Quick Answer
Natera, Inc. reported R&D Expense of $624.11 million for fiscal year 2025.
Natera, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $624.11M | +54.4% |
| 2024 | $404.14M | +26.0% |
| 2023 | $320.68M | +1.3% |
| 2022 | $316.42M | +19.8% |
| 2021 | $264.21M | +164.1% |
| 2020 | $100.03M | +94.8% |
| 2019 | $51.36M | +0.0% |
| 2018 | $51.35M | +2.6% |
| 2017 | $50.06M | +19.6% |
| 2016 | $41.86M | +51.1% |
| 2015 | $27.71M | +60.3% |
| 2014 | $17.29M | +49.7% |
| 2013 | $11.55M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $173.41M | +78.9% | +18.4% |
| June 30, 2025 | $146.43M | +64.3% | +13.4% |
| March 31, 2025 | $129.08M | +45.6% | +33.2% |
| September 30, 2024 | $96.93M | +25.5% | +8.8% |
| June 30, 2024 | $89.11M | +14.0% | +0.5% |
| March 31, 2024 | $88.64M | +7.7% | +14.8% |
| September 30, 2023 | $77.23M | +17.9% | -1.2% |
| June 30, 2023 | $78.17M | -5.3% | -5.0% |
- Natera, Inc. showed an increase of +54.4% in R&D Expense compared to the prior fiscal year.
- Over the 2013–2025 period, Natera, Inc.’s r&d expense has grown by 5303.5% (from $11.55 million to $624.11 million).
- The most recent figure is from Natera, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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