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

Adaptive Biotechnologies (ADPT) posted EBITDA Margin of 14.62% for Q1 2026, down 492.98% sequentially from 2.47% in Q4 2025, and up 296.0% YoY from 3.69% in Q1 2025.

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

Adaptive Biotechnologies (ADPT) has 9 years of EBITDA Margin data on file, last reported at 14.62% in Q1 2026.

  • Quarterly EBITDA Margin rose 296.0% year-over-year to 14.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.87% (up 1002.0% YoY) and the FY2025 annual result came in at 5.48%, up 1913.0% from the prior year.
  • EBITDA Margin retreated to 14.62% in Q1 2026 per ADPT's latest filing, from 2.47% in the prior quarter.
  • The five-year high for EBITDA Margin was 25.23% in Q3 2025, with the low at 322.32% in Q2 2023.
  • Average EBITDA Margin over 5 years is 63.15%, with a median of 26.14% recorded in 2024.
  • Year-over-year, EBITDA Margin slumped 20207 bps in 2023 and jumped 29619 bps in 2024.
  • 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 sank by 111 bps to 2.47% in 2025, then sank by 493 bps to 14.62% in 2026.
  • Business Quant data shows ADPT's EBITDA Margin at 14.62% in Q1 2026, 2.47% in Q4 2025, and 25.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 16.93%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 31.78%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -12.21%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 21.74%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 12.38%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.42%
10 Adaptive Biotechnologies 3.48 Bn 3.27 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%