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

Adaptive Biotechnologies (ADPT) posted FCF Margin of 13.68% for Q1 2026, down 791.08% sequentially from 1.98% in Q4 2025, and up 4303.0% YoY from 0.31% in Q1 2025.

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

Adaptive Biotechnologies has reported FCF Margin for 9 years, with the latest figure at 13.68% in Q1 2026.

  • Quarterly FCF Margin rose 4303.0% year-over-year to 13.68% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.78% (up 3579.0% YoY) and the FY2025 annual result came in at 17.67%, up 3625.0% from the prior year.
  • FCF Margin declined to 13.68% in Q1 2026 per ADPT's latest filing, from 1.98% in the prior quarter.
  • Over five years, FCF Margin peaked at 1.98% in Q4 2025 and troughed at 284.71% in Q2 2023.
  • A 5-year average of 80.83% and a median of 57.47% in 2023 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin slumped 16449 bps in 2023, then soared 24742 bps in 2024.
  • Over 5 years, FCF Margin stood at 32.48% in 2022, then slumped by 77 bps to 57.47% in 2023, then jumped by 50 bps to 28.94% in 2024, then jumped by 107 bps to 1.98% in 2025, then plunged by 791 bps to 13.68% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 13.68%, 1.98%, and 9.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 13.97%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 20.19%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 26.51%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 10.95%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 8.24%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 2.59%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 13.89%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 27.51%
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 -13.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.68%
Dec 31, 2025 1.98%
Sep 30, 2025 -9.82%
Jun 30, 2025 -19.35%
Mar 31, 2025 -56.71%
Dec 31, 2024 -28.94%
Sep 30, 2024 -57.67%
Jun 30, 2024 -37.29%
Mar 31, 2024 -95.20%
Dec 31, 2023 -57.47%
Sep 30, 2023 -123.16%
Jun 30, 2023 -284.71%
Mar 31, 2023 -164.89%
Dec 31, 2022 -32.48%
Sep 30, 2022 -100.02%
Jun 30, 2022 -120.22%
Mar 31, 2022 -174.53%
Dec 31, 2021 -166.28%
Sep 30, 2021 -147.12%
Jun 30, 2021 -175.03%