ADC Therapeutics S.A. logo

ADC Therapeutics S.A.

ADCT

NYSEHealthcareBiotechnology

Previous close

$0.9966

+$0.0365 · +3.80%

Aug 21, 4:00 PM ET

ADCT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

75

Undervalued

Momentum

19

Strong Down

Sentiment

67

Bullish

Risk resilience

24

High Risk

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Company profile

Company website

ADC Therapeutics S.A. operates as a commercial-stage biotechnology company, focused on developing antibody-drug conjugates (ADCs) for the treatment of hematological malignancies and solid tumors. Its flagship product, ZYNLONTA, is presently being evaluated in multiple clinical trials: a Phase II study for relapsed or refractory diffuse large B-cell lymphoma (DLBCL) and follicular lymphoma; a Phase III trial assessing its combination with rituximab for second-line, transplant-ineligible patients with relapsed or refractory DLBCL; and a Phase I trial for relapsed or refractory non-Hodgkin lymphoma (NHL). The company's pipeline also includes camidanlumab tesirine, another ADC, which has completed Phase I development for relapsed or refractory NHL. It is additionally progressing through Phase II for relapsed or refractory Hodgkin lymphoma and Phase Ib for selected advanced solid tumors. Furthermore, ADC Therapeutics is advancing ADCT-602, currently in Phase Ia for acute lymphoblastic leukemia, alongside ADCT-601 and ADCT-901, both of which are in Phase Ia for various solid tumors. Its preclinical portfolio features ADCT-701 and ADCT-901, both aimed at solid tumors. The company maintains strategic collaboration and license agreements with entities such as Genmab A/S, Bergenbio AS, Synaffix B.V., Mitsubishi Tanabe Pharma Corporation, Overland Pharmaceuticals, and MedImmune Limited. Founded in 2011, ADC Therapeutics S.A. has its headquarters located in Epalinges, Switzerland.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CH
CEO
Ameet Mallik
Listed since
May 18, 2020
Employees
191

Market position

Day range

Current $0.9966

52-week range

Current $0.9966

Open
$0.9797
Previous close
$0.9601
Volume
938.3K
0.55× average
Average volume
1.7M
Average daily volume
Market cap
126.76M USD
Beta
1.84
Market reference 1
50-day average
$1.1389
-12.49% below average
200-day average
$3.1068
-67.92% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
626.22M USD
P/E (TTM)
-1.5×
P/B (TTM)
-0.68×
P/S (TTM)
1.61×
EV / EBITDA
-7.01×
Earnings yield
-31.80%
Free cash flow yield
-31.53%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
88.75%
Operating margin
-125.83%
Net margin
-123.03%
Return on equity
76.75%
Return on assets
-44.14%
Return on invested capital
-42.29%

Financial health

Debt / equity
-1.83×
Current ratio
4.37×
Altman Z-score
-8.3
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends185%-163%-511%-859%Gross margin, FY2021: 95.89%Gross margin, FY2022: 98.43%Gross margin, FY2023: 96.36%Gross margin, FY2024: 91.60%Gross margin, FY2025: 90.57%Operating margin, FY2021: -771.65%Operating margin, FY2022: -58.76%Operating margin, FY2023: -238.63%Operating margin, FY2024: -184.44%Operating margin, FY2025: -133.21%Net margin, FY2021: -678.20%Net margin, FY2022: -74.86%Net margin, FY2023: -345.11%Net margin, FY2024: -222.83%Net margin, FY2025: -175.31%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 95.89%. Gross margin FY2022 98.43%. Gross margin FY2023 96.36%. Gross margin FY2024 91.60%. Gross margin FY2025 90.57%. Operating margin FY2021 -771.65%. Operating margin FY2022 -58.76%. Operating margin FY2023 -238.63%. Operating margin FY2024 -184.44%. Operating margin FY2025 -133.21%. Net margin FY2021 -678.20%. Net margin FY2022 -74.86%. Net margin FY2023 -345.11%. Net margin FY2024 -222.83%. Net margin FY2025 -175.31%.

