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Segments

By segment

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Mrd Business Segment And Immune Medicine Business$9.97M

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 us-gaap:ShareBasedCompensation.

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 stock-based comp?
Adaptive Biotechnologies (ADPT) reported stock-based comp of $11.93M in Q1 2026.
How has Adaptive Biotechnologies's stock-based comp changed year-over-year?
Adaptive Biotechnologies's stock-based comp decreased by 1.8% year-over-year, from $12.15M to $11.93M.
What is the long-term trend for Adaptive Biotechnologies's stock-based comp?
Over 4 years (2021 to 2025), Adaptive Biotechnologies's stock-based comp has grown at a 4.5% compound annual growth rate (CAGR), from $43.25M to $51.48M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.