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Side-by-side financial comparison of Natera, Inc. (NTRA) and Regency Centers (REG). Click either name above to swap in a different company.

Natera, Inc. is the larger business by last-quarter revenue ($665.5M vs $404.2M, roughly 1.6× Regency Centers). Regency Centers runs the higher net margin — 50.1% vs 7.1%, a 43.0% gap on every dollar of revenue. On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 8.5%). Over the past eight quarters, Natera, Inc.'s revenue compounded faster (34.5% CAGR vs 5.4%).

Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

NTRA vs REG — Head-to-Head

Bigger by revenue
NTRA
NTRA
1.6× larger
NTRA
$665.5M
$404.2M
REG
Growing faster (revenue YoY)
NTRA
NTRA
+31.3% gap
NTRA
39.8%
8.5%
REG
Higher net margin
REG
REG
43.0% more per $
REG
50.1%
7.1%
NTRA
Faster 2-yr revenue CAGR
NTRA
NTRA
Annualised
NTRA
34.5%
5.4%
REG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NTRA
NTRA
REG
REG
Revenue
$665.5M
$404.2M
Net Profit
$47.3M
$202.5M
Gross Margin
Operating Margin
-3.4%
71.0%
Net Margin
7.1%
50.1%
Revenue YoY
39.8%
8.5%
Net Profit YoY
187.9%
134.1%
EPS (diluted)
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NTRA
NTRA
REG
REG
Q4 25
$665.5M
$404.2M
Q3 25
$592.2M
$387.6M
Q2 25
$546.6M
$380.8M
Q1 25
$501.8M
$380.9M
Q4 24
$476.1M
$372.5M
Q3 24
$439.8M
$360.3M
Q2 24
$413.4M
$357.3M
Q1 24
$367.7M
$363.9M
Net Profit
NTRA
NTRA
REG
REG
Q4 25
$47.3M
$202.5M
Q3 25
$-87.5M
$109.4M
Q2 25
$-100.9M
$106.0M
Q1 25
$-66.9M
$109.6M
Q4 24
$-53.8M
$86.5M
Q3 24
$-31.6M
$101.5M
Q2 24
$-37.5M
$102.7M
Q1 24
$-67.6M
$109.8M
Operating Margin
NTRA
NTRA
REG
REG
Q4 25
-3.4%
71.0%
Q3 25
-16.5%
72.7%
Q2 25
-20.2%
73.8%
Q1 25
-15.8%
71.8%
Q4 24
-13.6%
71.1%
Q3 24
-8.9%
72.5%
Q2 24
-10.6%
72.3%
Q1 24
-20.2%
72.3%
Net Margin
NTRA
NTRA
REG
REG
Q4 25
7.1%
50.1%
Q3 25
-14.8%
28.2%
Q2 25
-18.5%
27.8%
Q1 25
-13.3%
28.8%
Q4 24
-11.3%
23.2%
Q3 24
-7.2%
28.2%
Q2 24
-9.1%
28.7%
Q1 24
-18.4%
30.2%
EPS (diluted)
NTRA
NTRA
REG
REG
Q4 25
$0.36
Q3 25
$-0.64
Q2 25
$-0.74
Q1 25
$-0.50
Q4 24
$-0.41
Q3 24
$-0.26
Q2 24
$-0.30
Q1 24
$-0.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NTRA
NTRA
REG
REG
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$1.7B
$6.9B
Total Assets
$2.4B
$13.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTRA
NTRA
REG
REG
Q4 25
Q3 25
$1.0M
Q2 25
$16.0M
Q1 25
$17.8M
Q4 24
$22.7M
Q3 24
$29.5M
Q2 24
$90.3M
Q1 24
$69.1M
Total Debt
NTRA
NTRA
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
NTRA
NTRA
REG
REG
Q4 25
$1.7B
$6.9B
Q3 25
$1.3B
$6.8B
Q2 25
$1.2B
$6.7B
Q1 25
$1.2B
$6.7B
Q4 24
$1.2B
$6.7B
Q3 24
$878.5M
$6.8B
Q2 24
$836.5M
$6.8B
Q1 24
$794.1M
$7.0B
Total Assets
NTRA
NTRA
REG
REG
Q4 25
$2.4B
$13.0B
Q3 25
$1.8B
$13.1B
Q2 25
$1.8B
$12.7B
Q1 25
$1.7B
$12.6B
Q4 24
$1.7B
$12.4B
Q3 24
$1.6B
$12.4B
Q2 24
$1.5B
$12.4B
Q1 24
$1.5B
$12.7B
Debt / Equity
NTRA
NTRA
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NTRA
NTRA
REG
REG
Operating Cash FlowLast quarter
$73.9M
$203.9M
Free Cash FlowOCF − Capex
$37.8M
FCF MarginFCF / Revenue
5.7%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
1.56×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$109.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTRA
NTRA
REG
REG
Q4 25
$73.9M
$203.9M
Q3 25
$59.4M
$218.7M
Q2 25
$37.6M
$244.0M
Q1 25
$44.5M
$161.0M
Q4 24
$52.9M
$191.4M
Q3 24
$51.8M
$227.6M
Q2 24
$4.0M
$203.5M
Q1 24
$27.0M
$167.8M
Free Cash Flow
NTRA
NTRA
REG
REG
Q4 25
$37.8M
Q3 25
$37.0M
Q2 25
$11.7M
Q1 25
$22.6M
Q4 24
$34.8M
Q3 24
$35.5M
Q2 24
$-7.7M
Q1 24
$6.7M
FCF Margin
NTRA
NTRA
REG
REG
Q4 25
5.7%
Q3 25
6.2%
Q2 25
2.1%
Q1 25
4.5%
Q4 24
7.3%
Q3 24
8.1%
Q2 24
-1.9%
Q1 24
1.8%
Capex Intensity
NTRA
NTRA
REG
REG
Q4 25
5.4%
Q3 25
3.8%
Q2 25
4.7%
Q1 25
4.3%
Q4 24
3.8%
Q3 24
3.7%
Q2 24
2.8%
Q1 24
5.5%
Cash Conversion
NTRA
NTRA
REG
REG
Q4 25
1.56×
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NTRA
NTRA

Segment breakdown not available.

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

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