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

Adaptive Biotechnologies (ADPT) posted EBITDA Margin of 17.13% for Q1 2026, down 7.35% sequentially from 18.48% in Q4 2025, and up 3470.0% YoY from 0.48% in Q1 2025.

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

Adaptive Biotechnologies has reported EBITDA Margin for 9 years, with the latest figure at 17.13% in Q1 2026.

  • Quarterly EBITDA Margin rose 3470.0% year-over-year to 17.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.9% (up 2915.0% YoY) and the FY2025 annual result came in at 9.19%, up 3222.0% from the prior year.
  • EBITDA Margin retreated to 17.13% in Q1 2026 per ADPT's latest filing, from 18.48% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 18.48% in Q4 2025 and troughed at 322.32% in Q2 2023.
  • A 5-year average of 62.31% and a median of 26.14% in 2024 frame the typical range for EBITDA Margin.
  • The sharpest annual moves came in 2023 and 2024: EBITDA Margin plunged 20207 bps in 2023, then surged 29619 bps in 2024.
  • Over 5 years, EBITDA Margin stood at 70.99% in 2022, then surged by 109 bps to 6.34% in 2023, then sank by 318 bps to 13.81% in 2024, then soared by 234 bps to 18.48% in 2025, then decreased by 7 bps to 17.13% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 17.13%, 18.48%, and 7.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 17.40%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 17.99%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 34.98%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 21.74%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 11.58%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -13.42%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 21.14%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 31.97%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 15.08%
10 Adaptive Biotechnologies 3.80 Bn 3.58 Bn 52.17 Mn 17.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.13%
Dec 31, 2025 18.48%
Sep 30, 2025 7.41%
Jun 30, 2025 -10.31%
Mar 31, 2025 -17.58%
Dec 31, 2024 -13.81%
Sep 30, 2024 -24.40%
Jun 30, 2024 -26.14%
Mar 31, 2024 -67.30%
Dec 31, 2023 6.34%
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%