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

Natera's (NTRA) quarterly Research & Development came in at $210.7 million in Q1 2026, up 63.24% YoY from $129.1 million in Q1 2025, and up 20.27% on a QoQ basis from $175.2 million in Q4 2025.

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

Natera (NTRA) has 13 years of Research & Development data on file, last reported at $210.7 million in Q1 2026.

  • Quarterly Research & Development rose 63.24% year-over-year to $210.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $705.7 million (up 58.74% YoY) and the FY2025 annual result came in at $624.1 million, up 54.43% from the prior year.
  • Research & Development rose to $210.7 million in Q1 2026, from $175.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $210.7 million in Q1 2026 to a low of $65.5 million in Q3 2022.
  • A 5-year average of $110.4 million and a median of $88.6 million in 2024 frame the typical range for Research & Development.
  • The widest YoY moves for Research & Development: up 100.09% in 2022, down 33.46% in 2022.
  • Tracing NTRA's Research & Development over 5 years: 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 Thermo Fisher Scientific 213.86 Bn 209.80 Bn 8.34 Bn 364.00 Mn
2 Danaher 140.41 Bn 136.07 Bn 3.61 Bn 412.00 Mn
3 Idexx Laboratories 46.33 Bn 46.13 Bn 779.09 Mn 171.28 Mn
4 Agilent Technologies 39.71 Bn 37.90 Bn 990.00 Mn 126.00 Mn
5 Iqvia Holdings 39.35 Bn 37.27 Bn 1.44 Bn -
6 Natera 38.97 Bn 37.87 Bn 696.04 Mn 210.70 Mn
7 Illumina 30.09 Bn 28.92 Bn 770.00 Mn 252.00 Mn
8 Mettler Toledo International 28.70 Bn 28.65 Bn 650.22 Mn 52.99 Mn
9 Quest Diagnostics 26.19 Bn 25.56 Bn 1.03 Bn -
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn -

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