Natera (NTRA) FCF Margin (2014 - 2026)

Natera (NTRA) posted FCF Margin of 2.59% for Q1 2026, down 54.44% quarter-over-quarter from 5.68% in Q4 2025, and down 192.0% year-on-year from 2.81% in Q1 2025.

Natera (NTRA) FCF Margin (2014 - 2026) Analysis & Trends

Natera (NTRA) has reported FCF Margin for 13 consecutive years, with 2.59% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 2.59%, down 192.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.18% (down 47.0% YoY), and the FY2025 annual result was 4.73%, up 65.0% from the prior year.
  • FCF Margin was 2.59% for Q1 2026 at Natera, down from 5.68% in the prior quarter.
  • Over five years, FCF Margin peaked at 8.07% in Q3 2024 and troughed at 78.9% in Q1 2022.
  • Average FCF Margin over 5 years is 18.07%, with a median of 1.86% recorded in 2024.
  • Year-over-year, FCF Margin plunged 2849 bps in 2022 and surged 4064 bps in 2023.
  • Over 5 years, FCF Margin stood at 42.79% in 2022, then jumped by 49 bps to 21.75% in 2023, then jumped by 134 bps to 7.3% in 2024, then retreated by 22 bps to 5.68% in 2025, then plunged by 54 bps to 2.59% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 2.59% in Q1 2026, 5.68% in Q4 2025, and 6.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 7.41%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 22.61%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 2.59%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 10.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 11.83%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 12.92%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 5.66%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.59%
Dec 31, 2025 5.68%
Sep 30, 2025 6.25%
Jun 30, 2025 2.14%
Mar 31, 2025 4.51%
Dec 31, 2024 7.30%
Sep 30, 2024 8.07%
Jun 30, 2024 -1.86%
Mar 31, 2024 1.82%
Dec 31, 2023 -21.75%
Sep 30, 2023 -14.41%
Jun 30, 2023 -33.42%
Mar 31, 2023 -38.26%
Dec 31, 2022 -42.79%
Sep 30, 2022 -54.34%
Jun 30, 2022 -59.85%
Mar 31, 2022 -78.90%
Dec 31, 2021 -77.91%
Sep 30, 2021 -57.76%
Jun 30, 2021 -51.65%