# NATERA, INC. (NTRA) FY2025 Annual P&L / Income Statement

- Company: NATERA, INC. (NTRA)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-27, accession number 0001104659-26-020881
- Page: https://plicit.ai/financials/ntra/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/ntra-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenues**: 2,306,113,000 US dollars
- **Cost of revenue (calculated)**: 812,933,000 US dollars
- **Gross profit (calculated)**: 1,493,180,000 US dollars
- **Operating expenses (calculated)**: 1,803,091,000 US dollars
- **Loss from operations**: negative 309,911,000 US dollars
- **Other income (expense), net (calculated)**: 41,822,000 US dollars
- **Loss before income taxes**: negative 268,089,000 US dollars
- **Income tax benefit (expense)**: negative 59,929,000 US dollars
- **Net loss**: negative 208,160,000 US dollars
- **Product revenue**: 2,295,820,000 US dollars
- **Licensing and other revenue**: 10,293,000 US dollars
- **Product cost of revenue**: 810,627,000 US dollars
- **Licensing and other cost of revenue**: 2,306,000 US dollars
- **Research and development**: 624,110,000 US dollars
- **Selling, general and administrative**: 1,177,261,000 US dollars
- **Amortization of acquired intangible assets**: 1,720,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/ntra/fy2025-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/ntra-fy2025-annual-revenue-by-geography-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,306,113,000 US dollars
- **Cost of revenue (calculated)**: 812,933,000 US dollars
- **Gross profit (calculated)**: 1,493,180,000 US dollars
- **Operating expenses (calculated)**: 1,803,091,000 US dollars
- **Loss from operations**: negative 309,911,000 US dollars
- **Other income (expense), net (calculated)**: 41,822,000 US dollars
- **Loss before income taxes**: negative 268,089,000 US dollars
- **Income tax benefit (expense)**: negative 59,929,000 US dollars
- **Net loss**: negative 208,160,000 US dollars
- **United States**: 2,264,265,000 US dollars
- **Americas, excluding U.S.**: 9,354,000 US dollars
- **Europe, Middle East, India, and Africa**: 24,480,000 US dollars
- **Asia Pacific and Other**: 8,014,000 US dollars
- **Cost of revenues**: 812,933,000 US dollars
- **Research and development**: 624,110,000 US dollars
- **Selling, general and administrative**: 1,177,261,000 US dollars
- **Amortization of acquired intangible assets**: 1,720,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Customer

- Page: https://plicit.ai/financials/ntra/fy2025-annual-income-statement/revenue-by-customer
- Chart image: https://plicit.ai/charts/ntra-fy2025-annual-revenue-by-customer-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 2,306,113,000 US dollars
- **Cost of revenue (calculated)**: 812,933,000 US dollars
- **Gross profit (calculated)**: 1,493,180,000 US dollars
- **Operating expenses (calculated)**: 1,803,091,000 US dollars
- **Loss from operations**: negative 309,911,000 US dollars
- **Other income (expense), net (calculated)**: 41,822,000 US dollars
- **Loss before income taxes**: negative 268,089,000 US dollars
- **Income tax benefit (expense)**: negative 59,929,000 US dollars
- **Net loss**: negative 208,160,000 US dollars
- **Insurance carriers**: 2,171,186,000 US dollars
- **Laboratory and other partners**: 103,112,000 US dollars
- **Patients**: 31,815,000 US dollars
- **Cost of revenues**: 812,933,000 US dollars
- **Research and development**: 624,110,000 US dollars
- **Selling, general and administrative**: 1,177,261,000 US dollars
- **Amortization of acquired intangible assets**: 1,720,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.