XML 32 R25.htm IDEA: XBRL DOCUMENT v3.26.1
Revenue (Tables)
6 Months Ended
Jun. 30, 2026
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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

MRD revenue

 

 

 

 

 

 

 

 

 

 

 

 

Service revenue

 

$

66,168

 

 

$

44,438

 

 

$

124,261

 

 

$

83,659

 

Regulatory milestone revenue

 

 

 

 

 

5,500

 

 

 

9,000

 

 

 

10,000

 

Total MRD revenue

 

 

66,168

 

 

 

49,938

 

 

 

133,261

 

 

 

93,659

 

Immune Medicine revenue

 

 

 

 

 

 

 

 

 

 

 

 

Service and licensing revenue

 

 

5,385

 

 

 

5,001

 

 

 

9,166

 

 

 

10,123

 

Collaboration revenue(1)

 

 

 

 

 

3,940

 

 

 

 

 

 

7,540

 

Total Immune Medicine revenue

 

 

5,385

 

 

 

8,941

 

 

 

9,166

 

 

 

17,663

 

Total revenue

 

$

71,553

 

 

$

58,879

 

 

$

142,427

 

 

$

111,322

 

(1) On August 13, 2025, the Genentech Agreement was terminated, with termination effective February 9, 2026.