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 | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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 |