• Natera average pre-tax profit margin for 2023 was -52.1%, a 30.11% decline from 2022.
• Natera average pre-tax profit margin for 2022 was -74.55%, a 11.45% decline from 2021.
• Natera average pre-tax profit margin for 2021 was -66.89%, a 38.37% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.