Adaptive Biotechnologies Corporation
Financials
Valuation Metrics
Adaptive Biotechnologies Corporation's Market Cap is $4.58B. At end of 2025 it was $2.49B. Ranked #1425 of 3,121 in US market (top 46%), #492 of 1,463 on NASDAQ (top 34%), #84 of 266 in Pharmaceuticals, Biotechnology & Life Sciences (top 32%) by Market Cap.
Investment Metrics(as of 2026-09-18)
| Metric | Value | Rank |
|---|---|---|
| Size | ||
| Market Cap | $4.58B | US#1,425/3,121 Sec#84/266 |
| Revenue | $308M | US#2,450/3,121 Sec#95/266 |
| Net Income | $-64M | US—/3,121 Sec—/266 |
| Total Assets | $641M | US#2,675/3,121 Sec#139/266 |
| Net Assets | $143M | US#2,761/3,121 Sec#209/266 |
| Employees | 624 | US#2,179/3,121 Sec#73/266 |
| Value | ||
| P/B | 32.04x | US#2,853/3,121 Sec#228/266 |
| P/S | 14.86x | US#2,790/3,121 Sec#130/266 |
| FCF Yield | -0.52% | US—/3,121 Sec—/266 |
| Profitability | ||
| ROE | -44.68% | US#2,660/3,121 Sec#149/266 |
| ROA | -9.97% | US#2,662/3,121 Sec#101/266 |
| Op. Margin | -12.16% | US#2,559/3,121 Sec#96/266 |
| Revenue Growth | 50.13% | US#226/3,121 Sec#50/266 |
| Financial Health | ||
| Debt Ratio | 342.87% | US#2,201/3,121 Sec#218/266 |
| Total Debt | $410M | US#1,976/3,121 Sec#69/266 |
| FCF | $-24M | US#2,445/3,121 Sec#98/266 |
| Cash | $170M | US#1,863/3,121 Sec#125/266 |
| Current Ratio | 4.79x | US#501/3,121 Sec#151/266 |
| Performance | ||
| 1Y Return | 107.77% | US#152/3,121 Sec#53/266 |
| 1M Return | 12.24% | US#129/3,121 Sec#15/266 |
| From 52W High | -0.38% | US#34/3,121 Sec#5/266 |
| 1Y MDD | -39.35% | US#1,987/3,121 Sec#139/266 |
| Trading | ||
| Volume | 2,728,414 shares | US#553/3,121 Sec#48/266 |
| Trading Value | $77M | US#897/3,121 Sec#62/266 |
| Per Share | ||
| EPS | $-0.40 | US—/3,121 Sec—/266 |
| BPS | $0.89 | US#2,718/3,121 Sec#208/266 |
Company Info
Adaptive Biotechnologies Corporation, founded in 2009 and headquartered in Seattle, Washington (operating as Adaptive TCR Corporation until its name change in December 2011), is a commercial-stage entity focused on pioneering an immune medicine platform. This advanced platform is engineered for the precise diagnosis and effective treatment of a broad spectrum of illnesses. The company offers several core technological solutions. Its immunoSEQ platform, a foundational immunosequencing product, is vital for translational research and discovering novel prognostic and diagnostic markers. For confirming past COVID-19 infections, Adaptive provides T-Detect COVID. Additionally, clonoSEQ functions as a critical clinical diagnostic tool, enabling the detection and continuous monitoring of minimal residual disease in individuals with multiple myeloma, B-cell acute lymphoblastic leukemia, and chronic lymphocytic leukemia; it is also available as a CLIA-validated laboratory-developed test for other lymphoid cancers. Another specialized offering, immunoSEQ T-MAP COVID, aids vaccine developers and researchers in quantifying T-cell immune responses to vaccines. Beyond its current product lineup, Adaptive Biotechnologies actively develops a pipeline of clinical products and services designed for the diagnosis, monitoring, and treatment of conditions such as cancer, autoimmune disorders, and infectious diseases. Its solutions cater to life science research, clinical diagnostics, and drug discovery applications. The company has established key strategic collaborations: one with Genentech, Inc., for the joint development, manufacturing, and commercialization of neoantigen-directed T-cell therapies aimed at treating various cancers; and another with Microsoft Corporation, dedicated to creating sophisticated diagnostic tests capable of identifying multiple diseases early from a single blood sample.