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
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