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

Natera, Inc. is the larger business by last-quarter revenue ($665.5M vs $397.0M, roughly 1.7× Root, Inc.). On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 21.5%). Over the past eight quarters, Natera, Inc.'s revenue compounded faster (34.5% CAGR vs 24.8%).

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...

Root Insurance Company is an online car insurance company operating in the United States.

NTRA vs ROOT — Head-to-Head

Bigger by revenue
NTRA
NTRA
1.7× larger
NTRA
$665.5M
$397.0M
ROOT
Growing faster (revenue YoY)
NTRA
NTRA
+18.3% gap
NTRA
39.8%
21.5%
ROOT
Faster 2-yr revenue CAGR
NTRA
NTRA
Annualised
NTRA
34.5%
24.8%
ROOT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NTRA
NTRA
ROOT
ROOT
Revenue
$665.5M
$397.0M
Net Profit
$47.3M
Gross Margin
Operating Margin
-3.4%
2.6%
Net Margin
7.1%
Revenue YoY
39.8%
21.5%
Net Profit YoY
187.9%
EPS (diluted)
$0.36
$0.35

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
ROOT
ROOT
Q4 25
$665.5M
$397.0M
Q3 25
$592.2M
$387.8M
Q2 25
$546.6M
$382.9M
Q1 25
$501.8M
$349.4M
Q4 24
$476.1M
$326.7M
Q3 24
$439.8M
$305.7M
Q2 24
$413.4M
$289.2M
Q1 24
$367.7M
$254.9M
Net Profit
NTRA
NTRA
ROOT
ROOT
Q4 25
$47.3M
Q3 25
$-87.5M
$-5.4M
Q2 25
$-100.9M
$22.0M
Q1 25
$-66.9M
$18.4M
Q4 24
$-53.8M
Q3 24
$-31.6M
$22.8M
Q2 24
$-37.5M
$-7.8M
Q1 24
$-67.6M
$-6.2M
Operating Margin
NTRA
NTRA
ROOT
ROOT
Q4 25
-3.4%
2.6%
Q3 25
-16.5%
0.1%
Q2 25
-20.2%
7.1%
Q1 25
-15.8%
6.8%
Q4 24
-13.6%
10.7%
Q3 24
-8.9%
11.3%
Q2 24
-10.6%
1.3%
Q1 24
-20.2%
2.1%
Net Margin
NTRA
NTRA
ROOT
ROOT
Q4 25
7.1%
Q3 25
-14.8%
-1.4%
Q2 25
-18.5%
5.7%
Q1 25
-13.3%
5.3%
Q4 24
-11.3%
Q3 24
-7.2%
7.5%
Q2 24
-9.1%
-2.7%
Q1 24
-18.4%
-2.4%
EPS (diluted)
NTRA
NTRA
ROOT
ROOT
Q4 25
$0.36
$0.35
Q3 25
$-0.64
$-0.35
Q2 25
$-0.74
$1.29
Q1 25
$-0.50
$1.07
Q4 24
$-0.41
$1.42
Q3 24
$-0.26
$1.35
Q2 24
$-0.30
$-0.52
Q1 24
$-0.56
$-0.42

Balance Sheet & Financial Strength

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

Metric
NTRA
NTRA
ROOT
ROOT
Cash + ST InvestmentsLiquidity on hand
$669.3M
Total DebtLower is stronger
$200.3M
Stockholders' EquityBook value
$1.7B
$284.3M
Total Assets
$2.4B
$1.7B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NTRA
NTRA
ROOT
ROOT
Q4 25
$669.3M
Q3 25
$1.0M
$653.3M
Q2 25
$16.0M
$641.4M
Q1 25
$17.8M
$609.4M
Q4 24
$22.7M
$599.3M
Q3 24
$29.5M
$674.8M
Q2 24
$90.3M
$667.2M
Q1 24
$69.1M
$640.5M
Total Debt
NTRA
NTRA
ROOT
ROOT
Q4 25
$200.3M
Q3 25
$200.4M
Q2 25
$200.1M
Q1 25
$200.0M
Q4 24
$200.1M
Q3 24
$300.9M
Q2 24
$300.1M
Q1 24
$299.3M
Stockholders' Equity
NTRA
NTRA
ROOT
ROOT
Q4 25
$1.7B
$284.3M
Q3 25
$1.3B
$265.0M
Q2 25
$1.2B
$244.5M
Q1 25
$1.2B
$228.7M
Q4 24
$1.2B
$203.7M
Q3 24
$878.5M
$181.9M
Q2 24
$836.5M
$151.3M
Q1 24
$794.1M
$165.7M
Total Assets
NTRA
NTRA
ROOT
ROOT
Q4 25
$2.4B
$1.7B
Q3 25
$1.8B
$1.6B
Q2 25
$1.8B
$1.6B
Q1 25
$1.7B
$1.6B
Q4 24
$1.7B
$1.5B
Q3 24
$1.6B
$1.6B
Q2 24
$1.5B
$1.5B
Q1 24
$1.5B
$1.4B
Debt / Equity
NTRA
NTRA
ROOT
ROOT
Q4 25
0.70×
Q3 25
0.76×
Q2 25
0.82×
Q1 25
0.87×
Q4 24
0.98×
Q3 24
1.65×
Q2 24
1.98×
Q1 24
1.81×

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
ROOT
ROOT
Operating Cash FlowLast quarter
$73.9M
$206.5M
Free Cash FlowOCF − Capex
$37.8M
FCF MarginFCF / Revenue
5.7%
Capex IntensityCapex / Revenue
5.4%
0.0%
Cash ConversionOCF / Net Profit
1.56×
TTM Free Cash FlowTrailing 4 quarters
$109.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NTRA
NTRA
ROOT
ROOT
Q4 25
$73.9M
$206.5M
Q3 25
$59.4M
$57.6M
Q2 25
$37.6M
$52.0M
Q1 25
$44.5M
$26.8M
Q4 24
$52.9M
$195.7M
Q3 24
$51.8M
$49.4M
Q2 24
$4.0M
$62.6M
Q1 24
$27.0M
$14.5M
Free Cash Flow
NTRA
NTRA
ROOT
ROOT
Q4 25
$37.8M
Q3 25
$37.0M
Q2 25
$11.7M
Q1 25
$22.6M
Q4 24
$34.8M
$195.3M
Q3 24
$35.5M
Q2 24
$-7.7M
$62.4M
Q1 24
$6.7M
$14.3M
FCF Margin
NTRA
NTRA
ROOT
ROOT
Q4 25
5.7%
Q3 25
6.2%
Q2 25
2.1%
Q1 25
4.5%
Q4 24
7.3%
59.8%
Q3 24
8.1%
Q2 24
-1.9%
21.6%
Q1 24
1.8%
5.6%
Capex Intensity
NTRA
NTRA
ROOT
ROOT
Q4 25
5.4%
0.0%
Q3 25
3.8%
0.0%
Q2 25
4.7%
0.0%
Q1 25
4.3%
0.0%
Q4 24
3.8%
0.1%
Q3 24
3.7%
0.0%
Q2 24
2.8%
0.1%
Q1 24
5.5%
0.1%
Cash Conversion
NTRA
NTRA
ROOT
ROOT
Q4 25
1.56×
Q3 25
Q2 25
2.36×
Q1 25
1.46×
Q4 24
Q3 24
2.17×
Q2 24
Q1 24

Financial Flow Comparison

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

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