Operating Expenses

SG&A

Natera, Inc. SG&A increased by 12.6% to $327.94M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from $266.86M to $327.94M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 23.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$127.46M$128.49M$146.76M$147.63M$149.47M$147.67M$143.82M$149.63M$152.51M$154.74M$161.43M$194.28M$197.97M$214.15M$234.92M$266.86M$310.55M$308.55M$291.30M$327.94M
QoQ Change+0.8%+14.2%+0.6%+1.2%-1.2%-2.6%+4.0%+1.9%+1.5%+4.3%+20.3%+1.9%+8.2%+9.7%+13.6%+16.4%-0.6%-5.6%+12.6%
YoY Change+17.3%+14.9%-2.0%+1.3%+2.0%+4.8%+12.2%+29.8%+29.8%+38.4%+45.5%+37.4%+56.9%+44.1%+24.0%+22.9%
Range$127.46M$327.94M
CAGR+22.0%
Avg YoY Growth+23.7%
Median YoY Growth+23.4%

Frequently Asked Questions

What is Natera, Inc.'s sg&a?
Natera, Inc. (NTRA) reported sg&a of $327.94M in Q1 2026.
How has Natera, Inc.'s sg&a changed year-over-year?
Natera, Inc.'s sg&a increased by 22.9% year-over-year, from $266.86M to $327.94M.
What is the long-term trend for Natera, Inc.'s sg&a?
Over 4 years (2021 to 2025), Natera, Inc.'s sg&a has grown at a 23.2% compound annual growth rate (CAGR), from $511.03M to $1.18B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.