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Adaptive Biotechnologies Corp revenue

Adaptive Biotechnologies Corp's revenue was $277m in fiscal 2025, up 54.8% on the year before. Since fiscal 2017 ($38.4m) it has grown at a compound 28.0% a year. Over the last twelve months it was $308m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Adaptive Biotechnologies Corp: revenue history, annual
Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue38568598154185170179277308
Growth on the year before—+44.8%+52.8%+15.6%+56.9%+20.1%−8.1%+5.1%+54.8%—
Gross profit2336637610512795107206233
Gross margin59.2%64.7%73.8%77.1%68.1%68.7%55.6%59.7%74.2%75.6%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Mrd Business $212M 76.7% ▲ 45.9%
Immune Medicine Business $64.6M 23.3% ▲ 93.4%

From Adaptive Biotechnologies Corp's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Biotechnology: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Adaptive Biotechnologies Corp $308m 50.1% 17.6%
Vericel Corp $306m 23.0% 19.8%
Vir Biotechnology, Inc. $303m 1495.9% -14.8%
Arvinas, Inc. $317m -15.0% 26.1%
Iovance Biotherapeutics, Inc. $325m 34.5% —
Syndax Pharmaceuticals Inc $290m 159.7% 177.8%

Compare with peers

Head to head: ADPT vs VCELADPT vs VIRADPT vs ARVNADPT vs IOVA

More: Biotechnology stocks compared, Health Care sector, rankings of US companies

Figures from Adaptive Biotechnologies Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Adaptive Biotechnologies Corp.