Natera (NTRA) Operating Income (2014 - 2026)
Natera's (NTRA) quarterly Operating Income came in at -$75.8 million in Q2 2026, up 31.33% on a YoY basis from -$57.7 million in Q2 2025, and up 18.95% quarter-over-quarter from -$93.5 million in Q1 2026.
Analysis
Natera (NTRA) Operating Income (2014 - 2026) Analysis & Trends
Natera (NTRA) has reported Operating Income for 13 consecutive years, with -$75.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 31.33% year-over-year to -$75.8 million; the trailing twelve-month figure through Jun 2026 stood at -$289.7 million (up 1.35% YoY), and the FY2025 full-year result was -$309.9 million, down 39.41% from the prior year.
- Operating Income advanced to -$75.8 million in Q2 2026 per NTRA's latest filing, from -$93.5 million in the prior quarter.
- Across five years, Operating Income topped out at -$22.8 million in Q4 2025 and bottomed at -$143.1 million in Q2 2022.
- Historically, Operating Income has averaged -$93.8 million across 5 years, with a median of -$95.5 million in 2025.
- The widest YoY moves for Operating Income: up 64.81% in 2025, down 151.41% in 2025.
- Over 5 years, Operating Income stood at -$141.8 million in 2022, then soared by 40.37% to -$84.5 million in 2023, then grew by 23.42% to -$64.7 million in 2024, then jumped by 64.81% to -$22.8 million in 2025, then sank by 232.64% to -$75.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$75.8 million, -$93.5 million, and -$22.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -75.79 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 459.00 Mn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 451.60 Mn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -129.12 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | -75.91 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 26.93 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 109.81 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 5.50 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -15.77 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | -2.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -75.79 Mn |
| Mar 31, 2026 | -93.52 Mn |
| Dec 31, 2025 | -22.79 Mn |
| Sep 30, 2025 | -97.58 Mn |
| Jun 30, 2025 | -110.37 Mn |
| Mar 31, 2025 | -79.18 Mn |
| Dec 31, 2024 | -64.74 Mn |
| Sep 30, 2024 | -39.34 Mn |
| Jun 30, 2024 | -43.90 Mn |
| Mar 31, 2024 | -74.31 Mn |
| Dec 31, 2023 | -84.54 Mn |
| Sep 30, 2023 | -110.98 Mn |
| Jun 30, 2023 | -112.43 Mn |
| Mar 31, 2023 | -138.30 Mn |
| Dec 31, 2022 | -141.77 Mn |
| Sep 30, 2022 | -119.05 Mn |
| Jun 30, 2022 | -143.09 Mn |
| Mar 31, 2022 | -137.13 Mn |
| Dec 31, 2021 | -139.67 Mn |
| Sep 30, 2021 | -150.20 Mn |