Sera Prognostics (SERA) Operating Expenses (2020 - 2026)
Sera Prognostics' Operating Expenses was $10.03 million in Q2 2026, up 7.5% from $9.34 million a year earlier and up 7.0% from the prior quarter.
Sera Prognostics (SERA) Operating Expenses (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Sera Prognostics' Operating Expenses was $37.37 million through Jun 30, 2026, up 1.1% year-over-year; for FY2025, it was $36.59 million, down 0.3% from FY2024.
- Operating Expenses has now declined for three consecutive years, though with a five-year compound annual growth rate of 15.2% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $36.71 million in FY2024 (-8.5%), $40.13 million in FY2023 (-12.6%), $45.92 million in FY2022 (+29.4%) and $35.48 million in FY2021 (+97.1%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q2 2023.
- Compared with a year earlier, Operating Expenses was higher in seven of the last eight quarters, with growth averaging 2.7%.
- The best year-over-year quarter for Operating Expenses over five years was Q4 2021 (growth of 164.1%); the worst was Q3 2023 (a decline of 27.0%).
- Per Business Quant data, SERA's Operating Expenses in the three quarters before Q2 2026 was $9.37 million (Q1 2026), $8.96 million (Q4 2025) and $9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | 17.74 Bn |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 582.30 Mn |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 2.58 Bn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | - |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | 464.10 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 362.36 Mn |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 901.58 Mn |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | 1.31 Bn |
| 10 | Sera Prognostics | 102.47 Mn | -73.88 Mn | -20,000.00 | 10.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.03 Mn |
| Mar 31, 2026 | 9.37 Mn |
| Dec 31, 2025 | 8.96 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | 9.34 Mn |
| Mar 31, 2025 | 9.29 Mn |
| Dec 31, 2024 | 9.45 Mn |
| Sep 30, 2024 | 8.89 Mn |
| Jun 30, 2024 | 9.28 Mn |
| Mar 31, 2024 | 9.10 Mn |
| Dec 31, 2023 | 8.89 Mn |
| Sep 30, 2023 | 8.23 Mn |
| Jun 30, 2023 | 11.58 Mn |
| Mar 31, 2023 | 11.43 Mn |
| Dec 31, 2022 | 10.48 Mn |
| Sep 30, 2022 | 11.28 Mn |
| Jun 30, 2022 | 11.82 Mn |
| Mar 31, 2022 | 12.34 Mn |
| Dec 31, 2021 | 12.57 Mn |
| Sep 30, 2021 | 9.47 Mn |
Sera Prognostics Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SERA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SERA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SERA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();