← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Adaptive grew revenue 55%, lifted gross margin, and cut burn, but insider selling was heavy.
The read at a glance✓ Audited against SEC data
- Business mix — MRD and immune medicine platformNote
- Revenue — Revenue +54.8% to $277.0MOK
- Profitability — Net loss improved to $59.5MOK
- Cash burn — Free cash flow improved to -$48.9MOK
- Balance sheet — Equity +7.9% to $218.8MOK
- Insiders — 0 buys / 82 sellsWatch
- Accounting — Altman-Z distress; EQ safeWatch
Business
Adaptive Biotechnologies applies immune-system sequencing and computational biology to minimal residual disease testing and immune medicine.
Where the revenue comes from
Fiscal 2025, as Adaptive Biotechnologies Corp reports it. History and quarterly detail are in the app.
- Mrd Business$212.3M
- Immune Medicine Business$64.6M
Leadership changes
From Adaptive Biotechnologies Corp's own filings, the day they're filed.
- Kyle Piskel · Chief Financial Officer · appointmenteff. 2024-04-08
- Tycho Peterson · Chief Financial Officer · departureeff. 2024-04-01
- Kevin Conroy · Directors · departureeff. 2023-09-01
Latest filings
- 10-Q · Quarterly report2026-08-04
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-06-22
- 8-K · Company announcement2026-06-15
- 8-K · Company announcement2026-06-09
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Adaptive Biotechnologies Corp, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.