128.78M151.89M168.59M176.56M193.67M206.66M215.57M227.13M241.67M259.27M300.00M316.31M343.00M361.43M435.64M446.23M476.26M513.45M604.04M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+10.52%
+18.28%
+12.47%
+5.43%
+33.17%
+10.28%
+4.10%
+2.62%
+9.95%
+2.34%
+1.93%
+0.80%
+6.44%
+8.17%
+3.48%
+3.70%
+16.26%
+20.51%
+21.67%
+9.29%
+12.46%
+14.77%
+15.33%
+10.18%

Earnings Call