Adaptive Biotechnologies (ADPT) revenue breakdown

Healthcare · Diagnostics & Research · Market cap $4.1B

By segment, MRD is the largest at 77% of fiscal 2025 revenue, growing 35% a year over 3 years.

By product, Sequencing Revenue is the largest at 51% of fiscal 2021 revenue; Development Revenue grew fastest, 48% a year over 4 years.

Revenue by segment

Fiscal years, as Adaptive Biotechnologies reports them in its 10-K filings; fiscal 2025 total $277M.

Segments2022202320242025Share
MRD$87M$103M$146M$212M 77%
IM$98M$68M$33M$65M 23%

Revenue by product

Fiscal years, as Adaptive Biotechnologies reports them in its 10-K filings; fiscal 2021 total $154M.

Products20172018201920202021Share
Sequencing Revenue$23M$33M$44M$41M$79M 51%
Development Revenue$16M$23M$42M$57M$75M 49%
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Questions

Where does Adaptive Biotechnologies make its money?

In fiscal 2025, by segment: MRD $212M, IM $65M.

From Adaptive Biotechnologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.