Natera (NTRA) Operating Income (2014 - 2026)
Natera (NTRA) reported Operating Income of -$93.5 million for Q1 2026, down 18.11% on a YoY basis from -$114.2 million in Q1 2025, and down 140.51% quarter-over-quarter from $230.8 million in Q4 2025.
Natera (NTRA) Operating Income (2014 - 2026) Analysis & Trends
Natera has reported Operating Income for 13 years, with the latest figure at -$93.5 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 18.11% year-over-year to -$93.5 million; the trailing twelve-month figure through Mar 2026 stood at -$70.6 million (up 68.9% YoY), and the FY2025 full-year result was -$56.3 million, up 74.67% from the prior year.
- Operating Income for Q1 2026 stood at -$93.5 million, down from $230.8 million in the prior quarter.
- The five-year high for Operating Income was $230.8 million in Q4 2025, with the low at -$143.1 million in Q2 2022.
- Historically, Operating Income has averaged -$80.0 million across 5 years, with a median of -$97.6 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Income sank 161.75% — and 2025, when it soared 456.54%.
- Natera's Operating Income stood at -$141.8 million in 2022, then jumped by 40.37% to -$84.5 million in 2023, then advanced by 23.42% to -$64.7 million in 2024, then soared by 456.54% to $230.8 million in 2025, then tumbled by 140.51% to -$93.5 million in 2026.
- The last three Operating Income figures came in at -$93.5 million (Q1 2026), $230.8 million (Q4 2025), and -$97.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -47.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 1.86 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 1.34 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 362.59 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 399.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 514.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -93.52 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 209.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 238.95 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 399.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -93.52 Mn |
| Dec 31, 2025 | 230.83 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 | 229.58 Mn |
| Sep 30, 2021 | -150.20 Mn |
| Jun 30, 2021 | -115.29 Mn |