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Natera, Inc. NTRA Contract Liabilities

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Segments

By product

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Royalty$500K-64.3%

Other financials

Income statement

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Revenue$752.8M+37.7%
Operating income-$75.8M+31.3%
Net income-$67.0M+33.7%
EPS (diluted)-$0.47+36.5%

Balance sheet

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Cash & equivalents$1.1B+9.1%
Total debt$223.4M+13.9%
Total equity$1.8B+46.2%
Total assets$2.7B+51.2%

Cash flow

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Operating cash flow$40.2M-9.6%
CapEx$22.1M+1.5%
Free cash flow$18.0M-20.3%

Valuation

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Market cap$39.33B+109%
Enterprise value$38.46B+113%
P/S14.5×+4.9×

Profitability

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Gross margin42.9%
Operating margin-10.7%-2.4pp
Net margin-14.6%+0.6pp
FCF margin4.2%-0.5pp

Returns & leverage

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Return on equity-29%+4.1pp
Debt / equity0.1×0.0×
Current ratio-0.7×

Where this comes from

Reported directly by Natera, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Natera, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 7, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032478
Line itemMarch 31,2026December 31,2025
Contingent consideration payable, long-term portion103,20496,780
Deferred tax liability, long-term portion701701
Operating lease liabilities, long-term portion144,953118,473
Deferred revenue, long-term portion16,99917,062
Other liabilities16,26611,687
Total liabilities840,380685,931
Commitments and contingencies (Note 10)
Stockholders’ equity:

Item 1. Financial Statements (unaudited)

FAQ

What is Natera, Inc.'s contract liabilities?
Natera, Inc. (NTRA) reported contract liabilities of $17M in Q1 2026.
What is the long-term trend for Natera, Inc.'s contract liabilities?
Over 5 years (2020 to 2025), Natera, Inc.'s contract liabilities has grown at a -5.6% compound annual growth rate (CAGR), from $22.81M to $17.06M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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