Financial Snapshot

Revenue
$1.532B
TTM
Gross Margin
57.18%
TTM
Net Earnings
-$214.7M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
438.78%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$878.5M
Q3 2024
Cash
Q3 2024
P/E
-107.0
Nov 29, 2024 EST
Free Cash Flow
-$33.18M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.083B $820.2M $625.5M $391.0M $302.3M $257.7M $209.6M $212.5M $190.4M $159.3M $55.20M $14.30M
YoY Change 31.99% 31.13% 59.97% 29.33% 17.34% 22.91% -1.35% 11.61% 19.52% 188.59% 286.01%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $1.083B $820.2M $625.5M $391.0M $302.3M $257.7M $209.6M $212.5M $190.4M $159.3M $55.20M $14.30M
Cost Of Revenue $589.8M $456.3M $318.4M $203.6M $175.5M $166.1M $139.6M $135.6M $112.8M $78.40M $37.30M $11.20M
Gross Profit $492.7M $364.0M $307.1M $187.4M $126.9M $91.60M $70.00M $76.90M $77.50M $80.90M $17.90M $3.100M
Gross Profit Margin 45.52% 44.37% 49.09% 47.93% 41.97% 35.55% 33.39% 36.19% 40.7% 50.78% 32.43% 21.68%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $618.3M $588.6M $511.0M $303.6M $206.2M $154.9M $155.3M $136.1M $109.6M $62.90M $31.60M $15.30M
YoY Change 5.05% 15.18% 68.31% 47.27% 33.13% -0.28% 14.11% 24.18% 74.24% 99.05% 106.54%
% of Gross Profit 125.48% 161.72% 166.42% 162.02% 162.47% 169.07% 221.87% 176.98% 141.42% 77.75% 176.54% 493.55%
Research & Development $320.7M $316.4M $264.2M $100.0M $51.36M $51.36M $50.06M $41.90M $27.70M $17.30M $11.60M $7.000M
YoY Change 1.35% 19.76% 164.12% 94.78% 0.0% 2.58% 19.48% 51.26% 60.12% 49.14% 65.71%
% of Gross Profit 65.08% 86.94% 86.04% 53.38% 40.47% 56.06% 71.52% 54.49% 35.74% 21.38% 64.8% 225.81%
Depreciation & Amortization $24.10M $16.70M $11.25M $8.613M $7.730M $7.501M $7.143M $6.180M $5.540M $5.150M $2.530M $720.0K
YoY Change 44.28% 48.41% 30.66% 11.42% 3.05% 5.01% 15.58% 11.55% 7.57% 103.56% 251.39%
% of Gross Profit 4.89% 4.59% 3.66% 4.6% 6.09% 8.19% 10.2% 8.04% 7.15% 6.37% 14.13% 23.23%
Operating Expenses $939.0M $905.0M $775.2M $403.7M $257.5M $206.2M $205.4M $178.0M $137.4M $80.20M $43.10M $22.30M
YoY Change 3.75% 16.74% 92.05% 56.74% 24.88% 0.42% 15.38% 29.55% 71.32% 86.08% 93.27%
Operating Profit -$446.2M -$541.0M -$468.2M -$216.3M -$116.3M -$114.6M -$135.3M -$101.1M -$59.90M $700.0K -$25.20M -$19.20M
YoY Change -17.52% 15.56% 116.47% 85.99% 1.45% -15.3% 33.87% 68.78% -8657.14% -102.78% 31.25%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $12.64M $9.319M $8.305M $15.08M $10.69M $10.48M $4.213M -$500.0K -$3.500M -$4.200M -$9.800M -$57.00M
YoY Change 35.62% 12.21% -44.93% 41.05% 2.07% 148.66% -942.6% -85.71% -16.67% -57.14% -82.81%
% of Operating Profit -600.0%
Other Income/Expense, Net $3.538M $5.381M $7.600M $4.200M -$2.700M $2.400M $1.400M -$6.900M -$1.600M -$2.100M $0.00
YoY Change -34.25% -29.2% 80.95% -255.56% -212.5% 71.43% -120.29% 331.25% -23.81%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$434.5M -$546.8M -$471.1M -$229.6M -$122.8M -$127.8M -$137.2M -$100.2M -$70.30M -$5.200M -$37.10M -$76.20M
