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

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $70.9M, roughly 2.0× Adaptive Biotechnologies Corp). Adaptive Biotechnologies Corp runs the higher net margin — 4.7% vs 2.2%, a 2.5% 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.

ADPT vs FLX — Head-to-Head

Bigger by revenue
FLX
FLX
2.0× larger
FLX
$143.2M
$70.9M
ADPT
Higher net margin
ADPT
ADPT
2.5% more per $
ADPT
4.7%
2.2%
FLX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ADPT
ADPT
FLX
FLX
Revenue
$70.9M
$143.2M
Net Profit
$3.4M
$3.2M
Gross Margin
73.6%
10.8%
Operating Margin
-27.1%
Net Margin
4.7%
2.2%
Revenue YoY
35.1%
Net Profit YoY
EPS (diluted)

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
FLX
FLX
Q1 26
$70.9M
$143.2M
Q4 25
$71.7M
Q3 25
$94.0M
$141.2M
Q2 25
$58.9M
$143.0M
Q1 25
$52.4M
$141.0M
Q4 24
$47.5M
Q3 24
$46.4M
$164.6M
Q2 24
$43.2M
Net Profit
ADPT
ADPT
FLX
FLX
Q1 26
$3.4M
$3.2M
Q4 25
$-13.6M
Q3 25
$9.5M
$6.1M
Q2 25
$-25.6M
$7.5M
Q1 25
$-29.9M
$27.6M
Q4 24
$-33.7M
Q3 24
$-32.1M
$3.4M
Q2 24
$-46.2M
Gross Margin
ADPT
ADPT
FLX
FLX
Q1 26
73.6%
10.8%
Q4 25
74.6%
Q3 25
80.7%
11.1%
Q2 25
69.4%
12.0%
Q1 25
67.6%
10.0%
Q4 24
62.0%
Q3 24
64.1%
11.3%
Q2 24
55.3%
Operating Margin
ADPT
ADPT
FLX
FLX
Q1 26
-27.1%
Q4 25
-17.8%
Q3 25
10.9%
1.4%
Q2 25
-42.5%
1.9%
Q1 25
-56.4%
Q4 24
-71.3%
Q3 24
-70.3%
4.0%
Q2 24
-109.6%
Net Margin
ADPT
ADPT
FLX
FLX
Q1 26
4.7%
2.2%
Q4 25
-18.9%
Q3 25
10.2%
4.4%
Q2 25
-43.5%
5.2%
Q1 25
-56.9%
19.6%
Q4 24
-71.0%
Q3 24
-69.1%
2.1%
Q2 24
-107.0%
EPS (diluted)
ADPT
ADPT
FLX
FLX
Q1 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
FLX
FLX
Cash + ST InvestmentsLiquidity on hand
$77.6M
$561.1M
Total DebtLower is stronger
Stockholders' EquityBook value
Total Assets
$505.9M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADPT
ADPT
FLX
FLX
Q1 26
$77.6M
$561.1M
Q4 25
$70.5M
Q3 25
$55.0M
$628.6M
Q2 25
$43.2M
$499.4M
Q1 25
$50.6M
$592.4M
Q4 24
$47.9M
Q3 24
$38.1M
$517.4M
Q2 24
$59.8M
Stockholders' Equity
ADPT
ADPT
FLX
FLX
Q1 26
Q4 25
$218.8M
Q3 25
$204.4M
Q2 25
$179.7M
Q1 25
$190.4M
Q4 24
$202.7M
Q3 24
$223.8M
Q2 24
$241.6M
Total Assets
ADPT
ADPT
FLX
FLX
Q1 26
$505.9M
$1.3B
Q4 25
$512.7M
Q3 25
$490.6M
$1.3B
Q2 25
$496.6M
$1.2B
Q1 25
$510.9M
$1.2B
Q4 24
$539.4M
Q3 24
$558.5M
$926.8M
Q2 24
$584.9M

Financial Flow Comparison

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

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