FN2 Earnings Intelligence
Natera, Inc. cash flow
Natera, Inc. (NTRA) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $84.4 | $466 | $642.1 | $945.6 | $1,076.1 |
| + Debt | $330.4 | $362 | $363.3 | $363.3 | - |
| Enterprise Value | - | - | - | - | - |
| Revenue | $625.5 | $820.2 | $1,082.6 | $1,696.9 | $2,306.1 |
| % Growth | 60.0% | 31.1% | 32.0% | 56.7% | 35.9% |
| Gross Profit | $322.8 | $366.6 | $494 | $1,023.2 | $1,493.2 |
| % Margin | 51.6% | 44.7% | 45.6% | 60.3% | 64.7% |
| EBITDA | -$456.9 | -$524.3 | -$422.1 | -$191.3 | -$268.1 |
| % Margin | -73.1% | -63.9% | -39.0% | -11.3% | -11.6% |
| Net Income | -$471.7 | -$547.8 | -$434.8 | -$190.4 | -$208.2 |
| % Margin | -75.4% | -66.8% | -40.2% | -11.2% | -9.0% |
| Diluted EPS | -$5.21 | -$5.57 | -$3.78 | -$1.53 | -$1.52 |
| % Growth | - | -6.9% | 32.1% | 59.5% | 0.7% |
| Operating Cash Flow | -$335.2 | -$431.5 | -$247 | $135.7 | $215.3 |
| CapEx | $41 | $47.7 | $39.2 | $66.4 | $106.2 |
| Free Cash Flow | -$376.3 | -$479.2 | -$286.2 | $69.2 | $109.1 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue | $625.5 | $820.2 | $1,082.6 | $1,696.9 | $2,306.1 |
| Gross Profit | $322.8 | $366.6 | $494 | $1,023.2 | $1,493.2 |
| EBITDA | -$456.9 | -$524.3 | -$422.1 | -$191.3 | -$268.1 |
| Net Income | -$471.7 | -$547.8 | -$434.8 | -$190.4 | -$208.2 |
| Diluted EPS | -$5.21 | -$5.57 | -$3.78 | -$1.53 | -$1.52 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $84.4 | $466 | $642.1 | $945.6 | $1,076.1 |
| Short-term Debt | $50.1 | $80.4 | $80.4 | $80.4 | $80.3 |
| Long-term Debt | $280.4 | $281.7 | $282.9 | $282.9 | - |
| Total Debt | $330.4 | $362 | $363.3 | $363.3 | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$335.2 | -$431.5 | -$247 | $135.7 | $215.3 |
| Capital Expenditure | $41 | $47.7 | $39.2 | $66.4 | $106.2 |
| Free Cash Flow | -$376.3 | -$479.2 | -$286.2 | $69.2 | $109.1 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 60.0% | 31.1% | 32.0% | 56.7% | 35.9% |
| Gross Margin | 51.6% | 44.7% | 45.6% | 60.3% | 64.7% |
| EBITDA Margin | -73.1% | -63.9% | -39.0% | -11.3% | -11.6% |
| Net Margin | -75.4% | -66.8% | -40.2% | -11.2% | -9.0% |
| FCF Margin | -60.2% | -58.4% | -26.4% | 4.1% | 4.7% |
| Diluted EPS Growth | - | -6.9% | 32.1% | 59.5% | 0.7% |
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