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| 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 |