# Adaptive Biotechnologies share price today (Adaptive Biotechnologies Corporation, ADPT) > Adaptive Biotechnologies Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ADPT · Healthcare · Diagnostics & Research · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/adpt Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $25.80 (+48.6% in a year) - Revenue (Jun 2026): $71.6 M (+21.5% on a year ago) - Profit (Jun 2026): −$39.8 M - Operating margin: −22.0% (+20.5 points on a year ago) - ROE: −26%, FY25 - ROIC: −4.9%, against a 14.8% cost of capital: −19.7 points Biggest thing to watch: the price has already been rising for 23 weeks, so timing is the risk more than the business. ## What is the Adaptive Biotechnologies share price today? Adaptive Biotechnologies Corporation's share price was $25.80 at the close on 3 November 2026. It has been rising for 23 weeks. That is 31.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $12 and $29, and at that close it sat 79% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 23 weeks in a row. Over the last 7.3 years the share price moved −47% while the S&P 500 moved +157%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Adaptive Biotechnologies pay? Adaptive Biotechnologies Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Adaptive Biotechnologies on? Adaptive Biotechnologies is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Adaptive Biotechnologies profitable? Adaptive Biotechnologies Corporation posted a net loss of $39.8 M in the Jun 2026 quarter. The full FY25 year was a loss of $59.5 M. That loss is 55.6% of the quarter's revenue. The same quarter a year earlier lost $25.6 M. 11 of the last 12 reported quarters were loss-making. ## How much revenue does Adaptive Biotechnologies make, and is it growing? Adaptive Biotechnologies Corporation reported $71.6 M of revenue in the Jun 2026 quarter, +21.5% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 4 years it has grown 15.7% a year on average. The last full year, FY25, came in at $277 M. The last four reported quarters add to $308 M. FY25 revenue was $277 M, +54.8% on the year before. Recent pace: the last four quarters grew +52.5% on average, against 15.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +50.1%, against +35.1% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Adaptive Biotechnologies keep? Adaptive Biotechnologies Corporation's operating margin was −22.0% in the Jun 2026 quarter, 20.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between −135.4% and −20.6%. The latest quarter is within that range. Why the margin moved: operating margin changed +20.5 percentage points on the year while gross margin changed +16.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Adaptive Biotechnologies' profit turning into cash? Adaptive Biotechnologies Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $46.0 M of cash, against −$59.5 M of profit. After $3.0 M of spending on assets, free cash was −$48.9 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Adaptive Biotechnologies' cash go? Adaptive Biotechnologies Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $17.3 M on assets over the last 3 years. Averaged over those years that is 2.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $17.3 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Adaptive Biotechnologies' P/E ratio, and how does it compare with its own history? Adaptive Biotechnologies Corporation has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Adaptive Biotechnologies Corporation at 14.9× its FY25 revenue of $277 M. The P/E comes back here once profit turns positive. ## Is the Adaptive Biotechnologies business getting better or worse? Adaptive Biotechnologies Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Adaptive Biotechnologies earn on its capital? Adaptive Biotechnologies Corporation earned a ROE of −26% in FY25. That is up from a low of −79% in FY24. Its return on capital used (ROIC) is 19.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −21.5% net margin and 0.54× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −21.5% net margin × 0.54× asset turnover × 2.28× leverage (assets divided by equity) ≈ −26.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −4.9% − 14.8% = −19.7 percentage points. The 14.8% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Adaptive Biotechnologies have too much debt? Adaptive Biotechnologies Corporation has total debt of $410 M against shareholder equity of $151 M as of Jun 2026, so its debt is 2.72× its equity. Year by year, that ratio went from 0.18 in FY21 to 0.93 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Adaptive Biotechnologies shareholding pattern? 