Natera (NTRA) Capital Expenditures (2014 - 2026)
Natera (NTRA) recorded Capital Expenditures of $63.43 million in Q2 2026, up 144.9% from $25.9 million a year earlier and up 186.5% from the prior quarter.
Natera (NTRA) Capital Expenditures (2014 - 2026) Analysis & Trends
On a TTM basis, Natera's Capital Expenditures came in at $144.04 million as of Jun 30, 2026, up 75.4% year-over-year; for FY2025, it was $106.19 million, up 59.9% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 40.2% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $66.42 million in FY2024 (+69.5%), $39.2 million in FY2023 (-17.8%), $47.7 million in FY2022 (+16.2%) and $41.03 million in FY2021 (+109.3%).
- The Q2 2026 figure is the highest quarterly Capital Expenditures in data going back to Q3 2014.
- On a year-over-year basis, Capital Expenditures has increased for ten consecutive quarters, with growth averaging 71.8% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 576.1% in Q3 2021, against a decline of 28.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $22.14 million (Q1 2026), $36.07 million (Q4 2025) and $22.41 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 104.12 Bn | 100.13 Bn | - | 1.23 Bn |
| 2 | Natera | 56.67 Bn | 52.35 Bn | 485.19 Mn | 63.43 Mn |
| 3 | Quest Diagnostics | 25.93 Bn | 24.06 Bn | 1.03 Bn | 138.00 Mn |
| 4 | Labcorp Holdings | 25.91 Bn | 23.65 Bn | 1.11 Bn | 131.60 Mn |
| 5 | Tenet Healthcare | 22.88 Bn | 11.89 Bn | - | 168.00 Mn |
| 6 | Guardant Health | 21.61 Bn | 17.68 Bn | 219.03 Mn | 11.76 Mn |
| 7 | BrightSpring Health Services | 13.04 Bn | 11.37 Bn | 492.75 Mn | 29.03 Mn |
| 8 | Fresenius Medical Care AG | 12.53 Bn | 4.49 Bn | 1.52 Bn | 279.43 Mn |
| 9 | Encompass Health | 12.51 Bn | 12.17 Bn | - | 220.30 Mn |
| 10 | Tempus AI | 12.37 Bn | 9.40 Bn | 246.50 Mn | 6.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.43 Mn |
| Mar 31, 2026 | 22.14 Mn |
| Dec 31, 2025 | 36.07 Mn |
| Sep 30, 2025 | 22.41 Mn |
| Jun 30, 2025 | 25.90 Mn |
| Mar 31, 2025 | 21.82 Mn |
| Dec 31, 2024 | 18.12 Mn |
| Sep 30, 2024 | 16.31 Mn |
| Jun 30, 2024 | 11.68 Mn |
| Mar 31, 2024 | 20.32 Mn |
| Dec 31, 2023 | 10.05 Mn |
| Sep 30, 2023 | 8.96 Mn |
| Jun 30, 2023 | 8.81 Mn |
| Mar 31, 2023 | 11.38 Mn |
| Dec 31, 2022 | 11.83 Mn |
| Sep 30, 2022 | 12.21 Mn |
| Jun 30, 2022 | 7.78 Mn |
| Mar 31, 2022 | 15.89 Mn |
| Dec 31, 2021 | 9.00 Mn |
| Sep 30, 2021 | 13.14 Mn |
Natera Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NTRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NTRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();