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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%
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:NetIncomeLoss.

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, 2026Three Months Ended March 31, 2025
Loss from operations(19,206)(29,604)
Interest and other income, net2,0802,679
Interest expense(2,889)(2,905)
Net loss(20,015)(29,830)
Add: Net income attributable to noncontrolling interest(18)(22)
Net loss attributable to Adaptive Biotechnologies Corporation$(20,033)$(29,852)
Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted$(0.13)$(0.20)
Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted155,521,048149,195,028

Item 1. Financial Statements (Unaudited)

FAQ

What is Adaptive Biotechnologies's net income?
Adaptive Biotechnologies (ADPT) reported net income of -$20.03M in Q1 2026.
How has Adaptive Biotechnologies's net income changed year-over-year?
Adaptive Biotechnologies's net income increased by 32.9% year-over-year, from -$29.85M to -$20.03M.
What is the long-term trend for Adaptive Biotechnologies's net income?
Over 4 years (2021 to 2025), Adaptive Biotechnologies's net income has grown at a -26.8% compound annual growth rate (CAGR), from -$207.28M to -$59.5M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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