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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Net loss attributable to Adaptive Biotechnologies Corporation$(20,033)$(29,852)
Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted155,521,048149,195,028
Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted$(0.13)$(0.20)

Item 1. Financial Statements (Unaudited)

FAQ

What is Adaptive Biotechnologies's shares (diluted)?
Adaptive Biotechnologies (ADPT) reported shares (diluted) of 155.5M in Q1 2026.
How has Adaptive Biotechnologies's shares (diluted) changed year-over-year?
Adaptive Biotechnologies's shares (diluted) increased by 4.2% year-over-year, from 149.2M to 155.5M.
What is the long-term trend for Adaptive Biotechnologies's shares (diluted)?
Over 4 years (2021 to 2025), Adaptive Biotechnologies's shares (diluted) has grown at a 2.4% compound annual growth rate (CAGR), from 560.5M to 616.2M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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