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

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

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

Natera has reported Research & Development for 13 years, with the latest figure at $210.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 63.24% year-over-year to $210.7 million; the trailing twelve-month figure through Mar 2026 stood at $705.7 million (up 58.74% YoY), and the FY2025 full-year result was $624.1 million, up 54.43% from the prior year.
  • Research & Development for Q1 2026 stood at $210.7 million, up from $175.2 million in the prior quarter.
  • The five-year high for Research & Development was $210.7 million in Q1 2026, with the low at $65.5 million in Q3 2022.
  • Historically, Research & Development has averaged $110.4 million across 5 years, with a median of $88.6 million in 2024.
  • The largest YoY upside for Research & Development was 100.09% in 2022 against a maximum downside of 33.46% in 2022.
  • Natera's Research & Development stood at $87.9 million in 2022, then fell 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 grew by 20.27% to $210.7 million in 2026.
  • The last three Research & Development figures came in at $210.7 million (Q1 2026), $175.2 million (Q4 2025), and $173.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 336.00 Mn
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 65.79 Mn
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 126.00 Mn
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 210.70 Mn
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn -
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 51.28 Mn
10 Quest Diagnostics 22.51 Bn 22.42 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