Natera (NTRA) Shares Outstanding (Diluted) (2014 - 2026)
Natera (NTRA) posted Shares Outstanding (Diluted) of 143.28 million for Q2 2026, up 5.1% from 136.39 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Natera (NTRA) Shares Outstanding (Diluted) (2014 - 2026) Analysis & Trends
For FY2025, Natera's Shares Outstanding (Diluted) came in at 136.72 million, up 9.6% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for ten consecutive years, with a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- In prior years, Natera's Shares Outstanding (Diluted) was 124.72 million in FY2024 (+8.5%), 115 million in FY2023 (+16.9%), 98.41 million in FY2022 (+8.7%) and 90.56 million in FY2021 (+11.8%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) in data going back to Q3 2014.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last 23 quarters, with growth averaging 8.6% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 4.9% in Q3 2022 to 33.1% in Q3 2021.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 141.5 million (Q1 2026), 136.72 million (Q4 2025) and 137.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 107.01 Bn | 106.58 Bn | - | 217.21 Mn |
| 2 | Natera | 52.51 Bn | 48.13 Bn | 513.47 Mn | 144.07 Mn |
| 3 | Labcorp Holdings | 29.49 Bn | 27.59 Bn | 1.11 Bn | 82.00 Mn |
| 4 | Quest Diagnostics | 28.01 Bn | 26.09 Bn | 1.04 Bn | 112.00 Mn |
| 5 | Tenet Healthcare | 22.82 Bn | 14.31 Bn | - | 80.60 Mn |
| 6 | Guardant Health | 20.67 Bn | 16.29 Bn | 236.15 Mn | 134.42 Mn |
| 7 | Encompass Health | 13.87 Bn | 14.32 Bn | - | 99.70 Mn |
| 8 | BrightSpring Health Services | 13.11 Bn | 10.87 Bn | 518.55 Mn | 220.23 Mn |
| 9 | Tempus AI | 12.46 Bn | 9.62 Bn | 266.70 Mn | 181.31 Mn |
| 10 | Davita | 12.34 Bn | 11.20 Bn | 1.13 Bn | 65.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 144.07 Mn |
| Jun 30, 2026 | 143.28 Mn |
| Mar 31, 2026 | 141.50 Mn |
| Dec 31, 2025 | 136.72 Mn |
| Sep 30, 2025 | 137.19 Mn |
| Jun 30, 2025 | 136.39 Mn |
| Mar 31, 2025 | 134.75 Mn |
| Dec 31, 2024 | 124.72 Mn |
| Sep 30, 2024 | 123.78 Mn |
| Jun 30, 2024 | 122.85 Mn |
| Mar 31, 2024 | 120.81 Mn |
| Dec 31, 2023 | 115.00 Mn |
| Sep 30, 2023 | 115.17 Mn |
| Jun 30, 2023 | 113.69 Mn |
| Mar 31, 2023 | 111.77 Mn |
| Dec 31, 2022 | 98.41 Mn |
| Sep 30, 2022 | 97.05 Mn |
| Jun 30, 2022 | 96.58 Mn |
| Mar 31, 2022 | 95.58 Mn |
| Dec 31, 2021 | 90.56 Mn |
API Access
Natera Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=NTRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();