Adaptive Biotechnologies (ADPT) Cost of Revenue (2018 - 2026)

Adaptive Biotechnologies (ADPT) posted Cost of Revenue of $18.7 million for Q1 2026, up 2.66% sequentially from $18.2 million in Q4 2025, and up 10.18% YoY from $17.0 million in Q1 2025.

Adaptive Biotechnologies (ADPT) Cost of Revenue (2018 - 2026) Analysis & Trends

Adaptive Biotechnologies (ADPT) has 9 years of Cost of Revenue data on file, last reported at $18.7 million in Q1 2026.

  • Quarterly Cost of Revenue rose 10.18% year-over-year to $18.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $73.1 million (down 7.97% YoY) and the FY2025 annual result came in at $71.4 million, down 15.81% from the prior year.
  • Cost of Revenue climbed to $18.7 million in Q1 2026 per ADPT's latest filing, from $18.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $26.1 million in Q1 2022, with the low at $8.9 million in Q4 2023.
  • Average Cost of Revenue over 5 years is $19.2 million, with a median of $18.7 million recorded in 2026.
  • Year-over-year, Cost of Revenue plunged 62.56% in 2023 and jumped 142.96% in 2024.
  • Adaptive Biotechnologies' Cost of Revenue stood at $23.7 million in 2022, then tumbled by 62.56% to $8.9 million in 2023, then jumped by 142.96% to $21.6 million in 2024, then retreated by 15.53% to $18.2 million in 2025, then gained by 2.66% to $18.7 million in 2026.
  • Business Quant data shows ADPT's Cost of Revenue at $18.7 million in Q1 2026, $18.2 million in Q4 2025, and $18.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 Adaptive Biotechnologies 3.48 Bn 3.27 Bn 52.17 Mn 18.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.71 Mn
Mar 31, 2026 18.71 Mn
Dec 31, 2025 18.22 Mn
Dec 31, 2025 18.22 Mn
Sep 30, 2025 18.16 Mn
Sep 30, 2025 18.16 Mn
Jun 30, 2025 18.00 Mn
Jun 30, 2025 18.00 Mn
Mar 31, 2025 16.98 Mn
Mar 31, 2025 16.98 Mn
Dec 31, 2024 21.58 Mn
Dec 31, 2024 21.58 Mn
Sep 30, 2024 20.55 Mn
Sep 30, 2024 20.55 Mn
Jun 30, 2024 20.31 Mn
Jun 30, 2024 20.31 Mn
Mar 31, 2024 18.05 Mn
Mar 31, 2024 18.05 Mn
Dec 31, 2023 8.88 Mn
Dec 31, 2023 8.88 Mn