Adaptive Biotechnologies ADPT
NASDAQ ADPT
$28.60 +0.93 (+3.36%)
As of: Sep 17, 2026 · 3:59 PM EDT

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

Adaptive Biotechnologies' (ADPT) quarterly Gross Margin came in at 71.82% in Q2 2026, up 239.0% year-over-year from 21.19% in Q2 2025, and down 2.43% quarter-over-quarter from 73.6% in Q1 2026.

Analysis

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

Adaptive Biotechnologies has disclosed Gross Margin across 9 years of filings, most recently posting 71.82% for Q2 2026.

  • In Q2 2026, Gross Margin rose 239.0% year-over-year to 71.82%; the TTM figure through Jun 2026 stood at 75.57% (up 953.0% YoY), while the FY2025 annual figure was 74.24%, up 1451.0% from the prior year.
  • Gross Margin came in at 71.82% for Q2 2026 at Adaptive Biotechnologies, down from 73.6% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 80.68% in Q3 2025 to a low of 48.98% in Q3 2023.
  • Average Gross Margin over 5 years is 65.01%, with a median of 66.73% recorded in 2025.
  • Year-over-year, Gross Margin tumbled 1985 bps in 2023 and surged 1657 bps in 2025.
  • Over 5 years, Gross Margin stood at 69.95% in 2022, then fell by 18 bps to 57.16% in 2023, then advanced by 8 bps to 61.98% in 2024, then climbed by 20 bps to 74.58% in 2025, then declined by 4 bps to 71.82% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 71.82% in Q2 2026, 73.6% in Q1 2026, and 74.58% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 64.58%
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 33.75%
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 29.80%
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 65.39%
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 71.70%
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 69.16%
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 55.38%
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 70.45%
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 71.82%
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 72.80%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 71.82%
Mar 31, 2026 73.60%
Dec 31, 2025 74.58%
Sep 30, 2025 80.68%
Jun 30, 2025 69.43%
Mar 31, 2025 67.62%
Dec 31, 2024 61.98%
Sep 30, 2024 64.11%
Jun 30, 2024 55.27%
Mar 31, 2024 56.89%
Dec 31, 2023 57.16%
Sep 30, 2023 48.98%
Jun 30, 2023 63.39%
Mar 31, 2023 50.38%
Dec 31, 2022 69.95%
Sep 30, 2022 68.83%
Jun 30, 2022 69.72%
Mar 31, 2022 65.84%
Dec 31, 2021 62.15%
Sep 30, 2021 64.05%