YoY Change -20.54% 16.07% 105.14% 86.96% -3.92% -6.81% 36.9% 42.53% 1251.92% -85.98% -51.31%
Income Tax $300.0K $1.000M $600.0K $100.0K $2.000M $300.0K $500.0K $100.0K
% Of Pretax Income
Net Earnings -$434.8M -$547.8M -$471.7M -$229.7M -$124.8M -$128.2M -$137.6M -$100.3M -$70.30M -$5.200M -$37.10M -$76.20M
YoY Change -20.63% 16.13% 105.32% 84.05% -2.6% -6.88% 37.22% 42.67% 1251.92% -85.98% -51.31%
Net Earnings / Revenue -40.16% -66.79% -75.41% -58.76% -41.29% -49.74% -65.65% -47.2% -36.92% -3.26% -67.21% -532.87%
Basic Earnings Per Share -$3.78 -$5.57 -$5.21 -$2.84 -$1.79 -$2.22 -$2.58
Diluted Earnings Per Share -$3.78 -$5.57 -$5.21 -$2.84 -$1.79 -$2.22 -$2.59 -$1.944M -$1.398M -$116.3K -$830.0K -$1.705M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $879.0M $898.3M $914.3M $737.3M $441.0M $153.9M $118.9M $146.1M $230.5M $87.20M $30.50M $5.700M
YoY Change -2.15% -1.75% 24.0% 67.19% 186.55% 29.44% -18.62% -36.62% 164.33% 185.9% 435.09%
Cash & Equivalents $642.1M $466.0M $84.39M $48.70M $61.90M $46.40M $12.60M $15.30M $28.90M $87.20M $30.50M $5.700M
Short-Term Investments $236.9M $432.3M $829.9M $688.6M $379.1M $107.5M $106.2M $130.9M $201.6M
Other Short-Term Assets $60.52M $33.72M $29.87M $26.80M $16.50M $10.80M $8.700M $8.200M $6.200M $1.800M $1.400M $300.0K
YoY Change 79.49% 12.88% 11.47% 62.42% 52.78% 24.14% 6.1% 32.26% 244.44% 28.57% 366.67%
Inventory $40.76M $35.41M $26.91M $20.00M $12.40M $13.60M $9.000M $6.400M $8.100M $11.50M $10.70M $1.600M
Prepaid Expenses
Receivables $278.3M $244.4M $122.1M $78.60M $53.40M $62.20M $44.10M $13.40M $5.900M $5.900M $6.600M $1.300M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.259B $1.212B $1.093B $862.7M $523.2M $240.5M $180.6M $174.1M $250.7M $106.5M $49.10M $9.000M
YoY Change 3.86% 10.86% 26.71% 64.89% 117.55% 33.17% 3.73% -30.55% 135.4% 116.9% 445.56%
Property, Plant & Equipment $167.7M $164.3M $124.5M $54.70M $47.00M $24.30M $29.70M $32.30M $12.70M $14.60M $9.800M $4.100M
YoY Change 2.08% 31.96% 127.66% 16.38% 93.42% -18.18% -8.05% 154.33% -13.01% 48.98% 139.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.40M $18.33M $18.82M $14.70M $12.50M $3.300M $4.300M $4.300M $1.800M $2.600M $800.0K $0.00
YoY Change -15.97% -2.6% 28.03% 17.6% 278.79% -23.26% 0.0% 138.89% -30.77% 225.0%
Total Long-Term Assets $183.2M $182.7M $143.3M $69.50M $59.50M $27.70M $34.00M $36.60M $14.50M $17.10M $10.60M $4.100M
YoY Change 0.27% 27.42% 106.26% 16.81% 114.8% -18.53% -7.1% 152.41% -15.2% 61.32% 158.54%
Total Assets $1.442B $1.394B $1.236B $932.2M $582.7M $268.2M $214.6M $210.7M $265.2M $123.6M $59.70M $13.10M
YoY Change
Accounts Payable $15.00M $31.15M $27.21M $8.100M $8.600M $14.60M $8.500M $11.50M $7.300M $8.900M $11.30M $4.500M
YoY Change -51.85% 14.49% 235.88% -5.81% -41.1% 71.76% -26.09% 57.53% -17.98% -21.24% 151.11%
