Natera (NTRA) Operating Margin (2014 - 2026)

Natera (NTRA) has 13 years of Operating Margin data on file, last reported at 13.42% in Q1 2026.

• Quarterly Operating Margin rose 235.0% year-over-year to 13.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.97% (down 56.0% YoY) and the FY2025 annual result came in at 13.44%, down 34.0% from the prior year.
• Operating Margin declined to 13.42% in Q1 2026, from 3.42% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 3.42% in Q4 2025 to a low of 72.19% in Q2 2022.
• A 5-year average of 32.71% and a median of 20.21% in 2024 frame the typical range for Operating Margin.
• The widest YoY moves for Operating Margin: up 3847 bps in 2022, down 2926 bps in 2022.
• Tracing NTRA's Operating Margin over 5 years: stood at 65.26% in 2022, then soared by 58 bps to 27.17% in 2023, then jumped by 50 bps to 13.6% in 2024, then surged by 75 bps to 3.42% in 2025, then slumped by 292 bps to 13.42% in 2026.
• The last three Operating Margin figures came in at 13.42% (Q1 2026), 3.42% (Q4 2025), and 16.48% (Q3 2025), per Business Quant data.