Natera (NTRA) Inventory (2014 - 2026)
Natera (NTRA) recorded Inventory of $80.35 million in Q2 2026, up 48.0% from $54.27 million a year earlier and up 13.6% from the prior quarter.
Analysis
Natera (NTRA) Inventory (2014 - 2026) Analysis & Trends
At the end of FY2025, Natera reported Inventory of $68.44 million, up 53.0% from FY2024.
- Annual Inventory has increased for six straight years, with a five-year compound annual growth rate of 27.9% (FY2020 to FY2025).
- Across earlier years, Inventory came in at $44.74 million in FY2024 (+9.8%), $40.76 million in FY2023 (+15.1%), $35.41 million in FY2022 (+31.6%) and $26.91 million in FY2021 (+34.3%).
- The Q2 2026 figure is the highest quarterly Inventory in data going back to Q4 2014.
- On a year-over-year basis, Inventory has increased for eight consecutive quarters, with growth averaging 31.1% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 62.4% in Q1 2023, against a decline of 4.0% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $70.72 million (Q1 2026), $68.44 million (Q4 2025) and $64.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.95 Bn | 98.96 Bn | - | 1.66 Bn |
| 2 | Natera | 57.29 Bn | 52.97 Bn | 485.19 Mn | 80.35 Mn |
| 3 | Labcorp Holdings | 26.01 Bn | 23.76 Bn | 1.11 Bn | 562.20 Mn |
| 4 | Quest Diagnostics | 25.98 Bn | 24.11 Bn | 1.03 Bn | 233.00 Mn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | 338.00 Mn |
| 6 | Guardant Health | 21.79 Bn | 17.85 Bn | 219.03 Mn | 105.46 Mn |
| 7 | BrightSpring Health Services | 13.02 Bn | 11.35 Bn | 492.75 Mn | 575.01 Mn |
| 8 | Tempus AI | 12.48 Bn | 9.51 Bn | 246.50 Mn | 53.51 Mn |
| 9 | Fresenius Medical Care AG | 12.43 Bn | 4.38 Bn | 1.52 Bn | 2.66 Bn |
| 10 | Encompass Health | 12.41 Bn | 12.07 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.35 Mn |
| Mar 31, 2026 | 70.72 Mn |
| Dec 31, 2025 | 68.44 Mn |
| Sep 30, 2025 | 64.64 Mn |
| Jun 30, 2025 | 54.27 Mn |
| Mar 31, 2025 | 50.37 Mn |
| Dec 31, 2024 | 44.74 Mn |
| Sep 30, 2024 | 48.72 Mn |
| Jun 30, 2024 | 40.99 Mn |
| Mar 31, 2024 | 43.02 Mn |
| Dec 31, 2023 | 40.76 Mn |
| Sep 30, 2023 | 42.08 Mn |
| Jun 30, 2023 | 42.69 Mn |
| Mar 31, 2023 | 40.68 Mn |
| Dec 31, 2022 | 35.41 Mn |
| Sep 30, 2022 | 40.43 Mn |
| Jun 30, 2022 | 30.47 Mn |
| Mar 31, 2022 | 25.05 Mn |
| Dec 31, 2021 | 26.91 Mn |
| Sep 30, 2021 | 28.02 Mn |
API Access
Natera Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=NTRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "NTRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();