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| Date | Value |
|---|---|
| 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 |