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.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |