What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Natera, Inc. NTRA Gross Profit

Discontinued — last reported Q2 '20

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Segments

By segment

See full

Reportable Segment$450.83M—

Other financials

Income statement

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Revenue$696.6M+38.8%

Operating income-$93.5M-18.1%

Net income-$85.1M-27.1%

EPS (diluted)-$0.60-20.0%

Balance sheet

See full

Cash & equivalents$1.1B+11.7%

Total debt$240.1M+22.7%

Total equity$1.8B+43.1%

Total assets$2.6B+50.9%

Cash flow

See full

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$37.51B+59.8%

Enterprise value$36.66B+61.8%

P/S15×+3.1×

Profitability

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Gross margin42.9%—

Operating margin-13%+0.6pp

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 ratio3×-0.9×

Where this comes from

Calculated from Natera, Inc.’s reported figures.

$86.5Mtotal revenue−$42.7Mtotal cost of revenue=$43.74M

The official record: Natera, Inc.’s 10-Q, filed August 6, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.