Natera (NTRA) Operating Leases (2019 - 2026)

Natera's (NTRA) quarterly Operating Leases came in at $159.8 million in Q1 2026, up 55.04% YoY from $103.1 million in Q1 2025, and up 34.86% on a QoQ basis from $118.5 million in Q4 2025.

Natera (NTRA) Operating Leases (2019 - 2026) Analysis & Trends

Natera (NTRA) has 8 years of Operating Leases data on file, last reported at $159.8 million in Q1 2026.

  • Quarterly Operating Leases rose 55.04% year-over-year to $159.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $159.8 million (up 55.04% YoY) and the FY2025 annual result came in at $118.5 million, up 22.66% from the prior year.
  • Operating Leases climbed to $159.8 million in Q1 2026, from $118.5 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $159.8 million in Q1 2026 to a low of $61.2 million in Q2 2024.
  • A 5-year average of $86.9 million and a median of $76.6 million in 2022 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2024 — Operating Leases declined 13.88% — and 2025, when it soared 67.81%.
  • Tracing NTRA's Operating Leases over 5 years: stood at $76.6 million in 2022, then slipped by 12.47% to $67.0 million in 2023, then surged by 44.11% to $96.6 million in 2024, then climbed by 22.66% to $118.5 million in 2025, then jumped by 34.86% to $159.8 million in 2026.
  • The last three Operating Leases figures came in at $159.8 million (Q1 2026), $118.5 million (Q4 2025), and $104.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.92 Bn 209.86 Bn 8.34 Bn
2 Danaher 140.37 Bn 136.02 Bn 3.61 Bn
3 Idexx Laboratories 46.17 Bn 45.97 Bn 779.09 Mn
4 Agilent Technologies 39.76 Bn 37.96 Bn 990.00 Mn
5 Iqvia Holdings 39.41 Bn 37.33 Bn 1.44 Bn
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn
7 Illumina 30.07 Bn 28.90 Bn 770.00 Mn
8 Mettler Toledo International 28.62 Bn 28.56 Bn 650.22 Mn
9 Quest Diagnostics 26.15 Bn 25.53 Bn 1.03 Bn
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 159.78 Mn
Dec 31, 2025 118.47 Mn
Sep 30, 2025 104.38 Mn
Jun 30, 2025 102.74 Mn
Mar 31, 2025 103.06 Mn
Dec 31, 2024 96.59 Mn
Sep 30, 2024 98.95 Mn
Jun 30, 2024 61.23 Mn
Mar 31, 2024 64.16 Mn
Dec 31, 2023 67.03 Mn
Sep 30, 2023 68.29 Mn
Jun 30, 2023 71.09 Mn
Mar 31, 2023 73.85 Mn
Dec 31, 2022 76.58 Mn
Sep 30, 2022 78.47 Mn
Jun 30, 2022 65.42 Mn
Mar 31, 2022 67.48 Mn
Dec 31, 2021 61.04 Mn
Sep 30, 2021 48.39 Mn
Jun 30, 2021 49.52 Mn