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 has reported Cost of Revenue for 9 years, with the latest figure 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 (up 2.93% YoY) and the FY2025 annual result came in at $71.4 million, down 1.0% 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.
- Over five years, Cost of Revenue peaked at $19.6 million in Q4 2023 and troughed at $13.2 million in Q1 2022.
- A 5-year average of $17.4 million and a median of $18.0 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue surged 41.61% in 2023, then slipped 13.85% in 2024.
- Over 5 years, Cost of Revenue stood at $16.6 million in 2022, then rose by 18.25% to $19.6 million in 2023, then retreated by 8.01% to $18.0 million in 2024, then climbed by 0.99% to $18.2 million in 2025, then rose by 2.66% to $18.7 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $18.7 million, $18.2 million, and $18.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 437.50 Mn |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 845.00 Mn |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 2.93 Bn |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | 608,000.00 |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 389.00 Mn |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 253.28 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.02 Bn |
| 10 | Adaptive Biotechnologies | 3.83 Bn | 3.61 Bn | 52.17 Mn | 18.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 18.05 Mn |
| Dec 31, 2024 | 18.05 Mn |
| Sep 30, 2024 | 16.67 Mn |
| Sep 30, 2024 | 16.67 Mn |
| Jun 30, 2024 | 19.32 Mn |
| Jun 30, 2024 | 19.32 Mn |
| Mar 31, 2024 | 18.05 Mn |
| Mar 31, 2024 | 18.05 Mn |
| Dec 31, 2023 | 19.62 Mn |
| Dec 31, 2023 | 19.62 Mn |