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| Date | Value |
|---|---|
| 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% |