ADC Therapeutics S.A. (ADCT) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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ADCT Revenue Growth
Revenue Breakdown (FY 2025)
ADCT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
ADCT Revenue Analysis (2017–2025)
As of May 8, 2026, ADC Therapeutics S.A. (ADCT) generated trailing twelve-month (TTM) revenue of $79.2 million, reflecting moderate decline in growth of -9.5% year-over-year. The most recent quarter (Q1 2026) recorded $20.9 million in revenue, down 9.6% sequentially.
Looking at the longer-term picture, ADCT's historical revenue data shows a 3-year CAGR of -27.1%. The company achieved its highest annual revenue of $209.9 million in 2022.
Revenue diversification analysis shows ADCT's business is primarily driven by Product (90%), License Revenues (6%), and Royalty Revenue (3%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including RCUS (+67.4% YoY), MGNX (+0.8% YoY), and ABBV (+8.6% YoY), ADCT has underperformed the peer group in terms of revenue growth. Compare ADCT vs RCUS →
ADCT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $79M | -9.5% | - | -133.2% | ||
| $247M | +67.4% | +25.9% | -156.3% | ||
| $150M | +0.8% | +8.9% | -48.7% | ||
| $61.2B | +8.6% | +6.0% | 32.8% | ||
| $62.6B | +1.4% | +8.5% | 24.7% | ||
| $70M | +16.7% | - | -18.3% |
ADCT Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $81.4M | +14.9% | $73.7M | 90.6% | $-108,379,000 | -133.2% |
| 2024 | $70.8M | +1.8% | $64.9M | 91.6% | $-130,654,000 | -184.4% |
| 2023 | $69.6M | -66.9% | $67.0M | 96.4% | $-165,986,000 | -238.6% |
| 2022 | $209.9M | +518.9% | $206.6M | 98.4% | $-123,344,000 | -58.8% |
| 2021 | $33.9M | - | $32.5M | 95.9% | $-261,720,000 | -771.6% |
| 2020 | $0 | -100.0% | $-141,816,000 | - | $-219,263,000 | - |
| 2019 | $2.3M | +105.3% | $2.3M | 100.0% | $-119,399,000 | -5102.5% |
| 2018 | $1.1M | -36.8% | $-116,946,000 | -10258.4% | $-125,941,000 | -11047.5% |
| 2017 | $1.8M | - | $-83,727,000 | -4643.8% | $-91,670,000 | -5084.3% |
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Start ComparisonADCT — Frequently Asked Questions
Quick answers to the most common questions about buying ADCT stock.
Is ADCT's revenue growth accelerating or slowing?
ADCT revenue declined -9.5% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $79M. This reverses the prior growth trend.
What is ADCT's long-term revenue growth rate?
ADC Therapeutics S.A.'s 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -9.5% is below this long-term average.
How is ADCT's revenue distributed by segment?
ADCT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.