Services-Medical Laboratories · SIC 8071

Natera, Inc.

NTRA

Watch

Latest revenue

$696.6M

as of 2026-03-31

Latest net income

$-85.1M

as of 2026-03-31

Net margin

-12.2%

as of 2026-03-31

Price · 5Y

+16.7% / yr 2.9 pts / yr vs S&P 500 115.8% total
Compare:

Live market

delayed ≤15 min
$203.19
0.25%
Market cap
$29.10B
Enterprise value
$29.10B
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$256.36
52-wk low
$131.81
Beta
Shares out
143.2M

5-year trend

What this company does

AI

Item 1.BUSINESS Note: A glossary of terms used in this Form 10-K appears at the end of this Item 1. Overview We are a diagnostics company with proprietary molecular and bioinformatics technology that we are applying to change disease management worldwide. Our cell-free DNA, or cfDNA, technology combines our novel molecular assays, which reliably measure many informative regions across the genome from samples as small as a single cell, with our statistical algorithms that incorporate data available from the broader scientific community to identify genetic variations covering a wide range of serious conditions with high accuracy and coverage. We aim to make personalized genetic testing and…

AI summary unavailable — showing raw filing excerpt

Generated from NTRA's filing dated 2026-02-27

Key risks

AI

ITEM 1A.RISK FACTORS ​ Investing in our common stock involves a high degree of risk. You should consider carefully the risks and uncertainties described below, together with all of the other information in this report, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes, before investing in our common stock. The risks and uncertainties described below are not the only ones we face. If any of the following risks actually occurs, our business, financial condition, results of operations and prospects could be materially and adversely affected. In that event, the price of…

AI summary unavailable — showing raw filing excerpt

Generated from NTRA's filing dated 2026-02-27

Profitability

Operating margin

-13.4%

2.6%

Net margin

-9.0%

19.6%

Return on equity

-12.2%

23.7%

Return on assets

-8.7%

24.3%

Leverage

Debt / equity

0.40×

2.9%

Long-term debt / equity

0.37×

7.4%

Debt / assets

28.6%

2.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$696.6M+38.8%$-85.1M-27.1%-12.2%

Q4 2025

2025-12-31

$665.5M+39.8%$47.3M+187.9%7.1%

Q3 2025

2025-09-30

$592.2M+34.7%$-87.5M-177.1%-14.8%

Q2 2025

2025-06-30

$546.6M+32.2%$-100.9M-169.4%-18.5%

Q1 2025

2025-03-31

$501.8M+36.5%$-66.9M+1.0%-13.3%

Q4 2024

2024-12-31

$476.1M$-53.8M-11.3%

Q3 2024

2024-09-30

$439.8M+63.9%$-31.6M+71.0%-7.2%

Q2 2024

2024-06-30

$413.4M+58.1%$-37.5M+66.2%-9.1%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Medical Laboratories · SIC 8071

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Insider activity

Insider buying

$0

Insider selling

$260.7M

Net activity

−$260.7M

Distinct insiders

12

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-13

Jonathan Sheena

Director

Sale85$199.52$17.0K
2026-05-13

Jonathan Sheena

Director

Sale345$201.11$69.4K
2026-05-13

Jonathan Sheena

Director

Sale290$202.58$58.7K
2026-05-13

Jonathan Sheena

Director

Sale30$202.84$6.1K
2026-05-13

Jonathan Sheena

Director

Sale96$199.43$19.1K
2026-05-13

Jonathan Sheena

Director

Sale360$201.19$72.4K
2026-05-13

Jonathan Sheena

Director

Sale285$202.68$57.8K
2026-05-13

Jonathan Sheena

Director

Sale9$203.29$1.8K
2026-05-08

Jonathan Sheena

Director

Sale200$205.43$41.1K
2026-05-08

Jonathan Sheena

Director

Sale900$207.24$186.5K
2026-05-08

Jonathan Sheena

Director

Sale700$208.13$145.7K
2026-05-08

Jonathan Sheena

Director

Sale200$209.57$41.9K
2026-05-08

Jonathan Sheena

Director

Sale1,150$210.34$241.9K
2026-05-05

Matthew Rabinowitz

EXECUTIVE CHAIRMAN

Sale2,887$206.77$596.9K
2026-05-05

Matthew Rabinowitz

EXECUTIVE CHAIRMAN

Sale1,454$241.39$351.0K
2026-05-05

Matthew Rabinowitz

EXECUTIVE CHAIRMAN

Sale1,697$206.77$350.9K
2026-05-05

Matthew Rabinowitz

EXECUTIVE CHAIRMAN

Sale948$205.22$194.5K
2026-05-04

Matthew Rabinowitz

EXECUTIVE CHAIRMAN

Sale722$206.16$148.8K
2026-05-04

Michael Burkes Brophy

CHIEF FINANCIAL OFFICER

Sale482$210.49$101.5K
2026-05-01

Michael Burkes Brophy

CHIEF FINANCIAL OFFICER

Sale313$206.16$64.5K
2026-05-01

Jonathan Sheena

Director

Sale107$206.16$22.1K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale405$206.16$83.5K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale560$200.95$112.5K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale520$201.60$104.8K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale505$203.32$102.7K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale865$204.47$176.9K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale400$205.31$82.1K
2026-05-01

Solomon Moshkevich

PRESIDENT, CLINICALDIAGNOSTICS

Sale150$206.93$31.0K
2026-05-01

John Fesko

PRESIDENT, CHIEF BUS. OFFICER

Sale291$206.16$60.0K
2026-05-01

Steven Leonard Chapman

CEO AND PRESIDENT

Sale902$206.16$186.0K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns NTRA

Institutional value

$12.14B

Total shares held

62.4M

Distinct holders

495

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1JPMORGAN CHASE & CO13.4M$2.50BNew
2BlackRock, Inc.10.7M$2.14BNew
3VANGUARD CAPITAL MANAGEMENT LLC6.0M$1.20BNew
4VANGUARD PORTFOLIO MANAGEMENT LLC5.6M$1.13BNew
5FRANKLIN RESOURCES INC2.5M$497.0MNew
6Capital World Investors1.5M$293.6MNew
7Invesco Ltd.1.3M$251.7MNew
8FEDERATED HERMES, INC.1.1M$218.0MNew
9Clearbridge Investments, LLC893.3K$178.7MNew
10VANGUARD FIDUCIARY TRUST CO872.6K$174.5MNew
11WESTFIELD CAPITAL MANAGEMENT CO LP754.7K$150.9MNew
12UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC752.9K$150.6MNew
13Sumitomo Mitsui Trust Group, Inc.692.4K$138.5MNew
14ARK Investment Management LLC684.3K$136.8MNew
15Bank of New York Mellon Corp669.7K$133.9MNew
16FIRST TRUST ADVISORS LP528.8K$105.8MNew
17Legal & General Group Plc498.1K$99.6MNew
18AGF MANAGEMENT LTD491.3K$98.2MNew
19Nuveen, LLC474.6K$94.9MNew
20Allspring Global Investments Holdings, LLC463.5K$94.2MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once NTRA's latest filing finishes processing.