Natera (NTRA) Operating Leases (2019 - 2026)
Natera (NTRA) reported Operating Leases of $143.07 million for Q2 2026, up 39.3% from $102.74 million a year earlier but down 1.3% from the prior quarter.
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Analysis
Natera (NTRA) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Natera posted Operating Leases of $118.47 million, up 22.7% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 41.0% (FY2020 to FY2025).
- By year, Operating Leases came in at $96.59 million in FY2024 (+44.1%), $67.03 million in FY2023 (-12.5%), $76.58 million in FY2022 (+25.5%) and $61.04 million in FY2021 (+187.3%).
- Five-year quarterly Operating Leases spans a low of $48.39 million in Q3 2021 and a high of $144.95 million in Q1 2026.
- Year over year, Operating Leases has now increased in each of the last eight quarters, with growth averaging 40.7% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q4 2021 (growth of 187.3%); the low point was Q2 2024 (a decline of 13.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $144.95 million (Q1 2026), $118.47 million (Q4 2025) and $104.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 102.95 Bn | 98.96 Bn | - |
| 2 | Natera | 57.29 Bn | 52.97 Bn | 485.19 Mn |
| 3 | Labcorp Holdings | 26.01 Bn | 23.76 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 25.98 Bn | 24.11 Bn | 1.03 Bn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - |
| 6 | Guardant Health | 21.79 Bn | 17.85 Bn | 219.03 Mn |
| 7 | BrightSpring Health Services | 13.02 Bn | 11.35 Bn | 492.75 Mn |
| 8 | Tempus AI | 12.48 Bn | 9.51 Bn | 246.50 Mn |
| 9 | Fresenius Medical Care AG | 12.43 Bn | 4.38 Bn | 1.52 Bn |
| 10 | Encompass Health | 12.41 Bn | 12.07 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 143.07 Mn |
| Mar 31, 2026 | 144.95 Mn |
| Dec 31, 2025 | 118.47 Mn |
| Sep 30, 2025 | 104.38 Mn |
| Jun 30, 2025 | 102.74 Mn |
| Mar 31, 2025 | 103.06 Mn |
| Dec 31, 2024 | 96.59 Mn |
| Sep 30, 2024 | 98.95 Mn |
| Jun 30, 2024 | 61.23 Mn |
| Mar 31, 2024 | 64.16 Mn |
| Dec 31, 2023 | 67.03 Mn |
| Sep 30, 2023 | 68.29 Mn |
| Jun 30, 2023 | 71.09 Mn |
| Mar 31, 2023 | 73.85 Mn |
| Dec 31, 2022 | 76.58 Mn |
| Sep 30, 2022 | 78.47 Mn |
| Jun 30, 2022 | 65.42 Mn |
| Mar 31, 2022 | 67.48 Mn |
| Dec 31, 2021 | 61.04 Mn |
| Sep 30, 2021 | 48.39 Mn |
API Access
Natera Operating Leases 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=operating-leases&ticker=NTRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();