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ADCTADC Therapeutics S.A.
$1.35$172M
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ADCT logoADC Therapeutics S.A.(ADCT)Earnings, Financials & Key Ratios

ADCT•NYSE
$1.35
Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryOncology Therapeutics Developers
AboutADC Therapeutics SA, a commercial-stage biotechnology company, develops antibody drug conjugates (ADC) for patients suffering from hematological malignancies and solid tumors. Its flagship product ZYNLONTA that is in Phase II clinical trial for the treatment of relapsed or refractory diffuse large B-cell lymphoma (DLBCL) and follicular lymphoma; Phase III clinical trial in combination with rituximab to treat relapsed or refractory DLBCL in second-line transplant-ineligible patients; and Phase I clinical trial for treatment of relapsed or refractory non-hodgkin lymphoma (NHL). The company is also developing camidanlumab tesirine, an ADC that has completed Phase I clinical trial to treat relapsed or refractory NHL; in Phase II clinical trial in relapsed or refractory hodgkin lymphoma; and in Phase Ib clinical trial for selected advanced solid tumors. In addition, it develops ADCT-602, which is in Phase Ia clinical trial for treatment of acute lymphoblastic leukemia; ADCT-601 and ADCT-901 that are in Phase Ia clinical trial for treatment of various solid tumors; and preclinical product candidates, including ADCT-701 and ADCT-901 for the treatment of solid tumors. It has a collaboration and license agreement with Genmab A/S, Bergenbio AS, Synaffix B.V., Mitsubishi Tanabe Pharma Corporation, Overland Pharmaceuticals, and MedImmune Limited. ADC Therapeutics SA was incorporated in 2011 and is headquartered in Epalinges, Switzerland.Show more
  • Revenue$81M+14.9%
  • EBITDA-$107M+16.4%
  • Net Income-$143M+9.6%
  • EPS (Diluted)-1.12+30.9%
  • Gross Margin90.57%-1.1%
  • EBITDA Margin-130.91%+27.2%
  • Operating Margin-133.21%+27.8%
  • Net Margin-175.31%+21.3%

ADCT Price & Volume

ADC Therapeutics S.A. (ADCT) stock price & volume — 10-year historical chart

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Persistent Cash Burn Challenges ZYNLONTA Commercial Scaling

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Commercial adoption and liquidity

Key Thesis Takeaways

  • ADC Therapeutics faces a precarious financial outlook as its flagship ZYNLONTA franchise struggles to achieve consistent revenue growth, with quarterly figures fluctuating between $16.4M and $23.1M.
  • The company's reliance on debt financing, which surged to $421.4M in 2026Q1, highlights a structural inability to fund operations through commercial sales alone.
  • Investors should remain cautious regarding the firm's long-term viability given the competitive threat from bispecific antibodies and the rapid erosion of shareholder equity to negative $216.4M.

Verdict Logic

the company's inability to achieve positive free cash flow, coupled with a negative equity balance of $216.4M and rising debt levels, suggests significant ongoing liquidity risk for shareholders.

ADCT Growth Metrics

ADC Therapeutics S.A. (ADCT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-27.09%
TTM4.43%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM8.58%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM27.41%

Return on Capital

10 Years-54.71%
5 Years-43.66%
3 Years-46.99%
Last Year-43.83%

ADCT Recent Earnings

ADC Therapeutics S.A. (ADCT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 4, 2026
Metric
Actual
Est
EPS
$0.21-10.5%
$0.19
Rev
$21M+4.3%
$20M
Q2 2026
Mar 10, 2026
Metric
Actual
Est
EPS
$0.04+87.5%
$0.32
Rev
$23M+3.4%
$22M
Q4 2025
Nov 10, 2025
Metric
Actual
Est
EPS
$0.30+25.0%
$0.40
Rev
$16M-23.8%
$22M
Q3 2025
Aug 12, 2025
Metric
Actual
Est
EPS
$0.50-38.9%
$0.36
Rev
$19M+3.5%
$18M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 4, 2026
$0.21vs $0.19-10.5%
$21Mvs $20M+4.3%
Q2 2026Mar 10, 2026
$0.04vs $0.32+87.5%
$23Mvs $22M+3.4%
Q4 2025Nov 10, 2025
$0.30vs $0.40+25.0%
$16Mvs $22M-23.8%
Q3 2025Aug 12, 2025
$0.50vs $0.36-38.9%
$19Mvs $18M+3.5%
Based on last 12 quarters of dataView full earnings history →

Latest ADCT News

Recent stock market news and headlines for ADC Therapeutics S.A. (ADCT)

PRNewsWire·6 days ago
ADC Therapeutics Announces New Employee Inducement Grant

LAUSANNE, Switzerland, July 1, 2026 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced that the Company has made a grant of options to purchase an aggregate of 17,000 of the Company's common shares to a new employee on July 1, 2026 ("Grant"). The Grant was offered as material inducement to the employee's employment.

