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Adaptive Biotechnologies ADPT Sequencing Revenue — Number Of Revenue Performance Obligation

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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$2.76B+93.6%
Enterprise value$2.89B+78.0%
P/S9.3×+1.8×

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 adpt:NumberOfRevenuePerformanceObligation.

The official record: Adaptive Biotechnologies’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Adaptive Biotechnologies's sequencing revenue — number of revenue performance obligation?
Adaptive Biotechnologies (ADPT) reported sequencing revenue — number of revenue performance obligation of 2 in Q1 2026.
How has Adaptive Biotechnologies's sequencing revenue — number of revenue performance obligation changed year-over-year?
Adaptive Biotechnologies's sequencing revenue — number of revenue performance obligation increased by 300.0% year-over-year, from 0.5 to 2.
What is the long-term trend for Adaptive Biotechnologies's sequencing revenue — number of revenue performance obligation?
Over 3 years (2022 to 2025), Adaptive Biotechnologies's sequencing revenue — number of revenue performance obligation has grown at a 0.0% compound annual growth rate (CAGR), from 2 to 2.
What does sequencing revenue — number of revenue performance obligation mean?
This metric represents the count of distinct promises to transfer goods or services to a customer within the sequencing revenue segment. It identifies the specific contractual obligations that must be satisfied to recognize revenue under accounting standards. Tracking this helps investors understand the complexity and structure of the company's service agreements.