Operating Expenses

Total Operating Expenses

Natera, Inc. Total Operating Expenses increased by 14.8% to $790.16M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.0%, from $581.01M to $790.16M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 24.4% 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 2014
Last reportedQ1 2026

How to read this metric

An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.

Detailed definition

Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...

Peer comparison

Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.

Metric ID: total_operating_expenses

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$257.32M$308.31M$312.69M$331.26M$341.29M$329.69M$359.03M$380.06M$373.83M$379.29M$395.64M$442.06M$457.25M$479.10M$540.80M$581.01M$656.97M$689.76M$688.29M$790.16M
QoQ Change+19.8%+1.4%+5.9%+3.0%-3.4%+8.9%+5.9%-1.6%+1.5%+4.3%+11.7%+3.4%+4.8%+12.9%+7.4%+13.1%+5.0%-0.2%+14.8%
YoY Change+32.6%+6.9%+14.8%+14.7%+9.5%+15.0%+10.2%+16.3%+22.3%+26.3%+36.7%+31.4%+43.7%+44.0%+27.3%+36.0%
Range$257.32M$790.16M
CAGR+26.6%
Avg YoY Growth+24.2%
Median YoY Growth+24.3%

Frequently Asked Questions

What is Natera, Inc.'s total operating expenses?
Natera, Inc. (NTRA) reported total operating expenses of $790.16M in Q1 2026.
How has Natera, Inc.'s total operating expenses changed year-over-year?
Natera, Inc.'s total operating expenses increased by 36.0% year-over-year, from $581.01M to $790.16M.
What is the long-term trend for Natera, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Natera, Inc.'s total operating expenses has grown at a 24.4% compound annual growth rate (CAGR), from $1.09B to $2.62B.
What does total operating expenses mean?
The total cost of running the business, including all non-production expenses.