Natera
At a glance
Natera reported 2025 revenue of $2.31B, up 35.9% from $1.7B in 2024. Over 4 years since 2021 ($625.5M), that is growth of about 38.6% a year. Operating margin was -13.4%, up from -74.8% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2021, 2022, 2023, 2024 and 2025.
In the last 12 months 12 insiders reported 0 open-market purchases and 123 sales ($402.7M). 117 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $38.3M by EXECUTIVE CHAIRMAN Matthew Rabinowitz on Mar 16, 2026.
Natera filed 11 current reports (Form 8-K) in the last 12 months, most often for results of operations (5), officer or director change (5), shareholder vote results (1) and unregistered equity sale (1). The latest officer or director change was reported on Jul 6, 2026.
6 of the 20 investors tracked here held Natera at the last quarter end, worth $1.04B combined. It is the largest weight for Duquesne Family Office (19.9% of its portfolio), followed by Coatue Management (1.4%). New this quarter: Viking Global Investors. Added: Duquesne Family Office. Reduced: Coatue Management, National Pension Service (Korea) and Bridgewater Associates.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | -$471.7M | -$547.8M | -$434.8M | -$190.4M | -$208.2M |
| Diluted EPS | $-5.21 | $-5.57 | $-3.78 | $-1.53 | $-1.52 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Showing the latest 60.
Source: SEC EDGAR. How figures are combined