Adaptive Biotechnologies Corp
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
ADPT$30.26+8.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $276,976 | $178,957 | $170,276 |
| Operating expenses | |||
| Cost of revenue | 71,359 | 72,080 | 75,553 |
| Research and development | 93,769 | 102,953 | 122,117 |
| Sales and marketing | 94,571 | 84,759 | 88,579 |
| General and administrative | 72,701 | 72,806 | 83,934 |
| Amortization of intangible assets | 1,699 | 1,703 | 1,699 |
| Impairment of long-lived assets | — | 7,205 | 25,429 |
| Total operating expenses | 334,099 | 341,506 | 397,311 |
| Loss from operations | (57,123) | (162,549) | (227,035) |
| Interest and other income, net | 9,444 | 14,534 | 15,531 |
| Interest expense | (11,778) | (11,580) | (13,800) |
| Net loss | (59,457) | (159,595) | (225,304) |
| Add: Net (income) loss attributable to noncontrolling interest | (42) | 103 | 54 |
| Net loss attributable to Adaptive Biotechnologies Corporation | $(59,499) | $(159,492) | $(225,250) |
| Net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted | $(0.39) | $(1.08) | $(1.56) |
| Weighted-average shares used in computing net loss per share attributable to Adaptive Biotechnologies Corporation common shareholders, basic and diluted | 151,721,939 | 147,101,648 | 144,383,294 |
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