Adaptive Biotechnologies Corporation (ADPT)
NASDAQ: ADPT · Real-Time Price · USD
24.18
+1.62 (7.18%)
At close: Jul 30, 2026, 4:00 PM EDT
24.31
+0.13 (0.54%)
After-hours: Jul 30, 2026, 5:01 PM EDT

Adaptive Biotechnologies Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
308.08276.98178.96170.28185.31154.34
Revenue Growth
50.13%54.77%5.10%-8.11%20.06%56.88%
Gross Profit
232.83205.62106.8894.72127.4105.04
Operating Income
-37.46-57.12-162.55-227.04-200.19-208.97
Net Income
-63.85-59.5-159.49-225.25-200.19-207.28
Earnings Per Share
-0.41-0.39-1.08-1.56-1.40-1.48
EPS Growth
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Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022
Period EndingDec '25 Dec '24 Dec '23 Dec '22
Minimal Residual Disease (MRD)
212.33145.53102.7487.14
Immune Medicine
64.6433.4367.5498.16
Total
276.98178.96170.28185.31

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
344.26226.98222.29346.4498.2353.06
Total Debt
410.579.1589.3998.77108111.74
Net Cash (Debt)
-66.24147.83132.91247.63390.19241.32
Net Cash Growth
-11.23%-46.33%-36.54%61.69%-58.42%
Net Cash Per Share
-0.420.970.901.722.741.72

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
-27.04-45.99-95.21-156.32-183.95-192.73
Capital Expenditures
-2.5-2.96-3.66-10.7-16.35-61.75
Free Cash Flow
-29.54-48.95-98.88-167.02-200.29-254.47
Free Cash Flow Growth
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Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
75.57%74.24%59.72%55.63%68.75%68.06%
Operating Margin
-12.16%-20.62%-90.83%-133.33%-108.03%-135.39%
Pretax Margin
-13.07%-21.47%-89.18%-132.32%-108.13%-134.31%
Profit Margin
-20.77%-21.47%-89.18%-132.32%-108.13%-134.31%
FCF Margin
0.00%-17.67%-55.25%-98.09%-108.09%-164.87%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PS Ratio
11.869.024.954.185.9025.71