Natera (NTRA) Gross Margin (2014 - 2026)

Natera (NTRA) has reported Gross Margin for 13 consecutive years, with 99.91% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 99.91%, up 3670.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.64% (up 4768.0% YoY), and the FY2025 annual result was 99.9%, up 3952.0% from the prior year.
• Gross Margin was 99.91% for Q1 2026 at Natera, roughly flat from 99.87% in the prior quarter.
• Over five years, Gross Margin peaked at 227.07% in Q4 2023 and troughed at 41.01% in Q4 2024.
• Average Gross Margin over 5 years is 82.8%, with a median of 99.76% recorded in 2022.
• Year-over-year, Gross Margin soared 18052 bps in 2022 and plunged 26809 bps in 2024.
• Over 5 years, Gross Margin stood at 99.76% in 2022, then soared by 128 bps to 227.07% in 2023, then sank by 118 bps to 41.01% in 2024, then jumped by 344 bps to 99.87% in 2025, then advanced by 0 bps to 99.91% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 99.91% in Q1 2026, 99.87% in Q4 2025, and 65.0% in Q3 2025.