Adaptive Biotechnologies (ADPT) Operating Leases (2020 - 2026)
Adaptive Biotechnologies (ADPT) recorded Operating Leases of $66.8 million in Q2 2026, down 10.2% from $74.41 million a year earlier and down 3.3% from the prior quarter.
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Analysis
Adaptive Biotechnologies (ADPT) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Adaptive Biotechnologies reported Operating Leases of $70.23 million, down 11.3% from FY2024.
- Annual Operating Leases has declined for four straight years, with a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $79.15 million in FY2024 (-11.5%), $89.39 million in FY2023 (-9.5%), $98.77 million in FY2022 (-7.4%) and $106.69 million in FY2021 (+2.3%).
- The Q2 2026 figure is the lowest quarterly Operating Leases since Q3 2020.
- On a year-over-year basis, Operating Leases has declined for 17 consecutive quarters, with an average decline of 11.1% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 155.0% in Q3 2021, against a decline of 12.0% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $69.12 million (Q1 2026), $70.23 million (Q4 2025) and $72.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - |
| 10 | Adaptive Biotechnologies | 3.91 Bn | 2.90 Bn | 51.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.80 Mn |
| Mar 31, 2026 | 69.12 Mn |
| Dec 31, 2025 | 70.23 Mn |
| Sep 30, 2025 | 72.36 Mn |
| Jun 30, 2025 | 74.41 Mn |
| Mar 31, 2025 | 76.44 Mn |
| Dec 31, 2024 | 79.15 Mn |
| Sep 30, 2024 | 81.80 Mn |
| Jun 30, 2024 | 84.37 Mn |
| Mar 31, 2024 | 86.90 Mn |
| Dec 31, 2023 | 89.39 Mn |
| Sep 30, 2023 | 91.82 Mn |
| Jun 30, 2023 | 94.18 Mn |
| Mar 31, 2023 | 96.49 Mn |
| Dec 31, 2022 | 98.77 Mn |
| Sep 30, 2022 | 100.52 Mn |
| Jun 30, 2022 | 102.73 Mn |
| Mar 31, 2022 | 104.98 Mn |
| Dec 31, 2021 | 106.69 Mn |
| Sep 30, 2021 | 108.04 Mn |
API Access
Adaptive Biotechnologies Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ADPT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ADPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ADPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();