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

Triumph Financial, Inc. is the larger business by last-quarter revenue ($120.1M vs $70.9M, roughly 1.7× Adaptive Biotechnologies Corp). On growth, Adaptive Biotechnologies Corp posted the faster year-over-year revenue change (35.1% vs 16.0%). Over the past eight quarters, Adaptive Biotechnologies Corp's revenue compounded faster (28.1% CAGR vs 9.0%).

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.

The Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

ADPT vs TFIN — Head-to-Head

Bigger by revenue
TFIN
TFIN
1.7× larger
TFIN
$120.1M
$70.9M
ADPT
Growing faster (revenue YoY)
ADPT
ADPT
+19.2% gap
ADPT
35.1%
16.0%
TFIN
Faster 2-yr revenue CAGR
ADPT
ADPT
Annualised
ADPT
28.1%
9.0%
TFIN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ADPT
ADPT
TFIN
TFIN
Revenue
$70.9M
$120.1M
Net Profit
$3.4M
Gross Margin
73.6%
Operating Margin
-27.1%
Net Margin
4.7%
Revenue YoY
35.1%
16.0%
Net Profit YoY
400.6%
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
TFIN
TFIN
Q1 26
$70.9M
Q4 25
$71.7M
$120.1M
Q3 25
$94.0M
$109.3M
Q2 25
$58.9M
$108.1M
Q1 25
$52.4M
$101.6M
Q4 24
$47.5M
$103.6M
Q3 24
$46.4M
$106.2M
Q2 24
$43.2M
$105.1M
Net Profit
ADPT
ADPT
TFIN
TFIN
Q1 26
$3.4M
Q4 25
$-13.6M
Q3 25
$9.5M
$1.7M
Q2 25
$-25.6M
$4.4M
Q1 25
$-29.9M
$17.0K
Q4 24
$-33.7M
$3.8M
Q3 24
$-32.1M
$5.3M
Q2 24
$-46.2M
$2.7M
Gross Margin
ADPT
ADPT
TFIN
TFIN
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
TFIN
TFIN
Q1 26
-27.1%
Q4 25
-17.8%
Q3 25
10.9%
1.2%
Q2 25
-42.5%
7.3%
Q1 25
-56.4%
0.1%
Q4 24
-71.3%
5.6%
Q3 24
-70.3%
5.9%
Q2 24
-109.6%
3.4%
Net Margin
ADPT
ADPT
TFIN
TFIN
Q1 26
4.7%
Q4 25
-18.9%
Q3 25
10.2%
1.6%
Q2 25
-43.5%
4.1%
Q1 25
-56.9%
0.0%
Q4 24
-71.0%
3.7%
Q3 24
-69.1%
5.0%
Q2 24
-107.0%
2.6%
EPS (diluted)
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
$-0.08
Q3 25
$0.06
$0.04
Q2 25
$-0.17
$0.15
Q1 25
$-0.20
$-0.03
Q4 24
$-0.22
$0.13
Q3 24
$-0.22
$0.19
Q2 24
$-0.31
$0.08

Balance Sheet & Financial Strength

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

Metric
ADPT
ADPT
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$77.6M
$248.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$941.8M
Total Assets
$505.9M
$6.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADPT
ADPT
TFIN
TFIN
Q1 26
$77.6M
Q4 25
$70.5M
$248.5M
Q3 25
$55.0M
$147.2M
Q2 25
$43.2M
$282.3M
Q1 25
$50.6M
$502.9M
Q4 24
$47.9M
$330.1M
Q3 24
$38.1M
$489.3M
Q2 24
$59.8M
$500.7M
Stockholders' Equity
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
$218.8M
$941.8M
Q3 25
$204.4M
$919.3M
Q2 25
$179.7M
$912.4M
Q1 25
$190.4M
$893.9M
Q4 24
$202.7M
$890.9M
Q3 24
$223.8M
$885.8M
Q2 24
$241.6M
$874.2M
Total Assets
ADPT
ADPT
TFIN
TFIN
Q1 26
$505.9M
Q4 25
$512.7M
$6.4B
Q3 25
$490.6M
$6.4B
Q2 25
$496.6M
$6.5B
Q1 25
$510.9M
$6.3B
Q4 24
$539.4M
$5.9B
Q3 24
$558.5M
$5.9B
Q2 24
$584.9M
$5.8B

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
TFIN
TFIN
Operating Cash FlowLast quarter
$67.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
$2.1M
$67.1M
Q3 25
$-7.1M
$24.4M
Q2 25
$-12.4M
$9.8M
Q1 25
$-28.5M
$-3.6M
Q4 24
$-12.5M
$58.5M
Q3 24
$-27.1M
$26.6M
Q2 24
$-17.3M
$21.9M
Free Cash Flow
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
$1.4M
Q3 25
$-7.5M
$22.4M
Q2 25
$-13.1M
$6.8M
Q1 25
$-29.7M
$-7.9M
Q4 24
$-12.6M
Q3 24
$-27.4M
$25.8M
Q2 24
$-19.0M
$-31.9M
FCF Margin
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
2.0%
Q3 25
-8.0%
20.5%
Q2 25
-22.2%
6.2%
Q1 25
-56.7%
-7.7%
Q4 24
-26.5%
Q3 24
-59.0%
24.3%
Q2 24
-44.1%
-30.3%
Capex Intensity
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
0.9%
Q3 25
0.4%
1.8%
Q2 25
1.1%
2.8%
Q1 25
2.4%
4.2%
Q4 24
0.2%
Q3 24
0.7%
0.8%
Q2 24
4.0%
51.1%
Cash Conversion
ADPT
ADPT
TFIN
TFIN
Q1 26
Q4 25
Q3 25
-0.75×
14.29×
Q2 25
2.22×
Q1 25
-212.82×
Q4 24
15.25×
Q3 24
4.97×
Q2 24
7.95×

Financial Flow Comparison

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

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