10-Q quarterly report · filed Nov 5, 2025

Adaptive Biotechnologies Corp (ADPT) Q3 2025 10-Q Quarterly Report

Short answer

Adaptive Biotechnologies Corp (ADPT) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $94M (up 102.4% year over year) with net income of $10M.

Q3 2025 key financials · XBRL

Revenue
$94M
+102.4% YoY · +59.6% QoQ
Net income
$10M
+129.8% YoY · +137.3% QoQ
Operating margin
10.9%
EPS (diluted)
$0.07
+131.8% YoY · +141.2% QoQ

Source: XBRL data from the Adaptive Biotechnologies Corp (ADPT) Q3 2025 10-Q on SEC EDGAR. USD.

Adaptive Biotechnologies Corp Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • Newly added risk: Termination of Genentech Agreement in Aug 2025, with wind-down completing Feb 2026 may materially impact business and financial condition
  • Most materially updated risk: Loss of exclusive oncology collaboration may reduce Immune Medicine revenue to sequencing service fees only, lowering comparability to prior periods
  • Most impactful legal risk: No new similar collaboration agreements, potential collaborator conflicts or actions risking reputation and operational control
  • Operational risk: Reduced R&D expenses post-termination may lead to decreased innovation and slower business growth
  • Financial risk: Risk of revenue decline in Immune Medicine segment due to narrowing revenue sources after collaboration termination

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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