Natera (NTRA) Research & Development (2014 - 2026)

Natera (NTRA) posted Research & Development of $210.7 million for Q1 2026, up 20.27% quarter-over-quarter from $175.2 million in Q4 2025, and up 63.24% year-on-year from $129.1 million in Q1 2025.

Natera (NTRA) Research & Development (2014 - 2026) Analysis & Trends

Natera (NTRA) has reported Research & Development for 13 consecutive years, with $210.7 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $210.7 million, up 63.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $705.7 million (up 58.74% YoY), and the FY2025 annual result was $624.1 million, up 54.43% from the prior year.
  • Research & Development was $210.7 million for Q1 2026 at Natera, up from $175.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $210.7 million in Q1 2026 and troughed at $65.5 million in Q3 2022.
  • Average Research & Development over 5 years is $110.4 million, with a median of $88.6 million recorded in 2024.
  • The widest YoY moves for Research & Development: up 100.09% in 2022, down 33.46% in 2022.
  • Over 5 years, Research & Development stood at $87.9 million in 2022, then slipped by 5.63% to $83.0 million in 2023, then surged by 56.04% to $129.5 million in 2024, then soared by 35.32% to $175.2 million in 2025, then gained by 20.27% to $210.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $210.7 million in Q1 2026, $175.2 million in Q4 2025, and $173.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 210.70 Mn
Dec 31, 2025 175.19 Mn
Sep 30, 2025 173.41 Mn
Jun 30, 2025 146.43 Mn
Mar 31, 2025 129.08 Mn
Dec 31, 2024 129.46 Mn
Sep 30, 2024 96.93 Mn
Jun 30, 2024 89.11 Mn
Mar 31, 2024 88.64 Mn
Dec 31, 2023 82.96 Mn
Sep 30, 2023 77.24 Mn
Jun 30, 2023 78.17 Mn
Mar 31, 2023 82.31 Mn
Dec 31, 2022 87.91 Mn
Sep 30, 2022 65.51 Mn
Jun 30, 2022 82.58 Mn
Mar 31, 2022 80.41 Mn
Dec 31, 2021 71.81 Mn
Sep 30, 2021 98.46 Mn
Jun 30, 2021 53.75 Mn