Adaptive Biotechnologies (ADPT) Net Margin (2018 - 2026)
Adaptive Biotechnologies (ADPT) posted Net Margin of -55.61% for Q2 2026, down 12.10 percentage points from -43.50% a year earlier and down 27.34 percentage points from the prior quarter.
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Analysis
Adaptive Biotechnologies (ADPT) Net Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Adaptive Biotechnologies was -20.73%, up 38.35 percentage points year-over-year; for FY2025, it was -21.48%, up 67.64 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +127.15 percentage points (FY2020 to FY2025).
- In prior years, Adaptive Biotechnologies' Net Margin was -89.12% in FY2024 (+43.16 pp), -132.29% in FY2023 (-24.25 pp), -108.03% in FY2022 (+26.27 pp) and -134.30% in FY2021 (+14.34 pp).
- The Q2 2026 figure stands as the lowest quarterly Net Margin since Q1 2025.
- On a year-over-year basis, Net Margin increased in seven of the last eight quarters, with an average year-over-year change of +51.52 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2022, with a gain of 89.27 percentage points; the weakest was Q4 2023, with a drop of 78.97 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -28.27% (Q1 2026), -18.94% (Q4 2025) and 10.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | 8.40% |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | -8.90% |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 8.01% |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 10.52% |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | 14.68% |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | -35.87% |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 2.18% |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 4.49% |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | 9.63% |
| 10 | Adaptive Biotechnologies | 3.91 Bn | 2.90 Bn | 51.39 Mn | -55.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -55.61% |
| Mar 31, 2026 | -28.27% |
| Dec 31, 2025 | -18.94% |
| Sep 30, 2025 | 10.16% |
| Jun 30, 2025 | -43.50% |
| Mar 31, 2025 | -56.92% |
| Dec 31, 2024 | -70.99% |
| Sep 30, 2024 | -69.07% |
| Jun 30, 2024 | -107.02% |
| Mar 31, 2024 | -113.45% |
| Dec 31, 2023 | -151.67% |
| Sep 30, 2023 | -132.65% |
| Jun 30, 2023 | -97.72% |
| Mar 31, 2023 | -153.26% |
| Dec 31, 2022 | -72.70% |
| Sep 30, 2022 | -94.67% |
| Jun 30, 2022 | -119.21% |
| Mar 31, 2022 | -162.44% |
| Dec 31, 2021 | -161.96% |
| Sep 30, 2021 | -141.64% |
API Access
Adaptive Biotechnologies Net Margin 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=net-margin&ticker=ADPT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=ADPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();