Natera (NTRA) Free Cash Flow (2014 - 2026)
Natera's (NTRA) quarterly Free Cash Flow came in at -$8.6 million in Q2 2026, down 173.96% on a YoY basis from $11.7 million in Q2 2025, and down 147.89% quarter-over-quarter from $18.0 million in Q1 2026.
Analysis
Natera (NTRA) Free Cash Flow (2014 - 2026) Analysis & Trends
Natera (NTRA) has reported Free Cash Flow for 13 consecutive years, with -$8.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow fell 173.96% year-over-year to -$8.6 million; the trailing twelve-month figure through Jun 2026 stood at $84.2 million (down 19.47% YoY), and the FY2025 full-year result was $109.1 million, up 57.58% from the prior year.
- Free Cash Flow retreated to -$8.6 million in Q2 2026 per NTRA's latest filing, from $18.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $37.8 million in Q4 2025 and bottomed at -$153.2 million in Q1 2022.
- Historically, Free Cash Flow has averaged -$32.1 million across 5 years, with a median of -$8.2 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Free Cash Flow surged 251.89% in 2025, then plunged 173.96% in 2026.
- Over 5 years, Free Cash Flow stood at -$93.0 million in 2022, then grew by 27.21% to -$67.7 million in 2023, then surged by 151.39% to $34.8 million in 2024, then climbed by 8.77% to $37.8 million in 2025, then tumbled by 122.84% to -$8.6 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$8.6 million, $18.0 million, and $37.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -8.64 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 459.00 Mn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 313.90 Mn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -69.54 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | -13.65 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 6.40 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 42.05 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 5.09 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -7.58 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 37.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.64 Mn |
| Mar 31, 2026 | 18.03 Mn |
| Dec 31, 2025 | 37.82 Mn |
| Sep 30, 2025 | 36.98 Mn |
| Jun 30, 2025 | 11.68 Mn |
| Mar 31, 2025 | 22.64 Mn |
| Dec 31, 2024 | 34.77 Mn |
| Sep 30, 2024 | 35.47 Mn |
| Jun 30, 2024 | -7.69 Mn |
| Mar 31, 2024 | 6.69 Mn |
| Dec 31, 2023 | -67.66 Mn |
| Sep 30, 2023 | -38.66 Mn |
| Jun 30, 2023 | -87.35 Mn |
| Mar 31, 2023 | -92.49 Mn |
| Dec 31, 2022 | -92.95 Mn |
| Sep 30, 2022 | -114.46 Mn |
| Jun 30, 2022 | -118.63 Mn |
| Mar 31, 2022 | -153.16 Mn |
| Dec 31, 2021 | -107.74 Mn |
| Sep 30, 2021 | -104.20 Mn |