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Adaptive Biotechnologies ADPT Mrd Business — General And Administrative Expense

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Other financials

Income statement

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Revenue$70.9M+35.1%
Gross profit$52.2M+47.1%
Operating income-$19.2M+35.1%
Net income-$20.0M+32.9%
EPS (diluted)-$0.13+35.0%

Balance sheet

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Cash & equivalents$77.6M+53.2%
Total debt$208.2M-5.6%
Total equity$216.3M+13.6%
Total assets$505.9M-1.0%

Cash flow

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Operating cash flow-$9.5M+66.5%
CapEx$796.0K-36.8%
Free cash flow-$10.3M+65.3%

Valuation

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Market cap$3.75B+111%
Enterprise value$3.88B+98.7%
P/S12.7×+4.0×

Profitability

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Gross margin75.3%+12.7pp
Operating margin-15.8%-7.0pp
Net margin-16.8%-7.3pp
FCF margin-10.5%-4.6pp

Returns & leverage

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Return on equity-24.4%-9.2pp
Debt / equity-0.2×
Current ratio3.4×+0.4×

Where this comes from

Reported directly by Adaptive Biotechnologies in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: Adaptive Biotechnologies’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206546
Line itemThree Months Ended March 31, 2026 / MRDThree Months Ended March 31, 2026 / Immune MedicineThree Months Ended March 31, 2026 / TotalThree Months Ended March 31, 2025 / MRDThree Months Ended March 31, 2025 / Immune Medicine(1)Three Months Ended March 31, 2025 / Total
Cost of revenue17,244*17,24415,885*15,885
Research and development9,22613,93423,1609,15914,48823,647
Sales and marketing24,742*24,74221,413*21,413
General and administrative12,519*12,5199,502*9,502
Other segment items(2)5,7765,7765,1535,153
Add back:
Items to reconcile net income or net loss to Adjusted EBITDA(3)8,7765,56914,3458,1275,81313,940
Adjusted EBITDA(3)12,138(10,360)1,778(4,111)(5,106)(9,217)

Item 1. Financial Statements (Unaudited)

FAQ

What is Adaptive Biotechnologies's mrd business — general and administrative expense?
Adaptive Biotechnologies (ADPT) reported mrd business — general and administrative expense of $12.52M in Q1 2026.
How has Adaptive Biotechnologies's mrd business — general and administrative expense changed year-over-year?
Adaptive Biotechnologies's mrd business — general and administrative expense increased by 31.8% year-over-year, from $9.5M to $12.52M.
What is the long-term trend for Adaptive Biotechnologies's mrd business — general and administrative expense?
Over 3 years (2022 to 2025), Adaptive Biotechnologies's mrd business — general and administrative expense has grown at a 9.2% compound annual growth rate (CAGR), from $32.35M to $42.08M.
What does mrd business — general and administrative expense mean?
This includes the overhead costs, such as legal, human resources, and executive management, allocated to the MRD business segment. It reflects the operational efficiency and administrative burden required to support the segment's core business activities.

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