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

GOLAR LNG LTD is the larger business by last-quarter revenue ($122.5M vs $70.9M, roughly 1.7× Adaptive Biotechnologies Corp). GOLAR LNG LTD runs the higher net margin — 25.7% vs 4.7%, a 20.9% gap on every dollar of revenue. On growth, GOLAR LNG LTD posted the faster year-over-year revenue change (89.1% vs 35.1%).

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.

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

ADPT vs GLNG — Head-to-Head

Bigger by revenue
GLNG
GLNG
1.7× larger
GLNG
$122.5M
$70.9M
ADPT
Growing faster (revenue YoY)
GLNG
GLNG
+53.9% gap
GLNG
89.1%
35.1%
ADPT
Higher net margin
GLNG
GLNG
20.9% more per $
GLNG
25.7%
4.7%
ADPT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
ADPT
ADPT
GLNG
GLNG
Revenue
$70.9M
$122.5M
Net Profit
$3.4M
$31.5M
Gross Margin
73.6%
Operating Margin
-27.1%
39.4%
Net Margin
4.7%
25.7%
Revenue YoY
35.1%
89.1%
Net Profit YoY
190.5%
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
GLNG
GLNG
Q1 26
$70.9M
Q4 25
$71.7M
Q3 25
$94.0M
$122.5M
Q2 25
$58.9M
Q1 25
$52.4M
Q4 24
$47.5M
Q3 24
$46.4M
$64.8M
Q2 24
$43.2M
Net Profit
ADPT
ADPT
GLNG
GLNG
Q1 26
$3.4M
Q4 25
$-13.6M
Q3 25
$9.5M
$31.5M
Q2 25
$-25.6M
Q1 25
$-29.9M
Q4 24
$-33.7M
Q3 24
$-32.1M
$-34.8M
Q2 24
$-46.2M
Gross Margin
ADPT
ADPT
GLNG
GLNG
Q1 26
73.6%
Q4 25
74.6%
Q3 25
80.7%
Q2 25
69.4%
Q1 25
67.6%
Q4 24
62.0%
Q3 24
64.1%
Q2 24
55.3%
Operating Margin
ADPT
ADPT
GLNG
GLNG
Q1 26
-27.1%
Q4 25
-17.8%
Q3 25
10.9%
39.4%
Q2 25
-42.5%
Q1 25
-56.4%
Q4 24
-71.3%
Q3 24
-70.3%
-43.7%
Q2 24
-109.6%
Net Margin
ADPT
ADPT
GLNG
GLNG
Q1 26
4.7%
Q4 25
-18.9%
Q3 25
10.2%
25.7%
Q2 25
-43.5%
Q1 25
-56.9%
Q4 24
-71.0%
Q3 24
-69.1%
-53.7%
Q2 24
-107.0%
EPS (diluted)
ADPT
ADPT
GLNG
GLNG
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
GLNG
GLNG
Cash + ST InvestmentsLiquidity on hand
$77.6M
$611.2M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.9B
Total Assets
$505.9M
$4.7B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADPT
ADPT
GLNG
GLNG
Q1 26
$77.6M
Q4 25
$70.5M
Q3 25
$55.0M
$611.2M
Q2 25
$43.2M
Q1 25
$50.6M
Q4 24
$47.9M
Q3 24
$38.1M
$732.1M
Q2 24
$59.8M
Total Debt
ADPT
ADPT
GLNG
GLNG
Q1 26
Q4 25
Q3 25
$1.9B
Q2 25
Q1 25
Q4 24
Q3 24
$1.4B
Q2 24
Stockholders' Equity
ADPT
ADPT
GLNG
GLNG
Q1 26
Q4 25
$218.8M
Q3 25
$204.4M
$1.9B
Q2 25
$179.7M
Q1 25
$190.4M
Q4 24
$202.7M
Q3 24
$223.8M
$2.0B
Q2 24
$241.6M
Total Assets
ADPT
ADPT
GLNG
GLNG
Q1 26
$505.9M
Q4 25
$512.7M
Q3 25
$490.6M
$4.7B
Q2 25
$496.6M
Q1 25
$510.9M
Q4 24
$539.4M
Q3 24
$558.5M
$4.3B
Q2 24
$584.9M
Debt / Equity
ADPT
ADPT
GLNG
GLNG
Q1 26
Q4 25
Q3 25
1.01×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24

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
GLNG
GLNG
Operating Cash FlowLast quarter
$149.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADPT
ADPT
GLNG
GLNG
Q1 26
Q4 25
$2.1M
Q3 25
$-7.1M
$149.0M
Q2 25
$-12.4M
Q1 25
$-28.5M
Q4 24
$-12.5M
Q3 24
$-27.1M
$62.6M
Q2 24
$-17.3M
Free Cash Flow
ADPT
ADPT
GLNG
GLNG
Q1 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
GLNG
GLNG
Q1 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
GLNG
GLNG
Q1 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
GLNG
GLNG
Q1 26
Q4 25
Q3 25
-0.75×
4.73×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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