Income trends

Revenue

81.36M USD+14.85%

Operating income

−108.38M USD+17.05%

Net income

−142.62M USD+9.64%
Income trends across reported periods257.07M USD68.42M USD−120.23M USD−308.88M USDRevenue, FY2021: 33.92M USDRevenue, FY2022: 209.91M USDRevenue, FY2023: 69.56M USDRevenue, FY2024: 70.84M USDRevenue, FY2025: 81.36M USDOperating income, FY2021: −261.72M USDOperating income, FY2022: −123.34M USDOperating income, FY2023: −165.99M USDOperating income, FY2024: −130.65M USDOperating income, FY2025: −108.38M USDNet income, FY2021: −230.03M USDNet income, FY2022: −157.13M USDNet income, FY2023: −240.05M USDNet income, FY2024: −157.85M USDNet income, FY2025: −142.62M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 33.92M USD. Revenue FY2022 209.91M USD. Revenue FY2023 69.56M USD. Revenue FY2024 70.84M USD. Revenue FY2025 81.36M USD. Operating income FY2021 −261.72M USD. Operating income FY2022 −123.34M USD. Operating income FY2023 −165.99M USD. Operating income FY2024 −130.65M USD. Operating income FY2025 −108.38M USD. Net income FY2021 −230.03M USD. Net income FY2022 −157.13M USD. Net income FY2023 −240.05M USD. Net income FY2024 −157.85M USD. Net income FY2025 −142.62M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue81.36M USD70.84M USD69.56M USD209.91M USD33.92M USD
Cost of goods sold7.67M USD5.95M USD2.53M USD3.3M USD1.39M USD
Gross profit73.68M USD64.89M USD67.03M USD206.61M USD32.52M USD
Research and development104.01M USD109.63M USD127.13M USD186.46M USD158M USD
Selling, general, and administrative−6.82M USD85.91M USD105.89M USD143.49M USD136.24M USD
Operating expenses182.06M USD195.54M USD233.02M USD329.95M USD294.24M USD
Interest income8.81M USD12.27M USD10.54M USD2.57M USD66K USD
Interest expense51.63M USD50.21M USD46.33M USD36.73M USD18.34M USD
Depreciation and amortization1.88M USD3.28M USD3.27M USD2.39M USD2.63M USD
Operating income−108.38M USD−130.65M USD−165.99M USD−123.34M USD−261.72M USD
Net income−142.62M USD−157.85M USD−240.05M USD−157.13M USD−230.03M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+1.72%
11 comparable reports
Latest EPS result
-0.11
Estimate -0.22 · Beat by 49.07%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.03-0.2-0.37-0.54Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual -0.29, estimate -0.38, surprise +23.68%, Beat. Q2 2025, reported May 14, 2025: actual -0.36, estimate -0.38, surprise +5.26%, Beat. Q3 2025, reported Aug 12, 2025: actual -0.5, estimate -0.36, surprise -38.89%, Miss. Q4 2025, reported Nov 10, 2025: actual -0.3, estimate -0.4, surprise +25.00%, Beat. Q1 2026, reported Mar 10, 2026: actual -0.04, estimate -0.32, surprise +87.50%, Beat. Q2 2026, reported May 4, 2026: actual -0.21, estimate -0.19, surprise -10.53%, Miss. Q3 2026, reported Aug 13, 2026: actual -0.11, estimate -0.216, surprise +49.07%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate -0.21, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates23.98M21.16M18.33M15.5MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual 16.91M USD, estimate 19.01M USD, surprise -11.03%, Miss. Q2 2025, reported May 14, 2025: actual 23.03M USD, estimate 17.71M USD, surprise +30.06%, Beat. Q3 2025, reported Aug 12, 2025: actual 18.84M USD, estimate 17.86M USD, surprise +5.48%, Beat. Q4 2025, reported Nov 10, 2025: actual 16.43M USD, estimate 16.79M USD, surprise -2.18%, Miss. Q1 2026, reported Mar 10, 2026: actual 23.06M USD, estimate 22.3M USD, surprise +3.40%, Beat. Q2 2026, reported May 4, 2026: actual 20.85M USD, estimate 19.99M USD, surprise +4.32%, Beat. Q3 2026, reported Aug 13, 2026: actual 19.25M USD, estimate 18.89M USD, surprise +1.91%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 18.87M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$3.50

251.19% upside
Past 12 months12-month forecastHigh $5.00Average $3.50Low $2.00

Rating distribution

12 ratings
Strong buy00%
Buy542%
Hold650%
Sell18%
Strong sell00%

ADCT peers

ETFs holding ADCT

Funds reporting this stock among their holdings, ordered by reported position size.

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