9.6% of Adaptive Biotechnologies Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Adaptive Biotechnologies from balance-sheet trouble? For Adaptive Biotechnologies Corporation, the Z-score is 0.62. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.62 is inside the danger zone, so the balance sheet is a real risk. ## How does Adaptive Biotechnologies rank in its industry? 52.1 out of 100, rank 12 of 30 in Diagnostics & Research, with 64% of the evidence available. Adaptive Biotechnologies Corporation scores 52.1 out of 100 against the 30 companies it is compared with in Diagnostics & Research, ranking 12. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 25.7 + 5.5 + 10.9 + 10 = 52.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Adaptive Biotechnologies compared with? Adaptive Biotechnologies ranks 12 of 30 Diagnostics & Research companies on the 4-Factor Sector Score, with 52.1 out of 100. 1. [CareDx, Inc.](https://www.sectoralpha.in/us/stocks/cdna) CDNA · leader · Evidence leans up · 64% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 33.9% · Profit 93.1% · Operating margin change 12.6 points · 62% evidence Capital efficiency 7.2/25 · ROCE -0.4% · Operating margin 0.2% · 76% evidence Valuation 10.6/20 · P/E 13.3× · PEG n/a · 15% evidence Relative strength 19.9/20 · Lead over its industry 110.8% · Lead over S&P 500 166.5% · 1 year 466.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 25.1 + 7.2 + 10.6 + 19.9 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Agilent Technologies, Inc.](https://www.sectoralpha.in/us/stocks/a) A · leader · Evidence leans up · 85% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 8.6% · Profit 18% · Operating margin change 2.9 points · 95% evidence Capital efficiency 18.4/25 · ROCE 15.4% · Operating margin 25.6% · 76% evidence Valuation 11.1/20 · P/E 27.1× · PEG 1.41 · 65% evidence Relative strength 11.7/20 · Lead over its industry -8.9% · Lead over S&P 500 21.3% · 1 year 19.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.8 + 18.4 + 11.1 + 11.7 = 62 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Medpace Holdings, Inc.](https://www.sectoralpha.in/us/stocks/medp) MEDP · leader · Evidence leans up · 85% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 20.3% · Profit 19.4% · Operating margin change 1.6 points · 95% evidence Capital efficiency 21.3/25 · ROCE 75.3% · Operating margin 23.1% · 76% evidence Valuation 12.2/20 · P/E 33.6× · PEG 1.29 · 65% evidence Relative strength 8.7/20 · Lead over its industry -11.9% · Lead over S&P 500 17.3% · 1 year 12.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19.1 + 21.3 + 12.2 + 8.7 = 61.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Revvity, Inc.](https://www.sectoralpha.in/us/stocks/rvty) RVTY · leader · Too little evidence to rank firmly · 58% evidence 60.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.4/35 · Revenue n/a · Profit n/a · Operating margin change 3.3 points · 45% evidence Capital efficiency 12.8/25 · ROCE 4.3% · Operating margin 17.1% · 76% evidence Valuation 8.8/20 · P/E 53.4× · PEG n/a · 15% evidence Relative strength 18.2/20 · Lead over its industry 7% · Lead over S&P 500 41.6% · 1 year 80.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.4 + 12.8 + 8.8 + 18.2 = 60.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [IDEXX Laboratories, Inc.](https://www.sectoralpha.in/us/stocks/idxx) IDXX · turning · Evidence leans up · 81% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 12.8% · Profit 15.5% · Operating margin change 1.4 points · 83% evidence Capital efficiency 21.3/25 · ROCE 68.1% · Operating margin 35% · 76% evidence Valuation 7.1/20 · P/E 36.4× · PEG 1.97 · 65% evidence Relative strength 8.0/20 · Lead over its industry -21.5% · Lead over S&P 500 6.4% · 1 year -5.1% · 100% evidence · 1 of 12 weeks ahead Exact sum: 23.1 + 21.3 + 7.1 + 8 = 59.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Labcorp Holdings Inc.](https://www.sectoralpha.in/us/stocks/lh) LH · leader · Evidence leans up · 81% evidence 58.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.3/35 · Revenue 6.4% · Profit 31.2% · Operating margin change 0.9 points · 83% evidence Capital efficiency 13.4/25 · ROCE 9.9% · Operating margin 12.2% · 76% evidence Valuation 15.2/20 · P/E 22.9× · PEG 0.69 · 65% evidence Relative strength 8.9/20 · Lead over its industry -11.1% · Lead over S&P 500 19.1% · 1 year 40% · 100% evidence · 11 of 12 weeks ahead Exact sum: 21.3 + 13.4 + 15.2 + 8.9 = 58.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [GRAIL, Inc.](https://www.sectoralpha.in/us/stocks/gral) GRAL · leader · Evidence leans up · 61% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 23% · Profit n/a · Operating margin change 36.1 points · 62% evidence Capital efficiency 3.9/25 · ROCE -19.3% · Operating margin -332% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 19.4/20 · Lead over its industry 25.5% · Lead over S&P 500 63.9% · 1 year 75.