Adaptive Biotechnologies (ADPT) Intangibles (2018 - 2026)
Adaptive Biotechnologies' Intangibles was $884,000 in Q2 2026, down 65.8% from $2.58 million a year earlier and down 32.4% from the prior quarter.
Adaptive Biotechnologies (ADPT) Intangibles (2018 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Adaptive Biotechnologies came in at $1.73 million, down 49.6% from FY2024.
- Intangibles has now declined for seven consecutive years, with a five-year compound annual growth rate of -29.9% (FY2020 to FY2025).
- In earlier years, Intangibles was $3.43 million in FY2024 (-33.2%), $5.13 million in FY2023 (-24.9%), $6.83 million in FY2022 (-19.9%) and $8.53 million in FY2021 (-16.6%).
- The Q2 2026 figure marks the lowest quarterly Intangibles in data going back to Q4 2018.
- Compared with a year earlier, Intangibles has declined for 25 straight quarters, with an average decline of 44.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 15.9% (Q3 2021) to 65.8% (Q2 2026).
- Per Business Quant data, ADPT's Intangibles in the three quarters before Q2 2026 was $1.31 million (Q1 2026), $1.73 million (Q4 2025) and $2.16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | - |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 360.20 Mn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 1.67 Bn |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 3.68 Bn |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 1.28 Bn |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | 25.27 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 1.46 Bn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 514.42 Mn |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 228.82 Mn |
| 10 | Adaptive Biotechnologies | 3.82 Bn | 2.82 Bn | 51.39 Mn | 884,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 884,000.00 |
| Mar 31, 2026 | 1.31 Mn |
| Dec 31, 2025 | 1.73 Mn |
| Sep 30, 2025 | 2.16 Mn |
| Jun 30, 2025 | 2.58 Mn |
| Mar 31, 2025 | 3.01 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Sep 30, 2024 | 3.85 Mn |
| Jun 30, 2024 | 4.28 Mn |
| Mar 31, 2024 | 4.71 Mn |
| Dec 31, 2023 | 5.13 Mn |
| Sep 30, 2023 | 5.56 Mn |
| Jun 30, 2023 | 5.99 Mn |
| Mar 31, 2023 | 6.41 Mn |
| Dec 31, 2022 | 6.83 Mn |
| Sep 30, 2022 | 7.26 Mn |
| Jun 30, 2022 | 7.68 Mn |
| Mar 31, 2022 | 8.11 Mn |
| Dec 31, 2021 | 8.53 Mn |
| Sep 30, 2021 | 8.96 Mn |
Adaptive Biotechnologies Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=ADPT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "ADPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=ADPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();