Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026)

Adaptive Biotechnologies (ADPT) posted Operating Expenses of $90.1 million for Q1 2026, up 6.66% sequentially from $84.5 million in Q4 2025, and up 9.79% YoY from $82.0 million in Q1 2025.

Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026) Analysis & Trends

Adaptive Biotechnologies (ADPT) has 9 years of Operating Expenses data on file, last reported at $90.1 million in Q1 2026.

  • Quarterly Operating Expenses rose 9.79% year-over-year to $90.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $342.1 million (up 2.77% YoY) and the FY2025 annual result came in at $334.1 million, down 2.17% from the prior year.
  • Operating Expenses advanced to $90.1 million in Q1 2026 per ADPT's latest filing, from $84.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $116.9 million in Q4 2023, with the low at $79.1 million in Q3 2024.
  • Average Operating Expenses over 5 years is $91.1 million, with a median of $90.5 million recorded in 2024.
  • Year-over-year, Operating Expenses increased 27.55% in 2022 and slumped 30.43% in 2024.
  • Adaptive Biotechnologies' Operating Expenses stood at $94.4 million in 2022, then increased by 23.8% to $116.9 million in 2023, then tumbled by 30.43% to $81.3 million in 2024, then grew by 3.88% to $84.5 million in 2025, then grew by 6.66% to $90.1 million in 2026.
  • Business Quant data shows ADPT's Operating Expenses at $90.1 million in Q1 2026, $84.5 million in Q4 2025, and $83.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 Adaptive Biotechnologies 3.48 Bn 3.27 Bn 52.17 Mn 90.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 90.08 Mn
Dec 31, 2025 84.45 Mn
Sep 30, 2025 83.68 Mn
Jun 30, 2025 83.92 Mn
Mar 31, 2025 82.05 Mn
Dec 31, 2024 81.30 Mn
Sep 30, 2024 79.07 Mn
Jun 30, 2024 90.51 Mn
Mar 31, 2024 90.64 Mn
Dec 31, 2023 116.85 Mn
Sep 30, 2023 88.88 Mn
Jun 30, 2023 96.74 Mn
Mar 31, 2023 94.84 Mn
Dec 31, 2022 94.38 Mn
Sep 30, 2022 93.26 Mn
Jun 30, 2022 96.16 Mn
Mar 31, 2022 101.69 Mn
Dec 31, 2021 99.53 Mn
Sep 30, 2021 95.79 Mn
Jun 30, 2021 88.27 Mn