Adaptive Biotechnologies (ADPT) FCF Margin (2018 - 2026)
Adaptive Biotechnologies' (ADPT) quarterly FCF Margin came in at 10.6% in Q2 2026, up 1162.0% year-over-year from 0.84% in Q2 2025, and up 27.3% quarter-over-quarter from 14.58% in Q1 2026.
Analysis
Adaptive Biotechnologies (ADPT) FCF Margin (2018 - 2026) Analysis & Trends
Adaptive Biotechnologies has disclosed FCF Margin across 9 years of filings, most recently posting 10.6% for Q2 2026.
- In Q2 2026, FCF Margin rose 1162.0% year-over-year to 10.6%; the TTM figure through Jun 2026 stood at 7.8% (up 3255.0% YoY), while the FY2025 annual figure was 17.67%, up 3758.0% from the prior year.
- FCF Margin came in at 10.6% for Q2 2026 at Adaptive Biotechnologies, up from 14.58% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 1.98% in Q4 2025 to a low of 174.86% in Q1 2022.
- Average FCF Margin over 5 years is 66.75%, with a median of 57.85% recorded in 2022.
- Year-over-year, FCF Margin surged 10729 bps in 2022 and slumped 3042 bps in 2023.
- Over 5 years, FCF Margin stood at 58.99% in 2022, then retreated by 5 bps to 61.66% in 2023, then surged by 57 bps to 26.49% in 2024, then soared by 107 bps to 1.98% in 2025, then sank by 635 bps to 10.6% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 10.6% in Q2 2026, 14.58% in Q1 2026, and 1.98% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -1.15% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 15.08% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 8.41% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -20.76% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | -3.57% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 2.43% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 13.08% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 4.65% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -10.60% |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 16.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.60% |
| Mar 31, 2026 | -14.58% |
| Dec 31, 2025 | 1.98% |
| Sep 30, 2025 | -8.02% |
| Jun 30, 2025 | -22.22% |
| Mar 31, 2025 | -56.71% |
| Dec 31, 2024 | -26.49% |
| Sep 30, 2024 | -59.03% |
| Jun 30, 2024 | -44.07% |
| Mar 31, 2024 | -95.20% |
| Dec 31, 2023 | -61.66% |
| Sep 30, 2023 | -130.44% |
| Jun 30, 2023 | -55.70% |
| Mar 31, 2023 | -164.89% |
| Dec 31, 2022 | -58.99% |
| Sep 30, 2022 | -100.02% |
| Jun 30, 2022 | -119.93% |
| Mar 31, 2022 | -174.86% |
| Dec 31, 2021 | -166.28% |
| Sep 30, 2021 | -147.12% |