Natera NTRA
NASDAQ NTRA
$366.36 +21.02 (+6.08%)
As of: Sep 17, 2026 · 3:59 PM EDT

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

Natera's (NTRA) quarterly Research & Development came in at $228.1 million in Q2 2026, up 55.76% on a YoY basis from $146.4 million in Q2 2025, and up 8.24% quarter-over-quarter from $210.7 million in Q1 2026.

Analysis

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

Natera (NTRA) has reported Research & Development for 13 consecutive years, with $228.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 55.76% year-over-year to $228.1 million; the trailing twelve-month figure through Jun 2026 stood at $787.4 million (up 56.88% YoY), and the FY2025 full-year result was $624.1 million, up 54.43% from the prior year.
  • Research & Development improved to $228.1 million in Q2 2026 per NTRA's latest filing, from $210.7 million in the prior quarter.
  • Across five years, Research & Development topped out at $228.1 million in Q2 2026 and bottomed at $65.5 million in Q3 2022.
  • Historically, Research & Development has averaged $116.9 million across 5 years, with a median of $88.9 million 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 decreased by 5.63% to $83.0 million in 2023, then jumped by 56.04% to $129.5 million in 2024, then surged by 35.32% to $175.2 million in 2025, then jumped by 30.18% to $228.1 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $228.1 million, $210.7 million, and $175.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 228.07 Mn
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn -
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn -
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 189.95 Mn
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 52.64 Mn
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 53.76 Mn
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn -
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 17.32 Mn
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 26.41 Mn
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 19.84 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 228.07 Mn
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