Adaptive Biotechnologies Corporation (ADPT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 70.87M | 71.68M | 93.97M | 58.88M | 52.44M | 47.46M | 46.44M | 43.19M | 41.87M | 45.78M | 37.92M | 48.93M | 37.65M | 55.2M | 47.83M | 43.66M | 38.62M | 37.93M | 39.47M | 38.51M |
| Revenue Growth % | 35.14% | 51.04% | 102.38% | 36.33% | 25.24% | 3.66% | 22.46% | -11.72% | 11.23% | -17.05% | -20.72% | 12.06% | -2.52% | 45.53% | 21.19% | 13.39% | 0.46% | 25.66% | 50.07% | 83.46% |
| Cost of Goods Sold | 18.71M | 18.22M | 18.16M | 18M | 16.98M | 18.05M | 16.67M | 19.32M | 18.05M | 19.62M | 19.35M | 17.91M | 18.68M | 16.59M | 14.91M | 13.22M | 13.19M | 14.36M | 14.19M | 10.77M |
| COGS % of Revenue | 26.4% | 25.42% | 19.32% | 30.57% | 32.38% | 38.02% | 35.89% | 44.73% | 43.11% | 42.84% | 51.02% | 36.61% | 49.62% | 30.05% | 31.17% | 30.28% | 34.16% | 37.85% | 35.95% | 27.96% |
| Gross Profit | 52.17M | 53.46M | 75.82M | 40.88M | 35.46M | 29.41M | 29.77M | 23.87M | 23.82M | 26.17M | 18.57M | 31.02M | 18.97M | 38.61M | 32.92M | 30.44M | 25.43M | 23.57M | 25.28M | 27.74M |
| Gross Margin % | 73.6% | 74.58% | 80.68% | 69.43% | 67.62% | 61.98% | 64.11% | 55.27% | 56.89% | 57.16% | 48.98% | 63.39% | 50.38% | 69.95% | 68.83% | 69.72% | 65.84% | 62.15% | 64.05% | 72.04% |
| Gross Profit Growth % | 47.1% | 81.74% | 154.69% | 71.24% | 48.87% | 12.4% | 60.28% | -23.03% | 25.6% | -32.22% | -43.59% | 1.9% | -25.41% | 63.78% | 30.24% | 9.73% | -10.63% | -1.62% | 24.85% | 72.56% |
| Operating Expenses | 71.37M | 66.23M | 65.53M | 65.92M | 65.07M | 63.25M | 62.4M | 71.19M | 72.58M | 97.24M | 69.53M | 78.83M | 76.16M | 77.8M | 78.35M | 82.94M | 88.5M | 85.17M | 81.6M | 77.5M |
| OpEx % of Revenue | 100.7% | 92.4% | 69.73% | 111.95% | 124.07% | 133.28% | 134.38% | 164.83% | 173.34% | 212.38% | 183.36% | 161.13% | 202.3% | 140.94% | 163.82% | 189.97% | 229.14% | 224.55% | 206.76% | 201.29% |
| Selling, General & Admin | 47.33M | 44.04M | 41.43M | 41.36M | 40.45M | 39.63M | 37.81M | 38.21M | 41.92M | 42.63M | 40.57M | 46.17M | 43.14M | 46.14M | 42.27M | 45.48M | 50.24M | 50.04M | 45.1M | 39.28M |
| SG&A % of Revenue | 66.78% | 61.44% | 44.09% | 70.24% | 77.12% | 83.51% | 81.42% | 88.47% | 100.1% | 93.12% | 106.99% | 94.38% | 114.59% | 83.6% | 88.37% | 104.17% | 130.08% | 131.93% | 114.28% | 102.02% |
| Research & Development | 23.62M | 21.76M | 23.67M | 24.13M | 24.2M | 23.19M | 24.16M | 25.35M | 30.25M | 28.75M | 28.53M | 32.24M | 32.6M | 31.22M | 35.66M | 37.04M | 37.84M | 34.7M | 36.07M | 37.8M |
