Natera (NTRA) Operating Expenses (2014 - 2026)

Natera has reported Operating Expenses for 13 years, with the latest figure at $790.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 36.0% year-over-year to $790.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 billion (up 37.27% YoY), and the FY2025 full-year result was $2.6 billion, up 36.31% from the prior year.
• Operating Expenses for Q1 2026 stood at $790.2 million, up from $688.3 million in the prior quarter.
• The five-year high for Operating Expenses was $790.2 million in Q1 2026, with the low at $329.7 million in Q3 2022.
• Historically, Operating Expenses has averaged $483.3 million across 5 years, with a median of $442.1 million in 2024.
• The largest YoY upside for Operating Expenses was 53.84% in 2022 against a maximum downside of 6.93% in 2022.
• Natera's Operating Expenses stood at $359.0 million in 2022, then gained by 10.2% to $395.6 million in 2023, then soared by 36.69% to $540.8 million in 2024, then grew by 27.27% to $688.3 million in 2025, then climbed by 14.8% to $790.2 million in 2026.
• The last three Operating Expenses figures came in at $790.2 million (Q1 2026), $688.3 million (Q4 2025), and $689.8 million (Q3 2025), per Business Quant data.