Natera (NTRA) Free Cash Flow (2014 - 2026)
Natera's (NTRA) quarterly Free Cash Flow came in at $18.0 million in Q1 2026, down 20.33% YoY from $22.6 million in Q1 2025, and down 52.31% on a QoQ basis from $37.8 million in Q4 2025.
Natera (NTRA) Free Cash Flow (2014 - 2026) Analysis & Trends
Natera (NTRA) has 13 years of Free Cash Flow data on file, last reported at $18.0 million in Q1 2026.
- Quarterly Free Cash Flow fell 20.33% year-over-year to $18.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $104.5 million (up 60.81% YoY) and the FY2025 annual result came in at $109.1 million, up 57.58% from the prior year.
- Free Cash Flow declined to $18.0 million in Q1 2026, from $37.8 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $37.8 million in Q4 2025 to a low of -$139.4 million in Q1 2022.
- A 5-year average of -$33.5 million and a median of -$27.9 million in 2024 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow tumbled 70.47% — and 2024, when it jumped 191.77%.
- Tracing NTRA's Free Cash Flow over 5 years: stood at -$93.0 million in 2022, then advanced by 27.21% to -$67.7 million in 2023, then soared by 151.39% to $34.8 million in 2024, then gained by 8.77% to $37.8 million in 2025, then tumbled by 52.31% to $18.0 million in 2026.
- The last three Free Cash Flow figures came in at $18.0 million (Q1 2026), $37.8 million (Q4 2025), and $37.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.96 Bn | 209.90 Bn | 8.34 Bn | 1.68 Bn |
| 2 | Danaher | 140.29 Bn | 135.94 Bn | 3.61 Bn | 1.27 Bn |
| 3 | Idexx Laboratories | 46.08 Bn | 45.88 Bn | 779.09 Mn | 322.52 Mn |
| 4 | Agilent Technologies | 39.78 Bn | 37.97 Bn | 990.00 Mn | 201.00 Mn |
| 5 | Iqvia Holdings | 39.43 Bn | 37.35 Bn | 1.44 Bn | 360.00 Mn |
| 6 | Natera | 38.72 Bn | 37.62 Bn | 696.04 Mn | 18.03 Mn |
| 7 | Illumina | 30.05 Bn | 28.88 Bn | 770.00 Mn | 161.00 Mn |
| 8 | Mettler Toledo International | 28.63 Bn | 28.58 Bn | 650.22 Mn | 282.62 Mn |
| 9 | Quest Diagnostics | 26.17 Bn | 25.54 Bn | 1.03 Bn | 459.00 Mn |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 70.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.03 Mn |
| Mar 31, 2026 | 18.03 Mn |
| Dec 31, 2025 | 37.82 Mn |
| Dec 31, 2025 | 37.82 Mn |
| Sep 30, 2025 | 36.98 Mn |
| Sep 30, 2025 | 36.98 Mn |
| Jun 30, 2025 | 11.68 Mn |
| Jun 30, 2025 | 11.68 Mn |
| Mar 31, 2025 | 22.64 Mn |
| Mar 31, 2025 | 22.64 Mn |
| Dec 31, 2024 | 34.77 Mn |
| Dec 31, 2024 | 34.77 Mn |
| Sep 30, 2024 | 35.47 Mn |
| Sep 30, 2024 | 35.47 Mn |
| Jun 30, 2024 | -27.89 Mn |
| Jun 30, 2024 | -27.89 Mn |
| Mar 31, 2024 | 26.89 Mn |
| Mar 31, 2024 | 26.89 Mn |
| Dec 31, 2023 | -67.66 Mn |
| Dec 31, 2023 | -67.66 Mn |