| R&D % of Revenue | 33.33% | 30.36% | 25.19% | 40.99% | 46.15% | 48.87% | 52.04% | 58.7% | 72.23% | 62.79% | 75.25% | 65.89% | 86.6% | 56.56% | 74.55% | 84.83% | 97.98% | 91.48% | 91.4% | 98.17% |
| Other Operating Expenses | 419K | 429K | 428K | 423K | 419K | 428K | 428K | 1000K | 423K | 1000K | 428K | 423K | 419K | 429K | 428K | 423K | 419K | 429K | 428K | 423K |
| Operating Income | -19.21M | -12.77M | 10.29M | -25.04M | -29.6M | -33.84M | -32.63M | -47.32M | -48.76M | -71.07M | -50.96M | -47.82M | -57.19M | -39.19M | -45.43M | -52.5M | -63.07M | -61.6M | -56.33M | -49.77M |
| Operating Margin % | -27.1% | -17.82% | 10.95% | -42.52% | -56.45% | -71.3% | -70.27% | -109.56% | -116.45% | -155.22% | -134.38% | -97.74% | -151.92% | -70.99% | -94.98% | -120.25% | -163.3% | -162.39% | -142.71% | -129.24% |
| Operating Income Growth % | 35.12% | 62.25% | 131.53% | 47.09% | 39.29% | 52.39% | 35.96% | 1.05% | 14.74% | -81.36% | -12.16% | 8.92% | 9.31% | 36.38% | 19.34% | -5.5% | -52.78% | -39.23% | -52.03% | -34.83% |
| EBITDA | -19.21M | -8.58M | 14.7M | -20.53M | -26.45M | -29.39M | -28.04M | -42.31M | -43.55M | -65.68M | -45.19M | -40.34M | -51.77M | -33.9M | -40.05M | -47.31M | -58.01M | -56.75M | -52.8M | -46.86M |
| EBITDA Margin % | -27.1% | -11.97% | 15.64% | -34.87% | -50.44% | -61.92% | -60.39% | -97.97% | -104% | -143.45% | -119.18% | -82.44% | -137.51% | -61.42% | -83.73% | -108.35% | -150.21% | -149.61% | -133.78% | -121.7% |
| EBITDA Growth % | 27.39% | 70.81% | 152.41% | 51.47% | 39.26% | 55.25% | 37.95% | -4.91% | 15.88% | -93.73% | -12.85% | 14.74% | 10.76% | 40.26% | 24.15% | -0.95% | -50.25% | -29.53% | -51.26% | -34.23% |
| D&A (Non-Cash Add-back) | 0 | 4.2M | 4.41M | 4.5M | 3.15M | 4.45M | 4.59M | 5M | 5.21M | 5.39M | 5.76M | 7.48M | 5.42M | 5.29M | 5.38M | 5.2M | 5.06M | 4.85M | 3.53M | 2.9M |
| EBIT | -19.21M | -10.63M | 12.52M | -22.64M | -32.76M | -30.77M | -29.16M | -43.55M | -44.54M | -66.45M | -46.67M | -44.21M | -54.17M | -36.58M | -44.67M | -52.08M | -62.8M | -61.6M | -56M | -49.77M |
| Net Interest Income | 0 | -806K | -745K | -557K | -226K | 120K | 535K | 1.07M | 1.23M | 1.6M | 630K | 7K | -507K | -983K | 112K | 418K | 271K | 239K | 327K | 464K |
| Interest Income | 0 | 2.15M | 2.23M | 2.39M | 2.68M | 3.07M | 3.47M | 3.77M | 4.22M | 4.61M | 4.28M | 3.61M | 3.02M | 2.6M | 765K | 418K | 271K | 239K | 327K | 464K |
| Interest Expense | -2.89M | 2.95M | 2.97M | 2.95M | 2.9M | 2.95M | 2.94M | 2.7M | 2.99M | 3.01M | 3.65M | 3.6M | 3.53M | 3.58M | 653K | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -827K | -806K | -744K | -557K | -248K | 120K | 561K | 1.07M | 1.23M | 1.6M | 630K | 7K | -507K | -983K | 112K | 418K | 271K | 239K | 327K | 464K |
