6 earlier Form 4 trades (code P or S) here by this insider (1 buy, 5 sales), the last on Apr 1, 2026.
The trade is 20.8% of the 12,666,731 shares held after it.
No other insider sold within 30 days.
69 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider RedCo II Master Fund, L.P. sold about $8.6M of ADCT on Apr 2, 2026, the largest insider sale at the company on our record; 69 funds added in the latest 13F quarter.
6 earlier Form 4 trades (code P or S) here by this insider (1 buy, 5 sales), the last on Apr 1, 2026.
The trade is 24.6% of the 10,265,297 shares held after it.
No other insider sold within 30 days.
69 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider RedCo II Master Fund, L.P. sold about $8.3M of ADCT on Apr 2, 2026, the largest insider sale at the company on our record; 69 funds added in the latest 13F quarter.
2 earlier Form 4 trades (code P or S) here by this insider (1 buy, 1 sale), the last on Dec 4, 2024.
The trade is 1.3% of the 15,470,502 shares held after it.
No other insider sold within 30 days.
69 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Insider RedCo II Master Fund, L.P. sold about $735.9K of ADCT on Mar 31, 2026, the largest insider sale at the company on our record; 69 funds added in the latest 13F quarter.
18 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$79.6M
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM ADCT
FY Dec 2025
$81.4M
FY Dec 2024
$70.8M
FY Dec 2023
$69.6M
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
$19.2M
Mar 2026
$20.9M
Dec 2025
$23.1M
Sep 2025
$16.4M
Jun 2025
$18.8M
Mar 2025
$23.0M
Dec 2024
$16.9M
Sep 2024
$18.5M
At each fiscal year end
Single quarter
Net margin, TTM
-121.7%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM ADCT
FY Dec 2025
-175.3%
FY Dec 2024
-222.8%
FY Dec 2023
-345.2%
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-86.1%
Mar 2026
-158.1%
Dec 2025
-27.7%
Sep 2025
-249.4%
Jun 2025
-300.7%
Mar 2025
-167.6%
Dec 2024
-181.4%
Sep 2024
-238.1%
At each fiscal year end
Single quarter
Free cash flow, TTM
-$102.3M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM ADCT
FY Dec 2025
-$141.4M
FY Dec 2024
-$124.7M
FY Dec 2023
-$121.9M
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-$11.8M
Mar 2026
-$29.7M
Dec 2025
-$31.1M
Sep 2025
-$29.6M
Jun 2025
-$24.1M
Mar 2025
-$56.6M
Dec 2024
-$21.9M
Sep 2024
-$25.3M
At each fiscal year end
Single quarter
Debt to equity
n/a
equity is zero or negative, the ratio has no meaning
Debt to equity ADCT
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
-16.55x
TTM operating cash flow over current debt only, 2026-06-30
Cash flow to debt ADCT
FY Dec 2025
-47.06x
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-16.55x
Mar 2026
-24.71x
Dec 2025
-47.06x
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
n/a
average equity is zero or negative
Return on equity ADCT
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
-134.6%
FY Dec 2021
-149.3%
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-32.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets ADCT
FY Dec 2025
-44.2%
FY Dec 2024
-46.6%
FY Dec 2023
-56.8%
FY Dec 2022
-28.3%
FY Dec 2021
-40.7%
Jun 2026
-32.2%
Mar 2026
-48.6%
Dec 2025
-44.2%
Sep 2025
-52.2%
Jun 2025
-49.0%
Mar 2025
-51.6%
Dec 2024
-46.6%
Sep 2024
-52.0%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
pre-tax loss, no effective tax rate to apply
Return on invested capital ADCT
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-44.2%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed ADCT
FY Dec 2025
-49.1%
FY Dec 2024
-49.4%
FY Dec 2023
-47.7%
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-44.2%
Mar 2026
-53.9%
Dec 2025
-49.1%
Sep 2025
-53.4%
Jun 2025
-49.2%
Mar 2025
-54.6%
Dec 2024
-49.4%
Sep 2024
-40.6%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing ADCT
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
-$20.1M
market value at close 2026-10-26 on 2026-08-03 shares, plus current debt only, 2026-06-30, minus cash 2026-06-30
Enterprise value ADCT
FY Dec 2025
$178.9M
FY Dec 2024
-$58.5M
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-$76.8M
Mar 2026
$250.0M
Dec 2025
$178.9M
Sep 2025
$215.3M
Jun 2025
$1.2M
Mar 2025
-$55.0M
Dec 2024
-$58.5M
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-53.1%
TTM free cash flow over market value at close 2026-10-26
FCF yield ADCT
FY Dec 2025
-32.3%
FY Dec 2024
-64.8%
FY Dec 2023
-91.1%
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
-75.2%
Mar 2026
-24.1%
Dec 2025
-32.3%
Sep 2025
-29.4%
Jun 2025
-48.1%
Mar 2025
-97.8%
Dec 2024
-64.8%
Sep 2024
-44.3%
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing ADCT
FY Dec 2025
n/a
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
FY Dec 2021
n/a
Jun 2026
n/a
Mar 2026
n/a
Dec 2025
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
ADCT ranks highest on growth (63rd percentile) and profitability (57th), and lowest on financial health (20th), among Pharma & Biotech peers.
Profitability
57
Inputs
Return on equityaverage equity is zero or negative
Return on assets-32.2% · 59 pct, sector of 691
Return on invested capitalpre-tax loss, no effective tax rate to apply
Return on capital employed-44.2% · 56 pct, sector of 576
Financial health
20
Inputs
Debt to equityequity is zero or negative, the ratio has no meaning
Cash flow to debt-16.55x · 20 pct, sector of 371
Growth
63
Inputs
Revenue growth, YoY+14.9% · 63 pct, sector of 505
Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Institutional and government
56
Inputs
Funds adding, latest quarter69 · 56 pct, sector of 698
Congress net buyers, 365dno Congress trades in 365 days
Federal contracts, 180dno federal contracts in 180 days
Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
42
Inputs
Short interest, % of float+7.8% · 47 pct, sector of 813
Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
New text in Risk Factors, latest 10-K+13.2% · 36 pct, sector of 511
2 not measured: Insider conviction, US patents
Insider conviction needs 1 of 2 inputs, 0 present: no Form 4 purchase or sale (code P or S) in 180 days; no insider trades in 180 days
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
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