PRNewsWire·Jun 30, 2026
ADC Therapeutics Announces Completion of Enrollment in LOTIS-7 Phase 1b ZYNLONTA® Combination Trial

100 r/r DLBCL patients treated at the selected 150 µg/kg dose of ZYNLONTA® plus glofitamab Full data expected in fourth quarter of 2026 LAUSANNE, Switzerland, June 30, 2026 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced the completion of enrollment in the LOTIS-7 Phase 1b open-label clinical trial evaluating the safety and efficacy of ZYNLONTA® (loncastuximab tesirine-lpyl) in combination with the bispecific antibody glofitamab (COLUMVI®) in patients with relapsed or refractory (r/r) diffuse large B-cell lymphoma (r/r DLBCL). LOTIS-7 trial enrollment is now complete with 100 r/r DLBCL patients dosed at the selected 150 µg/kg dose of ZYNLONTA plus glofitamab.

PRNewsWire·Jun 24, 2026
ADC Therapeutics Announces Strategic Reorganization to Support ZYNLONTA® Growth Opportunities and Regulatory Priorities

Planned ~17% workforce reduction expected to generate annualized estimated savings of approximately $10M, enhancing financial flexibility Company focused on delivering upcoming regulatory and clinical milestones, including planned LOTIS-5 sBLA submission and full LOTIS-7 data by end of 2026 LAUSANNE, Switzerland, June 24, 2026 /PRNewswire/ -- ADC Therapeutics SA (NYSE: ADCT), a commercial-stage global leader and pioneer in the field of antibody drug conjugates (ADCs), today announced a strategic reorganization to focus resources behind key value-driving initiatives in support of the ZYNLONTA® (loncastuximab tesirine-lpyl) franchise. As part of the reorganization, ADC Therapeutics plans to reduce its workforce globally by approximately 17 percent.

Peers Comparison

Key metrics vs top competitors for ADC Therapeutics S.A. (ADCT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ADCT logoADCTADC Therapeutics S.A.Current
$1.35$171.71M-1.2114.85%-175.31%——
RCUS logoRCUSArcus Biosciences, Inc.
$30.25$3.05B-9.19-4.26%-156.36%-68.97%—
MGNX logoMGNXMacroGenics, Inc.
$4.75$301.92M-4.030.78%-44.79%-147.8%—
ABBV logoABBVAbbVie Inc.
$254.65$449.91B107.458.57%5.79%67.46%—
PFE logoPFEPfizer Inc.
$24.07$136.92B17.70-1.65%11.83%8.34%—
AIXI logoAIXIXiao-I Corporation
$1.89$999.33K-0.01-82.47%-140.37%——

Compare ADCT vs Peers

ADC Therapeutics S.A. (ADCT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs RCUS

Most directly comparable listed peer for ADCT.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare ADCT against a more recognizable public peer.

Peer Set

Compare Top 5

vs RCUS, MGNX, ABBV, PFE

ADCT SEC Filings & Documents

ADC Therapeutics S.A. (ADCT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 4, 2026·SEC

Material company update

Mar 10, 2026·SEC

Material company update

Feb 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 10, 2026·SEC

FY 2025

Mar 27, 2025·SEC

FY 2024

Mar 13, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 4, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 12, 2025·SEC

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ADCT Frequently Asked Questions

ADC Therapeutics S.A. (ADCT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is ADC Therapeutics S.A.'s revenue?

ADC Therapeutics S.A. (ADCT) reported $79.2M in revenue for fiscal year 2025. This represents a 4291% increase from $1.8M in 2017.

How fast is ADC Therapeutics S.A. growing?

ADC Therapeutics S.A. (ADCT) grew revenue by 14.9% over the past year. This is steady growth.

Is ADCT profitable?

ADC Therapeutics S.A. (ADCT) reported a net loss of $137.0M for fiscal year 2025.

Dividend & Returns
What is ADC Therapeutics S.A.'s free cash flow?

ADC Therapeutics S.A. (ADCT) had negative free cash flow of $114.6M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ADCT back in 2017?

Total return calculator · dividends reinvested · 9+ years of data

See returns →