Adaptive Biotechnologies Announces Preliminary Fourth Quarter and Full Year 2025 Results

Core Insights - Adaptive Biotechnologies reported a significant revenue growth of 55% for the full year 2025, reaching approximately $277 million, driven by strong adoption of clonoSEQ testing [6] - The company anticipates continued growth in 2026, focusing on maintaining leadership in MRD testing and expanding profitability [2] Financial Performance - Total revenue for Q4 2025 was approximately $72 million, marking a 51% increase compared to Q4 2024 [6] - MRD revenue for Q4 2025 was around $62 million, reflecting a 54% increase year-over-year [6] - For the full year 2025, MRD revenue reached approximately $212 million, a 46% increase compared to 2024 [6] - Excluding regulatory milestone revenue, MRD revenue for the full year 2025 grew by 45% [6] - ClonoSEQ test volume increased by 43% in Q4 2025, totaling approximately 30,000 tests, and ended the year with about 105,600 tests delivered, up 39% from 2024 [6] - As of December 31, 2025, the company had approximately $227 million in cash, cash equivalents, and marketable securities [6] Strategic Outlook - The CEO emphasized the pivotal nature of 2025 for Adaptive, highlighting the acceleration in MRD business and clonoSEQ adoption [2] - The company plans to release complete financial results for Q4 and full year 2025 in February 2026 [2]

Adaptive Biotechnologies Announces Preliminary Fourth Quarter and Full Year 2025 Results - Reportify