• Natera average ebitda margin for 2023 was -49.83%, a 29.78% decline from 2022.
• Natera average ebitda margin for 2022 was -70.96%, a 14.36% decline from 2021.
• Natera average ebitda margin for 2021 was -62.05%, a 47.81% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.