GPGrossPatternRESEARCH SYSTEM
SEC CHECK OPERATIONAL
GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

NTRA · Dec 31, 2025

Natera, Inc.. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]
Inspectable configuration

State dimensions

Filing0001104659-26-020881General Corporate
Capex intensity60thOwn-history percentile · N=15
Evidence method

Level · gp.fundamentals.capex_revenue_ratio

4.60% · OPTIONAL · VALID

Operating cash generation87thOwn-history percentile · N=15
Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

9.34% · OPTIONAL · VALID

Revenue growth55thOwn-history percentile · N=11
Evidence method

Yoy · gp.fundamentals.revenue

35.90% · CORE · VALID

Inventory pressure7thOwn-history percentile · N=15
Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

2.97% · OPTIONAL · VALID

Operating margin80thOwn-history percentile · N=15
Evidence method

Level · gp.fundamentals.operating_margin

-13.44% · CORE · VALID

R&D intensity40thOwn-history percentile · N=15
Evidence method

Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue

27.06% · OPTIONAL · VALID

SBC intensity7thOwn-history percentile · N=15
Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

15.37% · OPTIONAL · VALID

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History14 statesSelf-history eligible
Mar 31, 20230/7 normalizedLevel 3Jun 30, 20230/7 normalizedLevel 3Sep 30, 20230/7 normalizedLevel 3Dec 31, 20230/8 normalizedLevel 3Mar 31, 20246/7 normalizedLevel 3Jun 30, 20246/7 normalizedLevel 3Sep 30, 20246/7 normalizedLevel 3Dec 31, 20246/7 normalizedLevel 3Mar 31, 20257/7 normalizedLevel 3Jun 30, 20257/7 normalizedLevel 3Sep 30, 20257/7 normalizedLevel 3Dec 31, 20257/7 normalizedLevel 3Mar 31, 20267/7 normalizedLevel 3Jun 30, 20267/7 normalizedLevel 4
Period transition

What moved in the state?

Capex Intensity Increased
Previous
3.78%
Current
4.60%
Delta
0.82%
Cash Generation Decreased
Previous
10.03%
Current
9.34%
Delta
-0.69%
Growth Increased
Previous
34.66%
Current
35.90%
Delta
1.24%
Inventory Pressure Decreased
Previous
10.92%
Current
2.97%
Delta
-7.95%
Profitability Increased
Previous
-16.48%
Current
-13.44%
Delta
3.04%
R And D Intensity Decreased
Previous
29.28%
Current
27.06%
Delta
-2.22%
Sbc Intensity Increased
Previous
15.31%
Current
15.37%
Delta
0.06%
Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.
Research Graph

Related governed research

Transitioned To · NTRA Fundamental State →Analogous To · NTRA state analogue 2 →Has State · Natera, Inc. →Transitioned To · NTRA Fundamental State →Transitioned To · NTRA CAPEX_INTENSITY_INCREASED →Transitioned To · NTRA CASH_GENERATION_DECREASED →Transitioned To · NTRA GROWTH_INCREASED →Transitioned To · NTRA INVENTORY_PRESSURE_DECREASED →Transitioned To · NTRA PROFITABILITY_INCREASED →Transitioned To · NTRA R_AND_D_INTENSITY_DECREASED →Transitioned To · NTRA SBC_INTENSITY_INCREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.