Adaptive Biotechnologies (ADPT) EV to EBITDA (2019 - 2026)
Adaptive Biotechnologies' (ADPT) quarterly EV to EBITDA came in at 195.01 in Q2 2026, up 24.88% year-over-year from 156.16 in Q2 2025, and down 217.99% quarter-over-quarter from 165.28 in Q1 2026.
Analysis
Adaptive Biotechnologies (ADPT) EV to EBITDA (2019 - 2026) Analysis & Trends
Adaptive Biotechnologies has disclosed EV to EBITDA across 8 years of filings, most recently posting 195.01 for Q2 2026.
- In Q2 2026, EV to EBITDA rose 24.88% year-over-year to 195.01; the TTM figure through Jun 2026 stood at 86.57 (up 271.98% YoY), while the FY2025 annual figure was 89.49, up 986.38% from the prior year.
- EV to EBITDA came in at 195.01 for Q2 2026 at Adaptive Biotechnologies, down from 165.28 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 268.34 in Q4 2025 to a low of 387.29 in Q4 2024.
- Average EV to EBITDA over 5 years is 36.51, with a median of 18.74 recorded in 2022.
- The largest YoY upside for EV to EBITDA was 288.47% in 2025 against a maximum downside of 2202.81% in 2025.
- Over 5 years, EV to EBITDA stood at 15.19 in 2022, then slumped by 140.99% to 36.6 in 2023, then plunged by 958.29% to 387.29 in 2024, then soared by 169.29% to 268.34 in 2025, then sank by 172.67% to 195.01 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 195.01 in Q2 2026, 165.28 in Q1 2026, and 268.34 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Natera | 47.13 Bn | 46.03 Bn | 486.15 Mn |
| 2 | Labcorp Holdings | 26.44 Bn | 26.32 Bn | 1.11 Bn |
| 3 | Quest Diagnostics | 26.16 Bn | 25.84 Bn | 1.03 Bn |
| 4 | Guardant Health | 21.57 Bn | 20.51 Bn | 219.03 Mn |
| 5 | Tempus AI | 11.32 Bn | 10.51 Bn | 274.25 Mn |
| 6 | Caris Life Sciences | 7.08 Bn | 6.29 Bn | 182.38 Mn |
| 7 | Sotera Health | 5.39 Bn | 5.04 Bn | 177.96 Mn |
| 8 | BillionToOne | 4.65 Bn | 4.11 Bn | 77.11 Mn |
| 9 | iRhythm Holdings | 4.05 Bn | 3.46 Bn | 163.21 Mn |
| 10 | Adaptive Biotechnologies | 3.86 Bn | 3.53 Bn | 51.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -195.01 |
| Mar 31, 2026 | 165.28 |
| Dec 31, 2025 | 268.34 |
| Sep 30, 2025 | 67.48 |
| Jun 30, 2025 | -259.59 |
| Mar 31, 2025 | -101.46 |
| Dec 31, 2024 | -387.29 |
| Sep 30, 2024 | -35.80 |
| Jun 30, 2024 | -11.27 |
| Mar 31, 2024 | -5.82 |
| Dec 31, 2023 | -36.60 |
| Sep 30, 2023 | -14.01 |
| Jun 30, 2023 | -22.29 |
| Mar 31, 2023 | -22.46 |
| Dec 31, 2022 | -15.19 |
| Sep 30, 2022 | -11.23 |
| Jun 30, 2022 | -14.69 |
| Mar 31, 2022 | -25.53 |
| Dec 31, 2021 | -58.68 |
| Sep 30, 2021 | -77.74 |