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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 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:StockholdersEquity.

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
Common stock: $0.0001 par value, 340,000,000 shares authorized at March 31, 2026 and December 31, 2025; 159,697,221 and 153,779,418 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively1615
Additional paid-in capital1,599,7081,581,848
Accumulated other comprehensive (loss) gain(28)253
Accumulated deficit(1,383,356)(1,363,323)
Total Adaptive Biotechnologies Corporation shareholders’ equity216,340218,793
Noncontrolling interest7,9016,208
Total shareholders’ equity224,241225,001
Total liabilities and shareholders’ equity$505,943$512,736

Item 1. Financial Statements (Unaudited)

FAQ

What is Adaptive Biotechnologies's total equity?
Adaptive Biotechnologies (ADPT) reported total equity of $216.34M in Q1 2026.
How has Adaptive Biotechnologies's total equity changed year-over-year?
Adaptive Biotechnologies's total equity increased by 13.6% year-over-year, from $190.42M to $216.34M.
What is the long-term trend for Adaptive Biotechnologies's total equity?
Over 5 years (2020 to 2025), Adaptive Biotechnologies's total equity has grown at a -21.7% compound annual growth rate (CAGR), from $743.27M to $218.79M.
What does total equity mean?
Net assets attributable to shareholders — total assets minus total liabilities. Represents the book value of shareholders' ownership claim.

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