Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026)
Adaptive Biotechnologies' (ADPT) quarterly Operating Expenses came in at $90.1 million in Q1 2026, up 9.79% year-on-year from $82.0 million in Q1 2025, and up 6.66% quarter-over-quarter from $84.5 million in Q4 2025.
Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026) Analysis & Trends
Adaptive Biotechnologies has disclosed Operating Expenses across 9 years of filings, most recently posting $90.1 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $90.1 million, up 9.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $342.1 million (up 2.77% YoY), and the FY2025 annual result was $334.1 million, down 2.17% from the prior year.
- Operating Expenses came in at $90.1 million for Q1 2026 at Adaptive Biotechnologies, up from $84.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $116.9 million in Q4 2023 to a low of $79.1 million in Q3 2024.
- The 5-year median for Operating Expenses is $90.5 million (2024), against an average of $91.1 million.
- Across the five-year window, Operating Expenses gained 27.55% in 2022 and plunged 30.43% in 2024, its largest moves.
- Adaptive Biotechnologies' Operating Expenses stood at $94.4 million in 2022, then advanced by 23.8% to $116.9 million in 2023, then slumped by 30.43% to $81.3 million in 2024, then gained by 3.88% to $84.5 million in 2025, then gained by 6.66% to $90.1 million in 2026.
- The last three Operating Expenses figures came in at $90.1 million (Q1 2026), $84.5 million (Q4 2025), and $83.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Adaptive Biotechnologies | 2.60 Bn | 2.39 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 |