Growth Metrics

Natera (NTRA) Gross Margin (2016 - 2025)

Natera's Gross Margin history spans 12 years, with the latest figure at 99.87% for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 10408.0% year-over-year to 99.87%, compared with a TTM value of 83.28% through Dec 2025, down 2662.0%, and an annual FY2025 reading of 99.9%, down 1.0% over the prior year.
  • Gross Margin for Q4 2025 was 99.87% at Natera, roughly flat from 99.91% in the prior quarter.
  • The five-year high for Gross Margin was 249.25% in Q4 2022, with the low at 38.88% in Q1 2023.
  • Average Gross Margin over 5 years is 93.51%, with a median of 99.52% recorded in 2021.
  • Year-over-year, Gross Margin plummeted -16748bps in 2021 and then soared 20318bps in 2022.
  • Tracing NTRA's Gross Margin over 5 years: stood at 46.06% in 2021, then soared by 441bps to 249.25% in 2022, then tumbled by -65bps to 86.78% in 2023, then surged by 135bps to 203.96% in 2024, then crashed by -51bps to 99.87% in 2025.
  • Per Business Quant, the three most recent readings for NTRA's Gross Margin are 99.87% (Q4 2025), 99.91% (Q3 2025), and 63.5% (Q2 2025).