Natera (NTRA) Tax Rate (2015 - 2026)
Natera's (NTRA) quarterly Tax Rate came in at 0.45% in Q2 2026, up 74.0% on a YoY basis from 0.26% in Q2 2025, and up 226.15% quarter-over-quarter from 0.35% in Q1 2026.
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Natera (NTRA) Tax Rate (2015 - 2026) Analysis & Trends
Natera (NTRA) has reported Tax Rate for 12 consecutive years, with 0.45% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 74.0% year-over-year to 0.45%; the trailing twelve-month figure through Jun 2026 stood at 23.91% (up 784.0% YoY), and the FY2025 full-year result was 22.35%, up 135.0% from the prior year.
- Tax Rate grew to 0.45% in Q2 2026 per NTRA's latest filing, from 0.35% in the prior quarter.
- Across five years, Tax Rate topped out at 454.97% in Q4 2025 and bottomed at 2.46% in Q2 2024.
- Historically, Tax Rate has averaged 40.16% across 5 years, with a median of 0.14% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate sank 4124 bps in 2024, then jumped 37888 bps in 2025.
- Over 5 years, Tax Rate stood at 81.17% in 2022, then jumped by 45 bps to 117.33% in 2023, then tumbled by 35 bps to 76.09% in 2024, then soared by 498 bps to 454.97% in 2025, then tumbled by 100 bps to 0.45% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.45%, 0.35%, and 454.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.45% |
| Mar 31, 2026 | -0.35% |
| Dec 31, 2025 | 454.97% |
| Sep 30, 2025 | -0.24% |
| Jun 30, 2025 | -0.30% |
| Mar 31, 2025 | -0.30% |
| Dec 31, 2024 | 76.09% |
| Sep 30, 2024 | -2.37% |
| Jun 30, 2024 | -2.46% |
| Mar 31, 2024 | -0.64% |
| Dec 31, 2023 | 117.33% |
| Sep 30, 2023 | -0.19% |
| Jun 30, 2023 | 0.25% |
| Mar 31, 2023 | -0.12% |
| Dec 31, 2022 | 81.17% |
| Sep 30, 2022 | -0.15% |
| Jun 30, 2022 | -0.13% |
| Mar 31, 2022 | -0.13% |
| Dec 31, 2021 | 70.83% |
| Sep 30, 2021 | -0.18% |