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Side-by-side financial comparison of Adaptive Biotechnologies Corp (ADPT) and Orion Properties Inc. (ONL). Click either name above to swap in a different company.
Adaptive Biotechnologies Corp is the larger business by last-quarter revenue ($70.9M vs $36.3M, roughly 2.0× Orion Properties Inc.). Adaptive Biotechnologies Corp runs the higher net margin — 4.7% vs -37.4%, a 42.2% gap on every dollar of revenue. On growth, Adaptive Biotechnologies Corp posted the faster year-over-year revenue change (35.1% vs -4.6%). Over the past eight quarters, Adaptive Biotechnologies Corp's revenue compounded faster (28.1% CAGR vs -4.9%).
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 ONL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $70.9M | $36.3M |
| Net Profit | $3.4M | $-13.6M |
| Gross Margin | 73.6% | — |
| Operating Margin | -27.1% | -9.3% |
| Net Margin | 4.7% | -37.4% |
| Revenue YoY | 35.1% | -4.6% |
| Net Profit YoY | — | -45.0% |
| EPS (diluted) | — | $-0.24 |
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.
| Q1 26 | $70.9M | $36.3M | ||
| Q4 25 | $71.7M | $35.2M | ||
| Q3 25 | $94.0M | $37.1M | ||
| Q2 25 | $58.9M | $37.3M | ||
| Q1 25 | $52.4M | $38.0M | ||
| Q4 24 | $47.5M | $38.4M | ||
| Q3 24 | $46.4M | $39.2M | ||
| Q2 24 | $43.2M | $40.1M |
| Q1 26 | $3.4M | $-13.6M | ||
| Q4 25 | $-13.6M | $-35.8M | ||
| Q3 25 | $9.5M | $-69.0M | ||
| Q2 25 | $-25.6M | $-25.1M | ||
| Q1 25 | $-29.9M | $-9.4M | ||
| Q4 24 | $-33.7M | $-32.8M | ||
| Q3 24 | $-32.1M | $-10.2M | ||
| Q2 24 | $-46.2M | $-33.8M |
| 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% | — |
| Q1 26 | -27.1% | -9.3% | ||
| Q4 25 | -17.8% | -101.5% | ||
| Q3 25 | 10.9% | -185.8% | ||
| Q2 25 | -42.5% | -67.1% | ||
| Q1 25 | -56.4% | -24.4% | ||
| Q4 24 | -71.3% | -85.4% | ||
| Q3 24 | -70.3% | -25.9% | ||
| Q2 24 | -109.6% | -84.1% |
| Q1 26 | 4.7% | -37.4% | ||
| Q4 25 | -18.9% | -101.7% | ||
| Q3 25 | 10.2% | -186.0% | ||
| Q2 25 | -43.5% | -67.3% | ||
| Q1 25 | -56.9% | -24.6% | ||
| Q4 24 | -71.0% | -85.4% | ||
| Q3 24 | -69.1% | -26.1% | ||
| Q2 24 | -107.0% | -84.2% |
| Q1 26 | — | $-0.24 | ||
| Q4 25 | $-0.08 | $-0.63 | ||
| Q3 25 | $0.06 | $-1.23 | ||
| Q2 25 | $-0.17 | $-0.45 | ||
| Q1 25 | $-0.20 | $-0.17 | ||
| Q4 24 | $-0.22 | $-0.59 | ||
| Q3 24 | $-0.22 | $-0.18 | ||
| Q2 24 | $-0.31 | $-0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $77.6M | $10.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $608.5M |
| Total Assets | $505.9M | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $77.6M | $10.3M | ||
| Q4 25 | $70.5M | $22.4M | ||
| Q3 25 | $55.0M | $32.6M | ||
| Q2 25 | $43.2M | $17.4M | ||
| Q1 25 | $50.6M | $9.4M | ||
| Q4 24 | $47.9M | $15.6M | ||
| Q3 24 | $38.1M | $16.6M | ||
| Q2 24 | $59.8M | $24.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $465.0M | ||
| Q3 25 | — | $483.0M | ||
| Q2 25 | — | $483.0M | ||
| Q1 25 | — | $505.0M | ||
| Q4 24 | — | $492.0M | ||
| Q3 24 | — | $485.0M | ||
| Q2 24 | — | $462.0M |
| Q1 26 | — | $608.5M | ||
| Q4 25 | $218.8M | $623.2M | ||
| Q3 25 | $204.4M | $658.8M | ||
| Q2 25 | $179.7M | $728.0M | ||
| Q1 25 | $190.4M | $753.5M | ||
| Q4 24 | $202.7M | $763.9M | ||
| Q3 24 | $223.8M | $800.9M | ||
| Q2 24 | $241.6M | $816.1M |
| Q1 26 | $505.9M | $1.2B | ||
| Q4 25 | $512.7M | $1.2B | ||
| Q3 25 | $490.6M | $1.2B | ||
| Q2 25 | $496.6M | $1.3B | ||
| Q1 25 | $510.9M | $1.3B | ||
| Q4 24 | $539.4M | $1.3B | ||
| Q3 24 | $558.5M | $1.4B | ||
| Q2 24 | $584.9M | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.73× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.67× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADPT
Segment breakdown not available.
ONL
| Rental | $36.1M | 100% |
| Fee income from unconsolidated joint venture | $137.0K | 0% |
