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 has reported Operating Expenses for 9 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $116.9 million in Q4 2023 and troughed at $79.1 million in Q3 2024.
- A 5-year average of $91.1 million and a median of $90.5 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses climbed 27.55% in 2022, then plunged 30.43% in 2024.
- Over 5 years, Operating Expenses stood at $94.4 million in 2022, then grew by 23.8% to $116.9 million in 2023, then slumped by 30.43% to $81.3 million in 2024, then climbed by 3.88% to $84.5 million in 2025, then climbed by 6.66% to $90.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $90.1 million, $84.5 million, and $83.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Adaptive Biotechnologies | 3.83 Bn | 3.61 Bn | 52.17 Mn | 90.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |