Natera (NTRA) Net Margin (2014 - 2026)
Natera (NTRA) reported Net Margin of 12.22% for Q1 2026, up 112.0% on a YoY basis from 5.76% in Q1 2025, and down 272.04% quarter-over-quarter from 7.1% in Q4 2025.
Natera (NTRA) Net Margin (2014 - 2026) Analysis & Trends
Natera has reported Net Margin for 13 years, with the latest figure at 12.22% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 112.0% year-over-year to 12.22%; the trailing twelve-month figure through Mar 2026 stood at 9.05% (up 131.0% YoY), and the FY2025 full-year result was 9.03%, up 220.0% from the prior year.
- Net Margin for Q1 2026 stood at 12.22%, down from 7.1% in the prior quarter.
- The five-year high for Net Margin was 7.1% in Q4 2025, with the low at 73.23% in Q2 2022.
- Historically, Net Margin has averaged 31.19% across 5 years, with a median of 18.47% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 2947 bps — and 2023, when it soared 4053 bps.
- Natera's Net Margin stood at 65.63% in 2022, then soared by 62 bps to 25.09% in 2023, then soared by 55 bps to 11.29% in 2024, then soared by 163 bps to 7.1% in 2025, then tumbled by 272 bps to 12.22% in 2026.
- The last three Net Margin figures came in at 12.22% (Q1 2026), 7.1% (Q4 2025), and 14.78% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 18.47% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 3.40% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.22% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.89% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | -1.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.22% |
| Dec 31, 2025 | 7.10% |
| Sep 30, 2025 | -14.78% |
| Jun 30, 2025 | -18.47% |
| Mar 31, 2025 | -13.34% |
| Dec 31, 2024 | -11.29% |
| Sep 30, 2024 | -7.18% |
| Jun 30, 2024 | -9.07% |
| Mar 31, 2024 | -18.38% |
| Dec 31, 2023 | -25.09% |
| Sep 30, 2023 | -40.64% |
| Jun 30, 2023 | -42.39% |
| Mar 31, 2023 | -56.64% |
| Dec 31, 2022 | -65.63% |
| Sep 30, 2022 | -57.67% |
| Jun 30, 2022 | -73.23% |
| Mar 31, 2022 | -71.39% |
| Dec 31, 2021 | -81.24% |
| Sep 30, 2021 | -95.67% |
| Jun 30, 2021 | -81.69% |