Natera beats Q1 revenue estimates, lifts annual outlook

Natera

07/05/2026 22:00

Overview

Genetic testing firm's Q1 revenue rose 39% yr/yr, beating analyst expectations

Company raised 2026 annual revenue guidance by $120 mln at midpoint

Outlook

Natera raises 2026 revenue guidance to $2.74 bln-$2.82 bln from $2.62 bln-$2.70 bln

Company expects 2026 gross margin of approximately 64% to 66%

Natera sees 2026 net cash inflow to be positive

Result Drivers

VOLUME AND PRICE - Revenue growth was driven by increased test volumes and higher average selling prices

ONCOLOGY AND WOMEN'S HEALTH - Oncology delivered a record quarter for volume growth and women's health saw the second highest quarterly unit growth since 2019

Company press release: ID:nBw3nlpwha

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$696.6 mln
$617.11 mln (17 Analysts)
Q1 EPS
-$0.60
Q1 Net Income
-$85.1 mln
Q1 Income from Operations
-$93.5 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy"

Wall Street's median 12-month price target for Natera Inc is $263.00, about 22.3% above its May 6 closing price of $215.09

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)