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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Natera (NTRA) Gross Margin (2016 - 2026)

Natera filings provide 12 years of Gross Margin readings, the most recent being 99.87% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 10408.0% to 99.87% in Q4 2025 year-over-year; TTM through Dec 2025 was 83.28%, a 2662.0% decrease, with the full-year FY2025 number at 99.9%, down 1.0% from a year prior.
  • Gross Margin hit 99.87% in Q4 2025 for Natera, roughly flat from 99.91% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 249.25% in Q4 2022 to a low of 38.88% in Q1 2023.
  • Median Gross Margin over the past 5 years was 99.52% (2021), compared with a mean of 93.51%.
  • Biggest five-year swings in Gross Margin: plummeted -16748bps in 2021 and later soared 20318bps in 2022.
  • Natera's Gross Margin 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.
  • The last three reported values for Gross Margin were 99.87% (Q4 2025), 99.91% (Q3 2025), and 63.5% (Q2 2025) per Business Quant data.