Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026)
Adaptive Biotechnologies' (ADPT) quarterly Operating Expenses came in at $87.3 million in Q2 2026, up 4.06% year-over-year from $83.9 million in Q2 2025, and down 3.06% quarter-over-quarter from $90.1 million in Q1 2026.
Analysis
Adaptive Biotechnologies (ADPT) Operating Expenses (2018 - 2026) Analysis & Trends
Adaptive Biotechnologies has disclosed Operating Expenses across 9 years of filings, most recently posting $87.3 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.06% year-over-year to $87.3 million; the TTM figure through Jun 2026 stood at $345.5 million (up 5.89% YoY), while the FY2025 annual figure was $334.1 million, down 2.17% from the prior year.
- Operating Expenses came in at $87.3 million for Q2 2026 at Adaptive Biotechnologies, down from $90.1 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.
- Average Operating Expenses over 5 years is $90.9 million, with a median of $90.3 million recorded in 2024.
- Year-over-year, Operating Expenses advanced 27.55% in 2022 and tumbled 30.43% in 2024.
- Over 5 years, Operating Expenses stood at $94.4 million in 2022, then advanced by 23.8% to $116.9 million in 2023, then plunged by 30.43% to $81.3 million in 2024, then gained by 3.88% to $84.5 million in 2025, then gained by 3.4% to $87.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $87.3 million in Q2 2026, $90.1 million in Q1 2026, and $84.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 828.54 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 2.58 Bn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 582.30 Mn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 464.10 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 458.40 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 236.79 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 68.16 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 71.60 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 87.32 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 165.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 87.32 Mn |
| 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 |