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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:LongTermDebtNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Long-term liabilities
Operating lease liabilities, less current portion69,11570,228
Deferred revenue, less current portion8071,006
Revenue interest liability, net, less current portion124,749126,566
Other long-term liabilities2020
Total liabilities281,702287,735
Commitments and contingencies (Note 9)
Shareholders’ equity

Item 1. Financial Statements (Unaudited)

FAQ

What is Adaptive Biotechnologies's long-term debt?
Adaptive Biotechnologies (ADPT) reported long-term debt of $124.75M in Q1 2026.
How has Adaptive Biotechnologies's long-term debt changed year-over-year?
Adaptive Biotechnologies's long-term debt decreased by 5.2% year-over-year, from $131.55M to $124.75M.
What is the long-term trend for Adaptive Biotechnologies's long-term debt?
Over 3 years (2022 to 2025), Adaptive Biotechnologies's long-term debt has grown at a 0.3% compound annual growth rate (CAGR), from $125.36M to $126.57M.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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