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Natera (NTRA) Operating Expenses (2016 - 2025)

Natera (NTRA) has disclosed Operating Expenses for 12 consecutive years, with $688.3 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 27.27% year-over-year to $688.3 million, compared with a TTM value of $2.6 billion through Dec 2025, up 36.31%, and an annual FY2025 reading of $2.6 billion, up 36.31% over the prior year.
  • Operating Expenses was $688.3 million for Q4 2025 at Natera, roughly flat from $689.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $689.8 million in Q3 2025 and bottomed at $215.3 million in Q1 2021.
  • Average Operating Expenses over 5 years is $425.9 million, with a median of $379.7 million recorded in 2023.
  • The sharpest move saw Operating Expenses soared 100.31% in 2021, then grew 6.93% in 2022.
  • Year by year, Operating Expenses stood at $312.7 million in 2021, then rose by 14.82% to $359.0 million in 2022, then rose by 10.2% to $395.6 million in 2023, then surged by 36.69% to $540.8 million in 2024, then rose by 27.27% to $688.3 million in 2025.
  • Business Quant data shows Operating Expenses for NTRA at $688.3 million in Q4 2025, $689.8 million in Q3 2025, and $657.0 million in Q2 2025.