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

Adaptive Biotechnologies' (ADPT) quarterly FCF Margin came in at 14.58% in Q1 2026, up 4014.0% year-on-year from 0.35% in Q1 2025, and down 4328.24% quarter-over-quarter from 0.33% in Q4 2025.

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

Adaptive Biotechnologies has disclosed FCF Margin across 9 years of filings, most recently posting 14.58% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 14.58%, up 4014.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.35% (up 3613.0% YoY), and the FY2025 annual result was 17.67%, up 3758.0% from the prior year.
  • FCF Margin came in at 14.58% for Q1 2026 at Adaptive Biotechnologies, down from 0.33% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 0.33% in Q4 2025 to a low of 370.47% in Q2 2023.
  • The 5-year median for FCF Margin is 57.47% (2023), against an average of 85.02%.
  • Across the five-year window, FCF Margin sank 26219 bps in 2023 and surged 32548 bps in 2024, its largest moves.
  • Adaptive Biotechnologies' FCF Margin stood at 52.75% in 2022, then retreated by 9 bps to 57.47% in 2023, then soared by 54 bps to 26.49% in 2024, then soared by 99 bps to 0.33% in 2025, then slumped by 4328 bps to 14.58% in 2026.
  • The last three FCF Margin figures came in at 14.58% (Q1 2026), 0.33% (Q4 2025), and 8.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 7.41%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 22.61%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 10.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 11.83%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 2.59%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 12.92%
10 Adaptive Biotechnologies 2.60 Bn 2.39 Bn 52.17 Mn -14.58%

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.58%
Dec 31, 2025 -0.33%
Sep 30, 2025 -8.06%
Jun 30, 2025 -21.13%
Mar 31, 2025 -54.72%
Dec 31, 2024 -26.49%
Sep 30, 2024 -59.03%
Jun 30, 2024 -44.98%
Mar 31, 2024 -94.26%
Dec 31, 2023 -57.47%
Sep 30, 2023 -109.10%
Jun 30, 2023 -370.47%
Mar 31, 2023 -161.51%
Dec 31, 2022 -52.75%
Sep 30, 2022 -87.27%
Jun 30, 2022 -108.28%
Mar 31, 2022 -174.86%
Dec 31, 2021 -122.26%
Sep 30, 2021 -34.70%
Jun 30, 2021 -153.89%