The Tip Desk

Natera, Inc.

Company Stats

Market Cap
$59.6B
as of Sep 30, 2026
Shares Outstanding
144.1M
Free Float
87.5%

Income Statement

Revenue
$2.3B
Operating Income
-$309.9M
Net Income
-$208.2M
EBITDA
-$268.1M
Revenue Growth, 3Y
41.1%
FCF Margin, 3Y Avg
-5.9%
FCF Margin, Worst Year
-26.4%

Cash Flow

Free Cash Flow
$109.1M
FCF Yield
0.2%
Owner FCF Yield
-0.4%

Returns & Capital

SBC, 3Y Avg
$273.5M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$2.3B$109.1M4.7%
FY2024$1.7B$69.2M4.1%
FY2023$1.1B-$286.2M-26.4%
FY2022$820.2M-$479.2M-58.4%
FY2021$625.5M-$376.3M-60.2%

Annual filing data through FY ended December 31, 2025; shares and float as of November 1, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage