GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

NTRA · Jun 30, 2026

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

STATE CAPABILITYLEVEL 4[email protected]

Inspectable configuration

State dimensions

Filing0001628280-26-054525General Corporate

Capex intensity100thOwn-history percentile · N=17

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

8.43% · OPTIONAL · VALID

Operating cash generation65thOwn-history percentile · N=17

Evidence method

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

7.28% · OPTIONAL · VALID

Revenue growth62thOwn-history percentile · N=13

Evidence method

Yoy · gp.fundamentals.revenue

37.72% · CORE · VALID

Inventory pressure47thOwn-history percentile · N=17

Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

10.67% · OPTIONAL · VALID

Operating margin94thOwn-history percentile · N=17

Evidence method

Level · gp.fundamentals.operating_margin

-10.07% · CORE · VALID

R&D intensity71thOwn-history percentile · N=17

Evidence method

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

30.30% · OPTIONAL · VALID

SBC intensity6thOwn-history percentile · N=17

Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

13.70% · 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

Period transition

What moved in the state?

Capex Intensity Increased

Previous: 3.18%
Current: 8.43%
Delta: 5.25%

Cash Generation Increased

Previous: 5.77%
Current: 7.28%
Delta: 1.51%

Growth Decreased

Previous: 38.82%
Current: 37.72%
Delta: -1.11%

Inventory Pressure Increased

Previous: 10.15%
Current: 10.67%
Delta: 0.52%

Profitability Increased

Previous: -13.42%
Current: -10.07%
Delta: 3.36%

R And D Intensity Increased

Previous: 30.25%
Current: 30.30%
Delta: 0.05%

Sbc Intensity Increased

Previous: 13.65%
Current: 13.70%
Delta: 0.04%

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.

Mar 31, 2025

Similarity: 74%
Compared: 7 dimensions
Coverage: 100%

Growth 11.5 · Profitability 19.1 · Sbc Intensity 5.9 · Capex Intensity 41.7 · Cash Generation 27.0 · R And D Intensity 37.3 · Inventory Pressure 13.7

Dec 31, 2025

Similarity: 74%
Compared: 7 dimensions
Coverage: 100%

Growth 7.0 · Profitability 14.1 · Sbc Intensity 0.8 · Capex Intensity 40.0 · Cash Generation 22.0 · R And D Intensity 30.6 · Inventory Pressure 40.4

Mar 31, 2024

Similarity: 62%
Compared: 6 dimensions
Coverage: 86%

Profitability 5.9 · Sbc Intensity 19.1 · Capex Intensity 37.5 · Cash Generation 35.3 · R And D Intensity 70.6 · Inventory Pressure 22.1

Sep 30, 2024

Similarity: 62%
Compared: 6 dimensions
Coverage: 86%

Profitability 5.9 · Sbc Intensity 5.9 · Capex Intensity 60.0 · Cash Generation 35.3 · R And D Intensity 60.6 · Inventory Pressure 17.1

Research Graph

Related governed research

Compared To · Services-Medical Laboratories peers →Analogous To · NTRA state analogue 1 →Analogous To · NTRA state analogue 4 →Analogous To · NTRA state analogue 2 →Analogous To · NTRA state analogue 3 →Derived From · NTRA Company Quality Vector →Has State · Natera, Inc. →Transitioned To · NTRA Fundamental State →Transitioned To · NTRA CAPEX_INTENSITY_INCREASED →Transitioned To · NTRA CASH_GENERATION_INCREASED →Transitioned To · NTRA GROWTH_DECREASED →Transitioned To · NTRA INVENTORY_PRESSURE_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.