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
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