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Revenue (Tables) | 9 Months Ended
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Sep. 30, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregated Revenue | The following table presents our disaggregated revenue for the periods presented (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
MRD revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  | $ | 50,288 |  |  | $ | 32,470 |  |  | $ | 133,947 |  |  | $ | 92,880 |
Regulatory milestone revenue |  |  | 6,500 |  |  |  | 5,000 |  |  |  | 16,500 |  |  |  | 12,500 |
Total MRD revenue |  |  | 56,788 |  |  |  | 37,470 |  |  |  | 150,447 |  |  |  | 105,380 |
Immune Medicine revenue |  |  |  |  |  |  |  |  |  |  |  |
Service revenue |  |  | 3,443 |  |  |  | 5,453 |  |  |  | 13,566 |  |  |  | 16,160 |
Collaboration revenue(1) |  |  | 33,742 |  |  |  | 3,512 |  |  |  | 41,282 |  |  |  | 9,958 |
Total Immune Medicine revenue |  |  | 37,185 |  |  |  | 8,965 |  |  |  | 54,848 |  |  |  | 26,118 |
Total revenue |  | $ | 93,973 |  |  | $ | 46,435 |  |  | $ | 205,295 |  |  | $ | 131,498 |
(1) On August 13, 2025, the Genentech Agreement was terminated, with termination effective February 9, 2026. See “Genentech Collaboration Agreement” below for more information regarding the resulting impact on revenue recognized during the three and nine months ended September 30, 2025.

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