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Adaptive Biotechnologies Corp (ADPT)

Adaptive Biotechnologies Corp brought in $308.1M of revenue over the twelve months to June 30, 2026, up 50.1% from a year earlier. It posted a net loss of $63.9M. In fiscal 2025 capital spending exceeded operating cash flow by $48.9M. At June 30, 2026 it held $169.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 4, 2026.

Price
$29.43
-0.47% on the day · September 25, 2026
52-week range $12.00 to $29.96
Market cap
$4.7B
Revenue (last 12 months)
$308.1M
+50.1% year on year
Net margin
-20.7%

What Adaptive Biotechnologies Corp does

Adaptive Biotechnologies Corp is registered with the SEC under industry code SIC 2836 (Biological Products, (No Diagnostic Substances)). Its shares trade on NASDAQ under the ticker ADPT.

Revenue and profit by year

Revenue
FY19: $55.7M $55.7M FY19FY19: $85.1M $85.1M FY19FY20: $98.4M $98.4M FY20FY21: $154.3M $154.3M FY21FY22: $185.3M $185.3M FY22FY23: $170.3M $170.3M FY23FY24: $179M $179M FY24FY25: $277M $277M FY25
Net income
FY19: -$46.4M -$46.4M FY19FY19: -$68.6M -$68.6M FY19FY20: -$146.2M -$146.2M FY20FY21: -$207.3M -$207.3M FY21FY22: -$200.2M -$200.2M FY22FY23: -$225.3M -$225.3M FY23FY24: -$159.5M -$159.5M FY24FY25: -$59.5M -$59.5M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$277M-$57.1M-$59.5M-$0.39-$48.9M
2024$179M-$162.5M-$159.5M-$1.08-$98.9M
2023$170.3M-$227M-$225.3M-$1.56-$167M
2022$185.3M-$200.2M-$200.2M-$1.40-$200.3M
2021$154.3M-$209M-$207.3M-$1.48-$254.5M
2020$98.4M-$152.8M-$146.2M-$1.11-$168.5M
Next report expected around November 4, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 5, 2025. Not a date the company has announced. See the report calendar

Where ADPT ranks in Health care

Revenue$277M
#228 of 523 in Health care · Top 43%
Revenue growth+54.8%
#74 of 437 in Health care · Top 17%
Net margin-21.5%
#275 of 447 in Health care · Bottom 39%
Free cash flow margin-17.7%
#267 of 408 in Health care · Bottom 35%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Health care

Latest SEC filings

What Adaptive Biotechnologies Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 4, 2026
    Quarterly report 10-Q · period to June 30, 2026
  2. July 29, 2026
  3. June 22, 2026
  4. June 15, 2026
  5. June 9, 2026
  6. May 15, 2026
  7. May 5, 2026
    Quarterly report 10-Q · period to March 31, 2026
  8. May 5, 2026
  9. April 24, 2026
  10. April 24, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 18, 2026. Insider transactions on SEC

Insider trades

What the people running Adaptive Biotechnologies Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $3.5M worth of shares in the last 90 days and bought none on the open market. Most of the selling (93%) was pre-planned under Rule 10b5-1 trading plans.

Bought (open market)
$0
last 90 days
Sold
$3.5M
last 90 days
Net sold
126,216
$3.5M
DateInsiderWhatSharesPriceValueFiling
September 16, 2026 Lo FrancisChief People Officer Exercised options 53,091 $12.14 $644.5K Form 4
September 16, 2026 Lo FrancisChief People Officer Exercised options 13,398 $8.46 $113.3K Form 4
September 16, 2026 Lo FrancisChief People Officer Exercised options 15,629 $3.99 $62.4K Form 4
September 16, 2026 Lo FrancisChief People Officer Exercised options 23,442 $8.12 $190.3K Form 4
September 16, 2026 Lo FrancisChief People Officer Soldpre-planned (10b5-1) 107,537 $28.02 $3M Form 4
September 16, 2026 Lo FrancisChief People Officer Soldpre-planned (10b5-1) 7,869 $28.57 $224.8K Form 4
September 15, 2026 Bobulsky SusanChief Commercial Officer, MRD Soldpre-planned (10b5-1) 1,195 $27.00 $32.3K Form 4
August 31, 2026 Owen Katey EinterzDirector Gave as a gift 12,539 - - Form 4
August 26, 2026 Owen Katey EinterzDirector Sold 9,615 $26.00 $250K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about ADPT

What does Adaptive Biotechnologies Corp do?

Adaptive Biotechnologies Corp is registered with the SEC under industry code SIC 2836 (Biological Products, (No Diagnostic Substances)). Its shares trade on NASDAQ under the ticker ADPT.

Is Adaptive Biotechnologies Corp profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $63.9M on revenue of $308.1M.

How much revenue does Adaptive Biotechnologies Corp make?

Over the twelve months to June 30, 2026 Adaptive Biotechnologies Corp reported revenue of $308.1M. That is 50.1% more than a year earlier.

When did Adaptive Biotechnologies Corp last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 4, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 18, 2026.

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Where the numbers come from

Financial figures are the values Adaptive Biotechnologies Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.