Natera, Inc.

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

NTRA$320.39+3.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

(in thousands, except par value amount)*


· · December 31, · · December 31,
· · 2025 · · 2024 ·
· · · ·
Assets
Current assets:
Cash, cash equivalents and restricted cash	$1,076,140	$945,587
Short-term investments	—	22,689
Accounts receivable, net of allowance of $8,018 in 2025 and $7,259 in 2024	296,528	314,165
Inventory	68,443	44,744
Prepaid expenses and other current assets	55,828	48,635
Total current assets	1,496,939	1,375,820
Property and equipment, net	241,184	162,046
Operating lease right-of-use assets	108,541	86,149
Goodwill	141,070	—
Intangible assets	373,713	10,933
Other assets	36,897	25,787
Total assets	$2,398,344	$1,660,735

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$33,156	$34,922
Accrued compensation	92,603	62,114
Contingent consideration payable, current portion	21,580	—
Deferred revenue, current portion	24,907	19,754
Short-term debt financing	80,323	80,362
Other accrued liabilities	188,659	146,893
Total current liabilities	441,228	344,045
Contingent consideration payable, long-term portion	96,780	—
Deferred tax liability, long-term portion	701	—
Operating lease liabilities, long-term portion	118,473	96,588
Deferred revenue, long-term portion	17,062	16,838
Other liabilities	11,687	7,844
Total liabilities	685,931	465,315
Commitments and contingencies (Note 10)
Stockholders’ equity:
Common stock, $0.0001 par value: 750,000 shares authorized at both December 31, 2025 and 2024; 139,693 and 132,646 shares issued and outstanding at December 31, 2025 and 2024, respectively	14	12
Additional paid in capital	4,488,679	3,763,614
Accumulated deficit	(2,776,022)	(2,567,862)
Accumulated other comprehensive loss	(258)	(344)
Total stockholders’ equity	1,712,413	1,195,420
Total liabilities and stockholders’ equity	$2,398,344	$1,660,735

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.