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

Adaptive Biotechnologies Corp is the larger business by last-quarter revenue ($70.9M vs $62.1M, roughly 1.1× Elme Communities). Adaptive Biotechnologies Corp runs the higher net margin — 4.7% vs -198.9%, a 203.6% gap on every dollar of revenue. On growth, Adaptive Biotechnologies Corp posted the faster year-over-year revenue change (35.1% vs 1.7%). Over the past eight quarters, Adaptive Biotechnologies Corp's revenue compounded faster (28.1% CAGR vs 2.7%).

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.

Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.

ADPT vs ELME — Head-to-Head

Bigger by revenue
ADPT
ADPT
1.1× larger
ADPT
$70.9M
$62.1M
ELME
Growing faster (revenue YoY)
ADPT
ADPT
+33.4% gap
ADPT
35.1%
1.7%
ELME
Higher net margin
ADPT
ADPT
203.6% more per $
ADPT
4.7%
-198.9%
ELME
Faster 2-yr revenue CAGR
ADPT
ADPT
Annualised
ADPT
28.1%
2.7%
ELME

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ADPT
ADPT
ELME
ELME
Revenue
$70.9M
$62.1M
Net Profit
$3.4M
$-123.5M
Gross Margin
73.6%
61.1%
Operating Margin
-27.1%
-183.3%
Net Margin
4.7%
-198.9%
Revenue YoY
35.1%
1.7%
Net Profit YoY
-4058.7%
EPS (diluted)
$-1.40

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
ELME
ELME
Q1 26
$70.9M
Q4 25
$71.7M
Q3 25
$94.0M
$62.1M
Q2 25
$58.9M
$62.1M
Q1 25
$52.4M
$61.5M
Q4 24
$47.5M
$61.3M
Q3 24
$46.4M
$61.1M
Q2 24
$43.2M
$60.1M
Net Profit
ADPT
ADPT
ELME
ELME
Q1 26
$3.4M
Q4 25
$-13.6M
Q3 25
$9.5M
$-123.5M
Q2 25
$-25.6M
$-3.6M
Q1 25
$-29.9M
$-4.7M
Q4 24
$-33.7M
$-3.0M
Q3 24
$-32.1M
$-3.0M
Q2 24
$-46.2M
$-3.5M
Gross Margin
ADPT
ADPT
ELME
ELME
Q1 26
73.6%
Q4 25
74.6%
Q3 25
80.7%
61.1%
Q2 25
69.4%
63.5%
Q1 25
67.6%
64.2%
Q4 24
62.0%
62.9%
Q3 24
64.1%
63.5%
Q2 24
55.3%
63.4%
Operating Margin
ADPT
ADPT
ELME
ELME
Q1 26
-27.1%
Q4 25
-17.8%
Q3 25
10.9%
-183.3%
Q2 25
-42.5%
9.6%
Q1 25
-56.4%
7.8%
Q4 24
-71.3%
10.4%
Q3 24
-70.3%
11.0%
Q2 24
-109.6%
9.8%
Net Margin
ADPT
ADPT
ELME
ELME
Q1 26
4.7%
Q4 25
-18.9%
Q3 25
10.2%
-198.9%
Q2 25
-43.5%
-5.7%
Q1 25
-56.9%
-7.6%
Q4 24
-71.0%
-4.9%
Q3 24
-69.1%
-4.9%
Q2 24
-107.0%
-5.8%
EPS (diluted)
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
$-0.08
Q3 25
$0.06
$-1.40
Q2 25
$-0.17
$-0.04
Q1 25
$-0.20
$-0.05
Q4 24
$-0.22
$-0.04
Q3 24
$-0.22
$-0.03
Q2 24
$-0.31
$-0.04

Balance Sheet & Financial Strength

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

Metric
ADPT
ADPT
ELME
ELME
Cash + ST InvestmentsLiquidity on hand
$77.6M
$7.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$908.9M
Total Assets
$505.9M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADPT
ADPT
ELME
ELME
Q1 26
$77.6M
Q4 25
$70.5M
Q3 25
$55.0M
$7.1M
Q2 25
$43.2M
$4.8M
Q1 25
$50.6M
$6.4M
Q4 24
$47.9M
$6.1M
Q3 24
$38.1M
$4.8M
Q2 24
$59.8M
$5.6M
Stockholders' Equity
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
$218.8M
Q3 25
$204.4M
$908.9M
Q2 25
$179.7M
$1.0B
Q1 25
$190.4M
$1.1B
Q4 24
$202.7M
$1.1B
Q3 24
$223.8M
$1.1B
Q2 24
$241.6M
$1.1B
Total Assets
ADPT
ADPT
ELME
ELME
Q1 26
$505.9M
Q4 25
$512.7M
Q3 25
$490.6M
$1.7B
Q2 25
$496.6M
$1.8B
Q1 25
$510.9M
$1.8B
Q4 24
$539.4M
$1.8B
Q3 24
$558.5M
$1.9B
Q2 24
$584.9M
$1.9B

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
ELME
ELME
Operating Cash FlowLast quarter
$15.9M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
11.6%
Capex IntensityCapex / Revenue
14.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$86.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
$2.1M
Q3 25
$-7.1M
$15.9M
Q2 25
$-12.4M
$29.8M
Q1 25
$-28.5M
$16.2M
Q4 24
$-12.5M
$95.2M
Q3 24
$-27.1M
$20.7M
Q2 24
$-17.3M
$28.9M
Free Cash Flow
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
$1.4M
Q3 25
$-7.5M
$7.2M
Q2 25
$-13.1M
$21.1M
Q1 25
$-29.7M
$10.5M
Q4 24
$-12.6M
$47.9M
Q3 24
$-27.4M
$8.8M
Q2 24
$-19.0M
$21.0M
FCF Margin
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
2.0%
Q3 25
-8.0%
11.6%
Q2 25
-22.2%
34.1%
Q1 25
-56.7%
17.1%
Q4 24
-26.5%
78.1%
Q3 24
-59.0%
14.4%
Q2 24
-44.1%
34.9%
Capex Intensity
ADPT
ADPT
ELME
ELME
Q1 26
Q4 25
0.9%
Q3 25
0.4%
14.0%
Q2 25
1.1%
14.0%
Q1 25
2.4%
9.2%
Q4 24
0.2%
77.4%
Q3 24
0.7%
19.4%
Q2 24
4.0%
13.1%
Cash Conversion
ADPT
ADPT
ELME
ELME
Q1 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

Segment breakdown not available.

ELME
ELME

Residential Segment$57.7M93%
Other$4.4M7%

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