| Pretax Income | -20.03M | -13.58M | 9.55M | -25.59M | -29.85M | -33.72M | -32.07M | -46.25M | -47.53M | -69.47M | -50.33M | -47.81M | -57.7M | -40.17M | -45.32M | -52.08M | -62.8M | -61.36M | -56M | -49.3M |
| Pretax Margin % | -28.27% | -18.94% | 10.16% | -43.47% | -56.92% | -71.04% | -69.07% | -107.08% | -113.52% | -151.73% | -132.72% | -97.72% | -153.27% | -72.77% | -94.75% | -119.29% | -162.6% | -161.76% | -141.89% | -128.04% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -20.03M | -13.58M | 9.55M | -25.61M | -29.85M | -33.69M | -32.07M | -46.22M | -47.51M | -69.44M | -50.3M | -47.81M | -57.7M | -40.13M | -45.28M | -52.05M | -62.8M | -61.34M | -55.9M | -49.3M |
| Net Margin % | -28.27% | -18.94% | 10.16% | -43.5% | -56.92% | -70.99% | -69.07% | -107.02% | -113.45% | -151.67% | -132.65% | -97.72% | -153.26% | -72.7% | -94.67% | -119.21% | -162.6% | -161.71% | -141.64% | -128.04% |
| Net Income Growth % | 32.89% | 59.7% | 129.77% | 44.58% | 37.16% | 51.48% | 36.24% | 3.32% | 17.66% | -73.05% | -11.08% | 8.14% | 8.12% | 34.58% | 19% | -5.57% | -54.51% | -37.62% | -52.25% | -47.01% |
| Net Income (Continuing) | -20.03M | -13.58M | 9.55M | -25.59M | -29.85M | -33.72M | -32.07M | -46.25M | -47.53M | -69.47M | -50.33M | -47.81M | -57.7M | -40.17M | -45.32M | -52.08M | -62.8M | -61.36M | -56M | -49.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 7.9M | 6.21M | -182K | -181K | -202K | -224K | -199K | -173K | -147K | -121K | -95K | -69K | -68K | -67K | -26K | 12K | 50K | 110K | 34K | 129K |
| EPS (Diluted) | -0.13 | -0.09 | 0.06 | -0.17 | -0.20 | -0.23 | -0.22 | -0.31 | -0.33 | -0.48 | -0.35 | -0.33 | -0.40 | -0.17 | -0.32 | -0.36 | -0.44 | -0.43 | -0.40 | -0.35 |
| EPS Growth % | 35% | 60.87% | 126.59% | 45.16% | 39.39% | 52.08% | 37.14% | 6.06% | 17.5% | -182.35% | -9.38% | 8.33% | 9.09% | 60.47% | 20% | -2.86% | -51.72% | -30.3% | -48.15% | -34.62% |
| EPS (Basic) | -0.13 | -0.09 | 0.06 | -0.17 | -0.20 | -0.23 | -0.22 | -0.31 | -0.33 | -0.48 | -0.35 | -0.33 | -0.40 | -0.17 | -0.32 | -0.37 | -0.44 | -0.44 | -0.40 | -0.35 |
| Diluted Shares Outstanding | 155.52M | 153.13M | 163.16M | 152.08M | 149.19M | 147.1M | 147.52M | 147.41M | 145.79M | 144.9M | 144.7M | 144.4M | 143.51M | 143.05M | 142.93M | 142.36M | 141.7M | 141.23M | 140.83M | 140.36M |
| Basic Shares Outstanding | 155.52M | 153.13M | 152.43M | 152.08M | 149.19M | 147.1M | 147.52M | 147.41M | 145.79M | 144.9M | 144.7M | 144.4M | 143.51M | 143.05M | 142.93M | 140.66M | 141.7M | 140.21M | 140.83M | 140.36M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |