Adaptive Biotechnologies ADPT Revenue Breakdown

NASDAQ ADPT
$23.95 -0.07 (-0.29%)
At close: Oct 19, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Adaptive Biotechnologies, fiscal 2017 to 2025, as reported in its filings.
Annual history

Adaptive Biotechnologies Revenue by Collaborative Arrangement & Arrangement Other than Collaborative

Years FY 2017–2025
Lines 4
FY 2025 Total $276.98M

Service Revenue was Adaptive Biotechnologies’s largest revenue line in fiscal 2025, bringing in $192.83M of $276.98M (70%).

Adaptive Biotechnologies revenue by collaborative arrangement and arrangement other than collaborative, fiscal 2017 to 2025
Collaborative Arrangement and Arrangement Other than Collaborative FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Service Revenue $81.14M $102.74M $133.03M $192.83M
Collaboration Revenue $66.39M $42.58M $13.45M $41.28M
Service & Licensing Revenue — $24.96M — $23.36M
Regulatory Milestone Revenue $6.00M — $12.50M $19.50M
Total $154.23M $170.28M $178.98M $276.98M
Totals include 5 discontinued lines from earlier reporting.

Adaptive Biotechnologies revenue by collaborative arrangement and arrangement other than collaborative: what the figures show

Adaptive Biotechnologies brought in $276.98M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. Adaptive Biotechnologies regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $178.98M. Service Revenue was the largest at $192.83M (69.6%), ahead of Collaboration Revenue at $41.28M (14.9%) and Service & Licensing Revenue at $23.36M (8.4%). The remaining revenue line, Regulatory Milestone Revenue, brought in $19.50M.

Compared with fiscal 2024, Collaboration Revenue grew fastest, up 206.9% to $41.28M. Every revenue line above 2% of revenue grew.

Adaptive Biotechnologies began breaking out Service & Licensing Revenue in fiscal 2023, when it brought in $24.96M. Adaptive Biotechnologies stopped reporting Immune Medicine Service Revenue as a separate revenue line after fiscal 2024, when it brought in $20.00M.

Annual history

Adaptive Biotechnologies Revenue by Type Of Arrangement

Years FY 2020–2025
Lines 3
FY 2025 Total $254.42M

Mrd Revenue was Adaptive Biotechnologies’s largest revenue line in fiscal 2025, bringing in $212.33M of $254.42M (83%).

Adaptive Biotechnologies revenue by type of arrangement, fiscal 2020 to 2025
Type Of Arrangement FY 2020 FY 2021 FY 2022 FY 2023 FY 2023 FY 2023 FY 2024 FY 2025
Mrd Revenue $81.14M — — $102.74M $145.53M $212.33M
Immune Medicine Revenue $66.39M — — $67.54M $13.45M $41.28M
Cancelled Customer Contracts — — — $600.00K $1.20M $800.00K
Total $152.73M $7.70M $7.70M $171.58M $166.68M $254.42M
Totals include 2 discontinued lines from earlier reporting.

Adaptive Biotechnologies revenue by type of arrangement: what the figures show

Adaptive Biotechnologies brought in $254.42M from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $276.98M it reports by collaborative arrangement and arrangement other than collaborative, so these revenue lines do not cover all of its revenue. Mrd Revenue was the largest at $212.33M (83.5%), ahead of Immune Medicine Revenue at $41.28M (16.2%) and Cancelled Customer Contracts at $800.00K (0.3%).

Compared with fiscal 2024, Immune Medicine Revenue grew 206.9% to $41.28M and Mrd Revenue grew 45.9% to $212.33M. Some of that change comes from Adaptive Biotechnologies regrouping its revenue lines.

Adaptive Biotechnologies began breaking out Cancelled Customer Contracts in fiscal 2023, when it brought in $600.00K. Adaptive Biotechnologies stopped reporting Genentech Collaboration Agreement ($7.70M in fiscal 2023) and Medicare Reimbursements ($6.50M in fiscal 2024) as separate revenue lines.

Questions

Adaptive Biotechnologies Revenue Breakdown FAQ

How does Adaptive Biotechnologies make money?

Adaptive Biotechnologies (ADPT) reports its revenue by collaborative arrangement and arrangement other than collaborative and by type of arrangement. In fiscal 2025, Service Revenue was its largest revenue line, bringing in $192.83M (69.6% of the total), followed by Collaboration Revenue at $41.28M (14.9%).

What is Adaptive Biotechnologies' largest revenue line?

Service Revenue was Adaptive Biotechnologies' largest revenue line in fiscal 2025, bringing in $192.83M, or 69.6% of the $276.98M total across its four revenue lines.

Where does this revenue breakdown data come from?

Every figure comes from Adaptive Biotechnologies' annual financial filings, as reported. Each line keeps the name Adaptive Biotechnologies gives it, and years follow its fiscal calendar.

How far back does Adaptive Biotechnologies' revenue breakdown go?

Adaptive Biotechnologies' revenue by collaborative arrangement and arrangement other than collaborative goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.