Accrued Expenses $172.0M $169.3M $114.9M $73.40M $55.70M $35.10M $36.10M $23.40M $27.30M $16.30M $8.900M $2.500M
YoY Change 1.62% 47.38% 56.48% 31.78% 58.69% -2.77% 54.27% -14.29% 67.48% 83.15% 256.0%
Deferred Revenue
YoY Change
Short-Term Debt $80.40M $80.35M $50.05M $50.10M $50.10M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 0.06% 60.53% -0.1% 0.0%
Long-Term Debt Due $50.20M $50.10M $49.60M $42.10M $2.300M $1.800M $131.7M
YoY Change 0.2% 1.01% 17.81% 1730.43% 27.78% -98.63%
Total Short-Term Liabilities $307.3M $310.5M $219.0M $199.1M $179.9M $114.0M $105.6M $96.40M $80.50M $29.90M $23.60M $138.9M
YoY Change -1.04% 41.81% 9.97% 10.67% 57.81% 7.95% 9.54% 19.75% 169.23% 26.69% -83.01%
Long-Term Debt $282.9M $281.7M $280.4M $202.5M $73.70M $73.40M $73.10M $0.00 $0.00 $24.50M $22.50M $0.00
YoY Change 0.46% 0.45% 38.47% 174.76% 0.41% 0.41% -100.0% 8.89%
Other Long-Term Liabilities $86.15M $96.58M $83.83M $44.40M $50.40M $48.70M $10.60M $7.800M
YoY Change -10.79% 15.2% 88.81% -11.9% 3.49% 359.43% 35.9%
Total Long-Term Liabilities $369.1M $378.2M $364.2M $246.9M $124.1M $122.1M $83.70M $7.800M $0.00 $24.50M $22.50M $0.00
YoY Change -2.41% 3.84% 47.52% 98.95% 1.64% 45.88% 973.08% -100.0% 8.89%
Total Liabilities $676.4M $688.7M $583.2M $445.9M $303.9M $236.0M $189.2M $104.2M $80.50M $54.30M $46.00M $138.9M
YoY Change -1.79% 18.1% 30.79% 46.73% 28.77% 24.74% 81.57% 29.44% 48.25% 18.04% -66.88%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 115.0M 98.41M 90.56M 81.01M 69.56M 57.85M 53.31M
Diluted Shares Outstanding 115.0M 98.41M 90.56M 81.01M 69.56M 57.85M 53.60M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $22.972 Billion

About Natera, Inc.

Natera, Inc. is a diagnostics company, which engages in the discovery, development, and commercialization of genetic testing services. The company is headquartered in Austin, Texas and currently employs 3,282 full-time employees. The company went IPO on 2015-07-02. Its cell-free deoxyribonucleic acid (cfDNA) technology combines its molecular assays, which reliably measure many informative regions across the genome from samples as small as a single cell. The firm's product offerings include Panorama Non-Invasive Prenatal Test (NIPT), Vistara, Horizon Carrier Screening, Spectrum Preimplantation Genetics, Anora Miscarriage Test, Empower, and Prospera. The firm also offers Constellation, a cloud-based software platform that enables laboratory customers to gain access through the cloud to the Company’s algorithms and bioinformatics in order to validate and launch tests based on the Company’s technology. Its NIPT screens for chromosomal abnormalities of a fetus as well as in twin pregnancies, typically with a blood draw from the mother.

Industry: Services-Medical Laboratories Peers: Cerevel Therapeutics Holdings, Inc. Blueprint Medicines Corp CYTOKINETICS INC EXELIXIS, INC. Global Blood Therapeutics, Inc. HALOZYME THERAPEUTICS, INC. Intellia Therapeutics, Inc. Mirati Therapeutics, Inc.