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 3.9 + 10 + 19.4 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Mettler-Toledo International Inc.](https://www.sectoralpha.in/us/stocks/mtd) MTD · leader · Evidence leans up · 81% evidence 55.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 6.9% · Profit 9% · Operating margin change 3.8 points · 83% evidence Capital efficiency 21.0/25 · ROCE 47.8% · Operating margin 31.2% · 76% evidence Valuation 6.8/20 · P/E 28.5× · PEG 2.27 · 65% evidence Relative strength 11.1/20 · Lead over its industry -11% · Lead over S&P 500 19.2% · 1 year 18% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17 + 21 + 6.8 + 11.1 = 55.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 9. [Natera, Inc.](https://www.sectoralpha.in/us/stocks/ntra) NTRA · leader · Evidence leans up · 64% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.1/35 · Revenue 37.8% · Profit n/a · Operating margin change 9.9 points · 62% evidence Capital efficiency 5.3/25 · ROCE -13.5% · Operating margin -10.3% · 76% evidence Valuation 11.4/20 · P/E -152.2× · PEG n/a · 15% evidence Relative strength 13.7/20 · Lead over its industry 9% · Lead over S&P 500 42.8% · 1 year 94.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.1 + 5.3 + 11.4 + 13.7 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Charles River Laboratories International, Inc.](https://www.sectoralpha.in/us/stocks/crl) CRL · leader · Evidence leans up · 64% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue -0.7% · Profit n/a · Operating margin change -1.6 points · 62% evidence Capital efficiency 12.0/25 · ROCE 7.9% · Operating margin 15.1% · 76% evidence Valuation 11.3/20 · P/E -87.6× · PEG n/a · 15% evidence Relative strength 18.1/20 · Lead over its industry 17.8% · Lead over S&P 500 54.6% · 1 year 109.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 11.6 + 12 + 11.3 + 18.1 = 53 · What this means: Relative strength against the index is 54.6%, and revenue and profit growth are weak. 11. [Quest Diagnostics Incorporated](https://www.sectoralpha.in/us/stocks/dgx) DGX · leader · Evidence leans up · 85% evidence 52.7 out of 100 Growth Capital Valuation Relative 12. Adaptive Biotechnologies Corporation this page ADPT · leader · Evidence leans up · 64% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.7/35 · Revenue 51.5% · Profit n/a · Operating margin change 20.5 points · 62% evidence Capital efficiency 5.5/25 · ROCE -6.8% · Operating margin -22% · 76% evidence Valuation 10.9/20 · P/E -28.6× · PEG n/a · 15% evidence Relative strength 10.0/20 · Lead over its industry -0.9% · Lead over S&P 500 30% · 1 year 74.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 25.7 + 5.5 + 10.9 + 10 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 13. [Sotera Health Company](https://www.sectoralpha.in/us/stocks/shc) SHC · quiet · Evidence leans up · 71% evidence 51.3 out of 100 Growth Capital Valuation Relative 14. [IQVIA Holdings Inc.](https://www.sectoralpha.in/us/stocks/iqv) IQV · leader · Evidence leans up · 81% evidence 50.2 out of 100 Growth Capital Valuation Relative 15. [BillionToOne, Inc.](https://www.sectoralpha.in/us/stocks/blln) BLLN · turning · Too little evidence to rank firmly · 58% evidence 49.0 out of 100 Growth Capital Valuation Relative 16. [Danaher Corporation](https://www.sectoralpha.in/us/stocks/dhr) DHR · breaking out · Evidence leans down · 85% evidence 48.6 out of 100 Growth Capital Valuation Relative 17. [Illumina, Inc.](https://www.sectoralpha.in/us/stocks/ilmn) ILMN · leader · Evidence leans down · 71% evidence 48.4 out of 100 Growth Capital Valuation Relative 18. [OPKO Health, Inc.](https://www.sectoralpha.in/us/stocks/opk) OPK · turning · Evidence leans down · 64% evidence 48.2 out of 100 Growth Capital Valuation Relative 19. [Guardant Health, Inc.](https://www.sectoralpha.in/us/stocks/gh) GH · turning · Evidence leans down · 61% evidence 48.2 out of 100 Growth Capital Valuation Relative 20. [Veracyte, Inc.](https://www.sectoralpha.in/us/stocks/vcyt) VCYT · turning · Evidence leans down · 64% evidence 47.5 out of 100 Growth Capital Valuation Relative 21. [NeoGenomics, Inc.](https://www.sectoralpha.in/us/stocks/neo) NEO · losing its lead · Evidence leans down · 64% evidence 46.6 out of 100 Growth Capital Valuation Relative 22. [Twist Bioscience Corporation](https://www.sectoralpha.in/us/stocks/twst) TWST · leader · Evidence leans down · 64% evidence 46.6 out of 100 Growth Capital Valuation Relative 23. [Qiagen N.V.](https://www.sectoralpha.in/us/stocks/qgen) QGEN · breaking out · Evidence leans down · 81% evidence 45.0 out of 100 Growth Capital Valuation Relative 24. [Thermo Fisher Scientific Inc.](https://www.sectoralpha.in/us/stocks/tmo) TMO · leader · Evidence leans down · 85% evidence 44.8 out of 100 Growth Capital Valuation Relative 25. [RadNet, Inc.](https://www.sectoralpha.in/us/stocks/rdnt) RDNT · breaking out · Evidence leans down · 64% evidence 41.9 out of 100 Growth Capital Valuation Relative 26. [Waters Corporation](https://www.sectoralpha.in/us/stocks/wat) WAT · leader · Too little evidence to rank firmly · 58% evidence 39.2 out of 100 Growth Capital Valuation Relative 27. [ICON Public Limited Company](https://www.sectoralpha.in/us/stocks/iclr) ICLR · turning · Evidence leans down · 81% evidence 38.4 out of 100 Growth Capital Valuation Relative 28. [Castle Biosciences, Inc.](https://www.sectoralpha.in/us/stocks/cstl) CSTL · breaking out · Evidence leans down · 64% evidence 35.7 out of 100 Growth Capital Valuation Relative 29. [Personalis, Inc.](https://www.sectoralpha.in/us/stocks/psnl) PSNL · turning · Most evidence points down · 61% evidence 33.1 out of 100 Growth Capital Valuation Relative 30. [GeneDx Holdings Corp.](https://www.sectoralpha.in/us/stocks/wgs) WGS · quiet · Most evidence points down · 71% evidence 24.8 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Diagnostics & Research](https://www.sectoralpha.in/us/sectors/diagnostics-research), all 30 compared on one page. ## Which companies are close to Adaptive Biotechnologies in size? Adaptive Biotechnologies is the 24th largest of 34 Diagnostics & Research companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: BillionToOne, Inc., CareDx, Inc. and Sotera Health Company. Just below it: Veracyte, Inc., NeoGenomics, Inc. and GeneDx Holdings Corp. ### Diagnostics & Research companies close in size 1. [BillionToOne, Inc.](https://www.sectoralpha.in/us/stocks/blln) $5.2 billion 2. [CareDx, Inc.](https://www.sectoralpha.in/us/stocks/cdna) $4.6 billion 3. [Sotera Health Company](https://www.sectoralpha.in/us/stocks/shc) $4.6 billion 4. Adaptive Biotechnologies Corporation $4.1 billion 5. [Veracyte, Inc.](https://www.sectoralpha.in/us/stocks/vcyt) $4 billion 6. [NeoGenomics, Inc.](https://www.sectoralpha.in/us/stocks/neo) $2.2 billion 7. [GeneDx Holdings Corp.](https://www.sectoralpha.in/us/stocks/wgs) $2 billion [All 34 Diagnostics & Research companies, largest first](https://www.sectoralpha.in/us/sectors/diagnostics-research#all-companies) ### Companies close in size in other industries 1. [Core Scientific, Inc.](https://www.sectoralpha.in/us/stocks/corz) $4 billion · Software - Infrastructure 2. [Turkcell Iletisim Hizmetleri A.S.](https://www.sectoralpha.in/us/stocks/tkc) $4 billion · Telecom Services 3. Adaptive Biotechnologies Corporation $4 billion 4. [Grupo Simec, S.A.B. de C.V.](https://www.sectoralpha.in/us/stocks/sim) $4 billion · Steel 5. [Brady Corporation](https://www.sectoralpha.in/us/stocks/brc) $4 billion · Security & Protection Services ## What else do people ask about Adaptive Biotechnologies? ### What were Adaptive Biotechnologies's latest quarterly results? Adaptive Biotechnologies Corporation reported revenue of $71.6 M and a net loss of $39.8 M for the Jun 2026 quarter. Earnings per share were −$0.25. The operating margin was −22.0%, 20.5 percentage points higher than a year earlier (as of 3 November 2026). ### What is Adaptive Biotechnologies's market cap? Adaptive Biotechnologies Corporation's market capitalisation is $4.1 B at a stock price of $25.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Adaptive Biotechnologies performing? Adaptive Biotechnologies Corporation's share price has been rising for 23 weeks. Over the past 13 weeks it has done better than the S&P 500, for 23 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Adaptive Biotechnologies's stock price go up? This page does not forecast Adaptive Biotechnologies Corporation's stock price. What it shows instead: the stock price is $25.80, and it has been rising for 23 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Adaptive Biotechnologies in its business cycle? Adaptive Biotechnologies Corporation's FY25 operating margin was −20.6%, against a 5-year range of −135.4% to −20.6%: the middle of its own range, neither a peak nor a low. The latest quarter was −22.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Adaptive Biotechnologies story? Biggest thing to watch: the price has already been rising for 23 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Adaptive Biotechnologies a stock worth studying right now? What the numbers show: Adaptive Biotechnologies Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.