Natera (NTRA) EBITDA (2014 - 2026)

Natera (NTRA) reported EBITDA of -$85.0 million for Q1 2026, down 27.32% on a YoY basis from -$117.0 million in Q1 2025, and down 280.21% quarter-over-quarter from $47.2 million in Q4 2025.

Natera (NTRA) EBITDA (2014 - 2026) Analysis & Trends

Natera has reported EBITDA for 13 years, with the latest figure at -$85.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 27.32% year-over-year to -$85.0 million; the trailing twelve-month figure through Mar 2026 stood at -$226.3 million (down 20.53% YoY), and the FY2025 full-year result was -$208.1 million, down 10.86% from the prior year.
  • EBITDA for Q1 2026 stood at -$85.0 million, down from $47.2 million in the prior quarter.
  • The five-year high for EBITDA was $47.2 million in Q4 2025, with the low at -$150.2 million in Q1 2022.
  • Historically, EBITDA has averaged -$86.1 million across 5 years, with a median of -$87.4 million in 2025.
  • The largest YoY upside for EBITDA was 188.45% in 2025 against a maximum downside of 182.09% in 2025.
  • Natera's EBITDA stood at -$139.3 million in 2022, then jumped by 45.65% to -$75.7 million in 2023, then gained by 29.54% to -$53.4 million in 2024, then jumped by 188.45% to $47.2 million in 2025, then sank by 280.21% to -$85.0 million in 2026.
  • The last three EBITDA figures came in at -$85.0 million (Q1 2026), $47.2 million (Q4 2025), and -$87.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -47.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 1.86 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 1.34 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 362.59 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 399.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 514.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -85.04 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 209.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 183.97 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 399.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -85.04 Mn
Dec 31, 2025 47.19 Mn
Sep 30, 2025 -87.44 Mn
Jun 30, 2025 -101.03 Mn
Mar 31, 2025 -66.79 Mn
Dec 31, 2024 -53.35 Mn
Sep 30, 2024 -31.00 Mn
Jun 30, 2024 -36.63 Mn
Mar 31, 2024 -66.71 Mn
Dec 31, 2023 -75.72 Mn
Sep 30, 2023 -105.22 Mn
Jun 30, 2023 -108.21 Mn
Mar 31, 2023 -132.37 Mn
Dec 31, 2022 -139.33 Mn
Sep 30, 2022 -124.69 Mn
Jun 30, 2022 -147.64 Mn
Mar 31, 2022 -150.21 Mn
Dec 31, 2021 -144.34 Mn
Sep 30, 2021 -152.22 Mn
Jun 30, 2021 -116.78 Mn