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

Adaptive Biotechnologies' (ADPT) quarterly Cost of Revenue came in at $18.7 million in Q1 2026, up 10.18% year-on-year from $17.0 million in Q1 2025, and up 2.66% quarter-over-quarter from $18.2 million in Q4 2025.

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

Adaptive Biotechnologies has disclosed Cost of Revenue across 9 years of filings, most recently posting $18.7 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $18.7 million, up 10.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $73.1 million (down 7.97% YoY), and the FY2025 annual result was $71.4 million, down 15.81% from the prior year.
  • Cost of Revenue came in at $18.7 million for Q1 2026 at Adaptive Biotechnologies, up from $18.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $26.1 million in Q1 2022 to a low of $8.9 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $18.7 million (2026), against an average of $19.2 million.
  • Across the five-year window, Cost of Revenue slumped 62.56% in 2023 and soared 142.96% in 2024, its largest moves.
  • Adaptive Biotechnologies' Cost of Revenue stood at $23.7 million in 2022, then slumped by 62.56% to $8.9 million in 2023, then jumped by 142.96% to $21.6 million in 2024, then dropped by 15.53% to $18.2 million in 2025, then grew by 2.66% to $18.7 million in 2026.
  • The last three Cost of Revenue figures came in at $18.7 million (Q1 2026), $18.2 million (Q4 2025), and $18.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 30,010.71 Bn 30,010.25 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 179.46 Bn 176.21 Bn 7.74 Bn 3.26 Bn
3 Danaher 130.33 Bn 124.64 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 44.44 Bn 44.24 Bn 722.74 Mn 175.25 Mn
5 Agilent Technologies 37.27 Bn 35.46 Bn 990.00 Mn 845.00 Mn
6 Iqvia Holdings 30.70 Bn 28.73 Bn 1.36 Bn 2.80 Bn
7 Natera 30.59 Bn 29.49 Bn 696.04 Mn 608,000.00
8 Illumina 24.86 Bn 23.71 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 23.06 Bn 23.00 Bn 555.82 Mn 118.74 Mn
10 Adaptive Biotechnologies 2.66 Bn 2.45 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