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Gross margin at other companies

Guardant Health logo
Guardant HealthGH
64.9%+3.6pp
Veracyte logo
VeracyteVCYT
70.9%+2.9pp
Danaher logo
DanaherDHR
58.9%-0.8pp
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
51.9%-1.6pp
Agilent Technologies logo
Agilent TechnologiesA
52.7%-0.6pp
Quest Diagnostics logo
Quest DiagnosticsDGX
33.2%+0.4pp

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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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

Calculated from Adaptive Biotechnologies’s reported figures.

Based on trailing twelve months.

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 gross margin?
Adaptive Biotechnologies (ADPT) reported gross margin of 75.3% in Q1 2026.
How has Adaptive Biotechnologies's gross margin changed year-over-year?
Adaptive Biotechnologies's gross margin increased by 20.3% year-over-year, from 62.5% to 75.3%.
What is the long-term trend for Adaptive Biotechnologies's gross margin?
Over 5 years (2020 to 2025), Adaptive Biotechnologies's gross margin has grown at a -0.8% compound annual growth rate (CAGR), from 77.1% to 74.2%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.