Adaptive Biotechnologies (ADPT) EBITDA Margin (2018 - 2026)

Adaptive Biotechnologies' (ADPT) quarterly EBITDA Margin came in at 14.62% in Q1 2026, up 296.0% year-on-year from 3.69% in Q1 2025, and down 492.98% quarter-over-quarter from 2.47% in Q4 2025.

Adaptive Biotechnologies (ADPT) EBITDA Margin (2018 - 2026) Analysis & Trends

Adaptive Biotechnologies has disclosed EBITDA Margin across 9 years of filings, most recently posting 14.62% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 14.62%, up 296.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.87% (up 1002.0% YoY), and the FY2025 annual result was 5.48%, up 1913.0% from the prior year.
  • EBITDA Margin came in at 14.62% for Q1 2026 at Adaptive Biotechnologies, down from 2.47% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 25.23% in Q3 2025 to a low of 322.32% in Q2 2023.
  • The 5-year median for EBITDA Margin is 26.14% (2024), against an average of 63.15%.
  • Across the five-year window, EBITDA Margin plunged 20207 bps in 2023 and soared 29619 bps in 2024, its largest moves.
  • Adaptive Biotechnologies' EBITDA Margin stood at 70.99% in 2022, then soared by 69 bps to 21.75% in 2023, then soared by 199 bps to 21.61% in 2024, then plunged by 111 bps to 2.47% in 2025, then plunged by 493 bps to 14.62% in 2026.
  • The last three EBITDA Margin figures came in at 14.62% (Q1 2026), 2.47% (Q4 2025), and 25.23% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 16.93%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 31.78%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 21.74%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 12.38%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -12.21%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 19.42%
10 Adaptive Biotechnologies 2.60 Bn 2.39 Bn 52.17 Mn -14.62%

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.62%
Dec 31, 2025 -2.47%
Sep 30, 2025 25.23%
Jun 30, 2025 -10.31%
Mar 31, 2025 -17.58%
Dec 31, 2024 21.61%
Sep 30, 2024 -11.22%
Jun 30, 2024 -26.14%
Mar 31, 2024 -67.30%
Dec 31, 2023 -21.75%
Sep 30, 2023 -78.67%
Jun 30, 2023 -322.32%
Mar 31, 2023 -98.54%
Dec 31, 2022 -70.99%
Sep 30, 2022 -94.98%
Jun 30, 2022 -120.25%
Mar 31, 2022 -163.30%
Dec 31, 2021 -162.39%
Sep 30, 2021 -142.71%
Jun 30, 2021 -129.24%