Natera (NTRA) Operating Expenses (2014 - 2026)

Natera (NTRA) has reported Operating Expenses for 13 consecutive years, with $790.2 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $790.2 million, up 36.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.8 billion (up 37.27% YoY), and the FY2025 annual result was $2.6 billion, up 36.31% from the prior year.
• Operating Expenses was $790.2 million for Q1 2026 at Natera, up from $688.3 million in the prior quarter.
• Over five years, Operating Expenses peaked at $790.2 million in Q1 2026 and troughed at $329.7 million in Q3 2022.
• Average Operating Expenses over 5 years is $483.3 million, with a median of $442.1 million recorded in 2024.
• The widest YoY moves for Operating Expenses: up 53.84% in 2022, down 6.93% in 2022.
• Over 5 years, Operating Expenses stood at $359.0 million in 2022, then grew by 10.2% to $395.6 million in 2023, then soared by 36.69% to $540.8 million in 2024, then gained by 27.27% to $688.3 million in 2025, then rose by 14.8% to $790.2 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $790.2 million in Q1 2026, $688.3 million in Q4 2025, and $689.8 million in Q3 2025.