NASDAQ$ADPT

Adaptive Biotechnologies Corporation · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Adaptive Biotechnologies reported Q3 2025, revenue of $94M, net income of $9.5M, diluted EPS of $0.06.

For Q3 2025, Adaptive Biotechnologies reported revenue of $94M, net income of $9.5M, diluted EPS was $0.06. Management discusses operations, liquidity, and outlook in the quarterly filing.

  • Revenue $94M.
  • Net income $9.5M.
  • Diluted EPS $0.06.

Headline financials

Total Revenue

$94M

Previous: $46.4M+102.4%
EPS (adj)

$0.06

Previous: -$0.22+127.3%
Capital Expenditures

-$2.32M

Previous: -$3.58M+35.2%
Free Cash Flow

$7.22M

Previous: -$35.7M+120.3%
Net Income

$9.55M

Previous: -$32.1M+129.8%
Operating Income

$10.3M

Previous: -$32.6M+131.5%
Gross Profit

$75.8M

Previous: $29.8M+154.7%

Revenue & EPS history

Adaptive Biotechnologies · Revenue · Quarterly

$94M

Q3 2025+102.4%vs Q3 2024
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Adaptive Biotechnologies · $38M total across 2 segments · Q3 2023

  • MRD Business
    $24.7M+23.5%
  • Immune Medicine Business
    $13.3M-52.3%

Forward guidance

The filing discusses Adaptive Biotechnologies's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.

Tailwinds

  • Adaptive Biotechnologies cites operational priorities and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.3%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-0.9%

Avg return

30 days after

48%

13 / 27 earnings

Positive

+33.2%

Q1 2025

Best reaction

-22.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.2%-1.9%+22.6%
Q4 2025-4.3%-5.2%-9.8%
Q3 2025-4.8%-6.8%-5.2%
Q1 2025+33.2%+19.7%+29.3%
Q4 2024-3.2%+6.8%-6.7%
Q3 2024+1.2%+3.1%+9.0%
Q2 2024-5.5%+1.3%+3.3%
Q1 2024-1.2%+8.7%+21.1%
Q4 2023+9.4%+6.4%-10.5%
Q3 2023-22.2%-9.3%+4.4%
Q2 2023-15.5%-18.8%-17.5%
Q1 2023-8.3%-5.8%+6.4%
Q4 2022+15.4%+9.3%-3.3%
Q3 2022+13.2%-0.9%+14.1%
Q2 2022+19.3%+22.8%-8.4%
Q1 2022-1.1%-19.2%-22.5%
Q4 2021+5.3%-8.0%-15.3%
Q3 2021+6.7%+5.7%-26.6%
Q2 2021+4.8%-2.4%+9.8%
Q1 2021+0.9%-11.2%-1.0%
Q4 2020-2.6%+2.0%-32.8%
Q3 2020+8.0%+2.1%+14.9%
Q2 2020-3.8%+2.8%+0.2%
Q1 2020-6.7%-0.2%+9.9%
Q4 2019-5.6%-10.7%-15.4%
Q3 2019-3.7%+0.7%+11.8%
Q2 2019+3.5%+9.7%-5.4%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014

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