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Side-by-side financial comparison of Adaptive Biotechnologies Corp (ADPT) and CLPS Inc (CLPS). Click either name above to swap in a different company.

CLPS Inc is the larger business by last-quarter revenue ($82.8M vs $71.7M, roughly 1.2× Adaptive Biotechnologies Corp). CLPS Inc runs the higher net margin — 0.2% vs -18.9%, a 19.2% gap on every dollar of revenue.

ExpreS2ion Biotechnologies is a Danish biotechnology company specialised in the development of new vaccines and immunotherapy products based in Hørsholm, Denmark and listed on the Nasdaq First North Growth Market Sweden.

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

ADPT vs CLPS — Head-to-Head

Bigger by revenue
CLPS
CLPS
1.2× larger
CLPS
$82.8M
$71.7M
ADPT
Higher net margin
CLPS
CLPS
19.2% more per $
CLPS
0.2%
-18.9%
ADPT

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
ADPT
ADPT
CLPS
CLPS
Revenue
$71.7M
$82.8M
Net Profit
$-13.6M
$183.0K
Gross Margin
74.6%
23.1%
Operating Margin
-17.8%
0.2%
Net Margin
-18.9%
0.2%
Revenue YoY
51.0%
Net Profit YoY
59.7%
EPS (diluted)
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADPT
ADPT
CLPS
CLPS
Q2 26
$82.8M
Q4 25
$71.7M
Q3 25
$94.0M
Q2 25
$58.9M
Q1 25
$52.4M
Q4 24
$47.5M
$71.8M
Q3 24
$46.4M
Q2 24
$43.2M
Net Profit
ADPT
ADPT
CLPS
CLPS
Q2 26
$183.0K
Q4 25
$-13.6M
Q3 25
$9.5M
Q2 25
$-25.6M
Q1 25
$-29.9M
Q4 24
$-33.7M
$-993.5K
Q3 24
$-32.1M
Q2 24
$-46.2M
Gross Margin
ADPT
ADPT
CLPS
CLPS
Q2 26
23.1%
Q4 25
74.6%
Q3 25
80.7%
Q2 25
69.4%
Q1 25
67.6%
Q4 24
62.0%
21.9%
Q3 24
64.1%
Q2 24
55.3%
Operating Margin
ADPT
ADPT
CLPS
CLPS
Q2 26
0.2%
Q4 25
-17.8%
Q3 25
10.9%
Q2 25
-42.5%
Q1 25
-56.4%
Q4 24
-71.3%
-1.3%
Q3 24
-70.3%
Q2 24
-109.6%
Net Margin
ADPT
ADPT
CLPS
CLPS
Q2 26
0.2%
Q4 25
-18.9%
Q3 25
10.2%
Q2 25
-43.5%
Q1 25
-56.9%
Q4 24
-71.0%
-1.4%
Q3 24
-69.1%
Q2 24
-107.0%
EPS (diluted)
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
$-0.08
Q3 25
$0.06
Q2 25
$-0.17
Q1 25
$-0.20
Q4 24
$-0.22
Q3 24
$-0.22
Q2 24
$-0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADPT
ADPT
CLPS
CLPS
Cash + ST InvestmentsLiquidity on hand
$70.5M
$29.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$218.8M
$57.6M
Total Assets
$512.7M
$118.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADPT
ADPT
CLPS
CLPS
Q2 26
$29.1M
Q4 25
$70.5M
Q3 25
$55.0M
Q2 25
$43.2M
Q1 25
$50.6M
Q4 24
$47.9M
$31.2M
Q3 24
$38.1M
Q2 24
$59.8M
Stockholders' Equity
ADPT
ADPT
CLPS
CLPS
Q2 26
$57.6M
Q4 25
$218.8M
Q3 25
$204.4M
Q2 25
$179.7M
Q1 25
$190.4M
Q4 24
$202.7M
$63.9M
Q3 24
$223.8M
Q2 24
$241.6M
Total Assets
ADPT
ADPT
CLPS
CLPS
Q2 26
$118.1M
Q4 25
$512.7M
Q3 25
$490.6M
Q2 25
$496.6M
Q1 25
$510.9M
Q4 24
$539.4M
$110.0M
Q3 24
$558.5M
Q2 24
$584.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADPT
ADPT
CLPS
CLPS
Operating Cash FlowLast quarter
$2.1M
Free Cash FlowOCF − Capex
$1.4M
FCF MarginFCF / Revenue
2.0%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-48.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
$2.1M
Q3 25
$-7.1M
Q2 25
$-12.4M
Q1 25
$-28.5M
Q4 24
$-12.5M
Q3 24
$-27.1M
Q2 24
$-17.3M
Free Cash Flow
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
$1.4M
Q3 25
$-7.5M
Q2 25
$-13.1M
Q1 25
$-29.7M
Q4 24
$-12.6M
Q3 24
$-27.4M
Q2 24
$-19.0M
FCF Margin
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
2.0%
Q3 25
-8.0%
Q2 25
-22.2%
Q1 25
-56.7%
Q4 24
-26.5%
Q3 24
-59.0%
Q2 24
-44.1%
Capex Intensity
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
0.9%
Q3 25
0.4%
Q2 25
1.1%
Q1 25
2.4%
Q4 24
0.2%
Q3 24
0.7%
Q2 24
4.0%
Cash Conversion
ADPT
ADPT
CLPS
CLPS
Q2 26
Q4 25
Q3 25
-0.75×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADPT
ADPT

Mrd Business Segment$61.9M86%
Immune Medicine Business$9.8M14%
Immune Medicine Service Revenue$100.0K0%

CLPS
CLPS

Segment breakdown not available.

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