Natera, Inc.

Natera, Inc.

NTRAยทNASDAQ

$211.85

-0.41%
HealthcareMedical - Diagnostics & Research

Natera, Inc., a diagnostics company, develops and commercializes molecular testing services worldwide. It offers Panorama, a non-invasive prenatal test that screens for chromosomal abnormalities of a fetus with a blood draw from the mother, as well as twin pregnancies for zygosity; Vistara, a single-gene mutations screening test to identify single-gene disorder; Horizon carrier screening to determine carrier status for various genetic diseases; and Spectrum to identify chromosomal anomalies or inherited genetic conditions during an in vitro fertilization cycle. The company also provides Anora miscarriage test products to analyze fetal chromosomes to understand the cause of miscarriage; and non-invasive paternity testing products to determine paternity by gestation using a blood draw from the pregnant mother and alleged father. In addition, it offers Constellation, a cloud-based software product that enables laboratory customers to gain access through the cloud to the company's algorithms and bioinformatics in order to validate and launch tests; Signatera, a circulating tumor DNA technology that screen for a generic set of mutations independent of an individual's tumor; and Prospera used to assess organ transplant rejection. The company offers products through its direct sales force, as well as through a network of approximately 100 laboratory and distribution partners. It has a partnership agreement with BGI Genomics Co., Ltd. to develop, manufacture, and commercialize NGS-based genetic testing assays; and Foundation Medicine, Inc. to develop and commercialize personalized circulating tumor DNA monitoring assays. The company was formerly known as Gene Security Network, Inc. and changed its name to Natera, Inc. in 2012. Natera, Inc. was founded in 2003 and is based in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$30.34B
EPS-1.5200
P/E Ratio-139.37
Earnings Date08/06/2026
3Y-150.0%
5Y-218.0%
10Y-391.0%
3Y-140.0%
5Y-60.0%
10Y-381.0%
3Y-90.0%
5Y-91.0%
10Y+260.0%
NTRA

Natera, Inc. Cash Conversion Engine

NTRA ยท NASDAQ
Net Income-208.16M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital70.84M
Others352.62M
Capital Expenditures-106.19M
Free Cash Flow109.11M

Cash Flow Quality Analysis

FCF Conversion Rate

-52.4%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

49.3%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

+57.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$70.84M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Natera, Inc. Cash Flow Statement

NTRA โ€ข NASDAQ

Natera, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
OPERATING ACTIVITIES
-208.2M
-190.4M
-434.8M
-547.8M
-471.7M
-229.7M
-124.8M
-128.2M
-137.6M
-100.3M
-70.3M
-5.2M
-37.1M
-76.2M
0.0
31M
24.1M
16.7M
11.3M
8.6M
7.7M
7.5M
7.1M
6.2M
5.5M
5.1M
2.5M
723K
0.0
274.4M
191.8M
152.4M
115.2M
50.2M
28.6M
14.2M
11.4M
10.6M
7.3M
5.2M
1.7M
605K
352.6M
18.6M
19.9M
30.4M
55.6M
27.6M
-2.2M
8.7M
1.6M
7.2M
10.2M
1.9M
10.6M
60.5M
(0.0)
(1.3M)
(295K)
(549K)
(283K)
(67K)
(2.2M)
(332K)
(177K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
70.8M
2.1M
-48M
-83.2M
-45.6M
-39.1M
27.2M
27.2M
19.6M
2.3M
9.4M
3.4M
-1.8M
-1.6M
215.3M
135.7M
-247M
-431.5M
-335.2M
-182.5M
-63.4M
-70.6M
-97.8M
-74.1M
-37.8M
10.5M
-24.1M
-14.9M
INVESTING ACTIVITIES
-139.2M
-66.4M
-39.2M
-47.7M
-41M
-19.6M
-5M
-3.9M
-9.9M
-23.1M
-7.9M
-10M
-8.2M
-4.6M
-16M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(9.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-124.7M
-98.3M
-86.9M
-876.1M
-685.2M
-446.6M
-170.3M
-272.8M
-53.5M
-203.3M
(0.0)
(0.0)
(0.0)
23M
339.2M
306M
465M
720.5M
373.4M
175.6M
169M
296.5M
123.7M
0.0
0.0
0.0
0.0
0.0
-10.5M
0.0
0.0
-8.6M
0.0
0.0
0.0
0.0
0.0
463K
15K
0.0
0.0
-132.2M
(137.6M)
(168.5M)
(330.3M)
-205.2M
-331.5M
-266.4M
-5.2M
(13.8M)
(47M)
-210.7M
-9.9M
-8.2M
-4.6M
FINANCING ACTIVITIES
47.5M
30.3M
254.5M
452.6M
576.2M
301.3M
340.8M
113.7M
5.7M
6.2M
181.3M
53.9M
33.3M
38K
0.0
-82K
0.0
30M
0.0
199.6M
0.0
0.0
75M
7M
9M
2.6M
25.2M
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-27K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-287K
0.0
-6K
-415K
-1.4M
15K
47.5M
30.2M
254.5M
482.6M
576.2M
500.8M
340.8M
113.7M
80.4M
13.2M
190.3M
56.1M
57.1M
53K
CASH FLOW SUMMARY
130.6M
303.5M
176M
381.5M
35.8M
-13.1M
11M
38M
-3.7M
-13.8M
-58.2M
56.7M
24.7M
-19.4M
945.6M
642.1M
466.1M
84.6M
48.9M
62M
51M
13M
16.7M
30.5M
87.2M
30.5M
5.7M
25.2M
1.1B
945.6M
642.1M
466.1M
84.6M
48.9M
62M
51M
13M
16.7M
28.9M
87.2M
30.5M
5.7M
109.1M
69.2M
-286.2M
-479.2M
-376.3M
-202.1M
-68.4M
-74.5M
-106.7M
-97M
-45.7M
533K
-32.4M
-19.5M

SEC Filings

NTRA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 23, 2026
June 11, 2026
2026
8-K

8-K 2026

N/A

April 01, 2026
March 26, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 12, 2026
January 11, 2026
2026
S-3

S-3

N/A

December 05, 2025
December 05, 2025
ย 
8-K

8-K 2025

N/A

December 05, 2025
December 04, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
Showing 1 to 10 of 172 filings