Natera (NTRA) Net Margin (2014 - 2026)
Natera's (NTRA) quarterly Net Margin came in at 12.22% in Q1 2026, up 112.0% YoY from 5.76% in Q1 2025, and down 272.04% on a QoQ basis from 7.1% in Q4 2025.
Natera (NTRA) Net Margin (2014 - 2026) Analysis & Trends
Natera (NTRA) has 13 years of Net Margin data on file, last reported at 12.22% in Q1 2026.
- Quarterly Net Margin rose 112.0% year-over-year to 12.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.05% (up 131.0% YoY) and the FY2025 annual result came in at 9.03%, up 220.0% from the prior year.
- Net Margin retreated to 12.22% in Q1 2026, from 7.1% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 7.1% in Q4 2025 to a low of 73.23% in Q2 2022.
- A 5-year average of 31.2% and a median of 18.47% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 2947 bps — and 2023, when it soared 4053 bps.
- Tracing NTRA's Net Margin over 5 years: stood at 65.63% in 2022, then soared by 62 bps to 25.09% in 2023, then surged by 55 bps to 11.3% in 2024, then surged 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 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 13.89% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -8.89% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 18.47% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 5.52% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 27.82% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 17.86% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 22.67% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 8.02% |
| 10 | Quest Diagnostics | 27.10 Bn | 26.47 Bn | 1.03 Bn | 10.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.89% |
| Mar 31, 2026 | -12.22% |
| Dec 31, 2025 | 7.11% |
| Sep 30, 2025 | -14.78% |
| Jun 30, 2025 | -18.47% |
| Mar 31, 2025 | -13.34% |
| Dec 31, 2024 | -2.77% |
| Sep 30, 2024 | -7.18% |
| Jun 30, 2024 | -9.07% |
| Mar 31, 2024 | -18.38% |
| Dec 31, 2023 | 4.34% |
| 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% |