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

Adaptive Biotechnologies (ADPT) posted Net Margin of 28.24% for Q1 2026, down 49.08% sequentially from 18.94% in Q4 2025, and up 2864.0% YoY from 0.95% in Q1 2025.

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

Adaptive Biotechnologies (ADPT) has 9 years of Net Margin data on file, last reported at 28.24% in Q1 2026.

  • Quarterly Net Margin rose 2864.0% year-over-year to 28.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.8% (up 5806.0% YoY) and the FY2025 annual result came in at 21.47%, up 6771.0% from the prior year.
  • Net Margin eased to 28.24% in Q1 2026 per ADPT's latest filing, from 18.94% in the prior quarter.
  • The five-year high for Net Margin was 10.16% in Q3 2025, with the low at 620.92% in Q2 2023.
  • Average Net Margin over 5 years is 118.01%, with a median of 94.75% recorded in 2022.
  • Year-over-year, Net Margin plunged 50163 bps in 2023 and jumped 51384 bps in 2024.
  • Adaptive Biotechnologies' Net Margin stood at 72.77% in 2022, then slumped by 108 bps to 151.73% in 2023, then soared by 53 bps to 71.04% in 2024, then jumped by 73 bps to 18.94% in 2025, then tumbled by 49 bps to 28.24% in 2026.
  • Business Quant data shows ADPT's Net Margin at 28.24% in Q1 2026, 18.94% in Q4 2025, and 10.16% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -5.68%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 15.06%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 17.29%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 24.41%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -12.22%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 18.47%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 3.40%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 12.28%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 17.89%
10 Adaptive Biotechnologies 3.48 Bn 3.27 Bn 52.17 Mn -28.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 -28.24%
Dec 31, 2025 -18.94%
Sep 30, 2025 10.16%
Jun 30, 2025 -43.47%
Mar 31, 2025 -56.88%
Dec 31, 2024 -71.04%
Sep 30, 2024 -69.12%
Jun 30, 2024 -107.08%
Mar 31, 2024 -113.52%
Dec 31, 2023 -151.73%
Sep 30, 2023 -132.72%
Jun 30, 2023 -620.92%
Mar 31, 2023 -153.27%
Dec 31, 2022 -72.77%
Sep 30, 2022 -94.75%
Jun 30, 2022 -119.29%
Mar 31, 2022 -162.60%
Dec 31, 2021 -161.76%
Sep 30, 2021 -141.89%
Jun 30, 2021 -128.04%