ADPTAdaptive Biotechnologies Corporation

$26.18

Price

$26.18+109%1Y
1M+17%1Y+109%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Top tier
10/10
Value97
Quality56
Momentum84
Growth78
Strongest Value, weakest Quality · ranked vs Healthcare peers. The five questions below judge the company on its own terms.
What they do

Adaptive Biotechnologies Corporation (“we,” “us” or “our”) is a commercial-stage company advancing the field of immune medicine by harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. We believe the adaptive immune system is nature’s most finely tuned diagnostic and therapeutic for most diseases, but the inability to decode it has prevented the medical community from fully leveraging its capabilities.

In the company’s own words · 10-K filed Feb 26, 2026 · SEC EDGAR

P/E (TTM)-
Market Cap$2.81B
1Y Return+109%
5Y Return-29%

Business segments

Q1 2026 · $70.9M

The company’s own SEC segment disclosure.

  • Service$58.1M82%
  • Regulatory Milestone$9.0M13%
  • Service And Licensing$3.8M5%

Adaptive Biotechnologies Corporation (ADPT) reported revenue of $72M in Q2 2026 (quarter ended June 30, 2026), up 22% from the same quarter a year earlier. That came with a gross margin of 72% and net loss of $40M. For the full year FY2025, revenue was $277M (+55% year on year) and net income −$59M. Its largest product in 2026-Q1 was Service at $58M, 82% of the disclosed total, just ahead of Regulatory Milestone at 13%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.