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Fulgent Genetics, Inc.

FLGT

Fulgent Genetics is a technology-driven precision medicine company that operates a large-scale laboratory services business and a therapeutic development division.

Market cap
$556.08M+4.4%
Revenue$320.3M+9.5%
Net income-$73.8M-81.0%
Free cash flow-$118.2M-138%
EPS (diluted)-$2.39-79.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$94.0M
EPS estimate-$0.46

Financials

Q1 2026

Income statement

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Revenue$71.1M-3.2%
Gross profit$21.5M-24.2%
Operating income-$34.6M-74.9%
Net income-$24.8M-115%
EPS (diluted)-$0.80-116%

Balance sheet

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Cash & equivalents$23.4M-65.2%
Total debt$8.2M+40.5%
Total equity$1.0B-6.9%
Total assets$1.2B-4.1%

Cash flow

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Operating cash flow$7.1M+260%
CapEx$5.2M+10.3%
Free cash flow$1.9M+121%

Valuation & ratios

Valuation

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Market cap$556.08M+4.4%
Enterprise value$540.9M+16.0%
P/S1.7×-0.1×

Profitability

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Gross margin38.7%-0.1pp
Operating margin-33.1%+17.4pp
Net margin-23%+43.3pp
FCF margin-36.9%

Returns & leverage

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Return on equity-6.8%+48.2pp
Debt / equity0.0×
Current ratio5.3×-1.0×

Segments

By segment

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Laboratory Services$71.1M-3.3%
Therapeutic Development$87.0K

By geography

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Non Us$6.0M+7.0%
Other Countries$3.5M+14.8%

Competitors

Profile

Fulgent Genetics is a technology-driven precision medicine company that operates a large-scale laboratory services business and a therapeutic development division. The company provides a comprehensive menu of genetic and diagnostic tests designed for clinical, biopharmaceutical, and consumer use. Additionally, it leverages a proprietary nanoencapsulation platform to develop targeted drug candidates for the treatment of various cancers.

Competitive position

A technology-focused provider of genetic testing that differentiates through a proprietary software platform and a dual-track strategy of diagnostics and drug development.

GeographiesUnited States, Australia, China, European Union
Customer segmentsHealthcare Providers, Biopharma Research, Governmental Bodies, Individual Consumers
Business modelLaboratory Services, B2B, Direct-to-Consumer, Research and Development
SuppliersNext-generation sequencers, Laboratory reagents, Specialized laboratory equipment, Maintenance and repair services
CustomersPhysicians, Hospitals, Biotech researchers, Health insurance companies, Clinical trial sponsors
Listed2016
Employees1.0K
CEOMing Hsieh
FilingsSEC EDGAR

Questions, answered.

What is Fulgent Genetics, Inc.'s market cap?
Fulgent Genetics, Inc. (FLGT) has a market capitalization of $556.1M and trades on NASDAQ.
What is Fulgent Genetics, Inc.'s revenue and profitability?
Fulgent Genetics, Inc. generated $320.3M in trailing twelve-month revenue with a net loss of $73.8M, representing a net margin of -23.0%. Gross margin stands at 38.7%, with free cash flow of -$118.2M. These figures are based on the Q1 2026 filing.
Who are Fulgent Genetics, Inc.'s competitors?
Fulgent Genetics, Inc.'s key competitors include GeneDx Holdings Corp., Laboratory Corporation of America Holdings, NeoGenomics, Inc., and others. These companies compete in similar markets and product categories.
Who does Fulgent Genetics, Inc. partner with?
Fulgent Genetics, Inc.'s notable partners include Illumina Inc., Roche Holdings AG, Leica Biosystems, and others.
What subsidiaries does Fulgent Genetics, Inc. have?
Fulgent Genetics, Inc.'s subsidiaries include Fulgent Pharma Holdings, Inc., ANP Technologies, Inc., Fulgent Therapeutics LLC.
Where is Fulgent Genetics, Inc. headquartered?
Fulgent Genetics, Inc. is headquartered in United States of America and employs approximately 1,012 people. It has been publicly traded since 2016.