Adaptive Biotechnologies (ADPT) Common Equity (2018 - 2026)
Adaptive Biotechnologies (ADPT) recorded Common Equity of $150.66 million in Q2 2026, down 16.1% from $179.54 million a year earlier and down 32.8% from the prior quarter.
Adaptive Biotechnologies (ADPT) Common Equity (2018 - 2026) Analysis & Trends
At the end of FY2025, Adaptive Biotechnologies reported Common Equity of $225 million, up 11.1% from FY2024.
- Annual Common Equity has a five-year compound annual growth rate of -21.3% (FY2020 to FY2025).
- Across earlier years, Common Equity came in at $202.49 million in FY2024 (-34.3%), $308.28 million in FY2023 (-33.6%), $464.1 million in FY2022 (-23.2%) and $604.1 million in FY2021 (-18.7%).
- The Q2 2026 figure is the lowest quarterly Common Equity since Q2 2019.
- On a year-over-year basis, Common Equity rose in two of the last eight quarters, with an average decline of 15.6%.
- Peak year-over-year performance for Common Equity in the last five years was growth of 17.9% in Q1 2026, against a decline of 39.0% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $224.24 million (Q1 2026), $225 million (Q4 2025) and $204.44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | -6.64 Bn |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 1.82 Bn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 7.82 Bn |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 8.61 Bn |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 6.56 Bn |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -222.87 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 15.46 Bn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 2.05 Bn |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | -765.10 Mn |
| 10 | Adaptive Biotechnologies | 3.82 Bn | 2.82 Bn | 51.39 Mn | 150.66 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 150.66 Mn |
| Mar 31, 2026 | 224.24 Mn |
| Dec 31, 2025 | 225.00 Mn |
| Sep 30, 2025 | 204.44 Mn |
| Jun 30, 2025 | 179.54 Mn |
| Mar 31, 2025 | 190.22 Mn |
| Dec 31, 2024 | 202.49 Mn |
| Sep 30, 2024 | 223.57 Mn |
| Jun 30, 2024 | 241.43 Mn |
| Mar 31, 2024 | 274.77 Mn |
| Dec 31, 2023 | 308.28 Mn |
| Sep 30, 2023 | 361.64 Mn |
| Jun 30, 2023 | 395.97 Mn |
| Mar 31, 2023 | 423.95 Mn |
| Dec 31, 2022 | 464.10 Mn |
| Sep 30, 2022 | 487.81 Mn |
| Jun 30, 2022 | 518.32 Mn |
| Mar 31, 2022 | 553.26 Mn |
| Dec 31, 2021 | 604.10 Mn |
| Sep 30, 2021 | 651.54 Mn |
Adaptive Biotechnologies Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=ADPT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "ADPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=ADPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();