ADPT (Adaptive Biotechnologies) Gross Profit: $232.8 Mil (TTM As of Jun. 2026)

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ADPT Adaptive Biotechnologies Corp ADPT
65 GF Score
Price $26.18
GF Value $11.74
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Adaptive Biotechnologies Gross Profit?

Adaptive Biotechnologies ADPT -0.34% 65 Gross Profit is $232.8 Mil as of Jun. 2026. GuruFocus rates ADPT with a GF Score™ of 65/100 and a GF Value™ of $11.74 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Adaptive Biotechnologies's gross profit for the three months ended in Jun. 2026 was $51.4 Mil. Adaptive Biotechnologies's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $232.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Adaptive Biotechnologies's gross profit for the three months ended in Jun. 2026 was $51.4 Mil. Adaptive Biotechnologies's Revenue for the three months ended in Jun. 2026 was $71.6 Mil. Therefore, Adaptive Biotechnologies's Gross Margin % for the quarter that ended in Jun. 2026 was 71.82%.

Adaptive Biotechnologies had a gross margin of 71.82% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of Adaptive Biotechnologies was 77.10%. The lowest was 55.63%. And the median was 68.06%.

Warning Sign:

Adaptive Biotechnologies Corp gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


Adaptive Biotechnologies  (NAS:ADPT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Adaptive Biotechnologies had a gross margin of 71.82% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Adaptive Biotechnologies Gross Profit Related Terms


Adaptive Biotechnologies Gross Profit Historical Data

* Premium members only.

The historical data trend for Adaptive Biotechnologies's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adaptive Biotechnologies Gross Profit Chart

Adaptive Biotechnologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only 105.04 127.40 94.72 106.88 205.62

Adaptive Biotechnologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.88 75.82 53.46 52.17 51.39

ADPT vs GRAL, VCYT, RDNT: Gross Profit Comparison

For the Diagnostics & Research subindustry, Adaptive Biotechnologies's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adaptive Biotechnologies Gross Profit vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Adaptive Biotechnologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Adaptive Biotechnologies's Gross Profit falls into.


ADPT
65GF Score
Adaptive Biotechnologies Corp ADPT
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Adaptive Biotechnologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Adaptive Biotechnologies's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=276.976 - 71.359
=205.6

Adaptive Biotechnologies's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=71.553 - 20.165
=51.4

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $232.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Adaptive Biotechnologies's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=51.4 / 71.553
=71.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $232.8 Mil mean?
Adaptive Biotechnologies (ADPT) has a Gross Profit of $232.8 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Adaptive Biotechnologies and its competitors.
Is Adaptive Biotechnologies' Gross Profit too high?
Adaptive Biotechnologies' current Gross Profit is $232.8 Mil. Overall, Adaptive Biotechnologies has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adaptive Biotechnologies' Gross Profit compare to GRAL and VCYT?
Adaptive Biotechnologies' Gross Profit of $232.8 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Medical Diagnostics & Research company?
A good Gross Profit depends on the Medical Diagnostics & Research industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Adaptive Biotechnologies and its competitors. Adaptive Biotechnologies's current Gross Profit is $232.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adaptive Biotechnologies stock overvalued right now?
Based on GuruFocus' analysis, Adaptive Biotechnologies (ADPT) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.74, compared to a current price of $26.18 — trading 123% above its estimated fair value. The current Gross Profit is $232.8 Mil. Adaptive Biotechnologies' overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Adaptive Biotechnologies (ADPT), the current Gross Profit is $232.8 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Adaptive Biotechnologies (ADPT) Overvalued in 2026?

Based on GuruFocus' analysis, Adaptive Biotechnologies stock appears to be overvalued. The current stock price of $26.18 is trading 123% above its estimated GF Value™ of $11.74. GuruFocus considers Adaptive Biotechnologies to be Significantly Overvalued.

Key valuation signals for ADPT:

  • Gross Profit: $232.8 Mil
  • GF Value™: $11.74 vs. price of $26.18 (123% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the ADPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adaptive Biotechnologies Business Description

Other Exchanges 1HM:Germany
Address 1165 Eastlake Avenue East, Seattle, WA, USA, 98109
Adaptive Biotechnologies Corp is a company advancing the field of immune-driven medicine by harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Its clinical diagnostic product, clonoSEQ, is a test authorized by the FDA for the detection and monitoring of minimal residual disease (MRD) in patients with multiple myeloma (MM), B cell acute lymphoblastic leukemia (ALL) and chronic lymphocytic leukemia (CLL) and is also available as a CLIA-validated laboratory developed test (LDT) for patients with other lymphoid cancers. The company has two operating segments: Minimal Residual Disease and Immune Medicine. The company generates the majority of its revenue from the Minimal Residual Disease segment.
65GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.18
Price
$11.74
GF Value