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Fulgent Genetics, Inc. FLGT Q1 2026 earnings

Reported May 1, 2026 · Before market open

Revenue$71.1MBeat by $3.0M
EPS-$0.36Miss by $0.01
Revenue estimate$68.1M
EPS estimate-$0.35

Next report

Nov 6, 2026 (in 2 months)
Revenue estimate$86.3M
EPS estimate-$0.65

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

as of 03/31/26
See full
Market cap$496.57M-4.8%
Enterprise value$481.38M+4.6%
P/S1.6×-0.2×

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 / equity0×0.0×
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%

FAQ

When did Fulgent Genetics, Inc. report Q1 2026 earnings?
Fulgent Genetics, Inc. (FLGT) reported Q1 2026 earnings on May 1, 2026 before market open.
What were Fulgent Genetics, Inc.'s Q1 2026 revenue and EPS?
Fulgent Genetics, Inc. reported revenue of $71.1M and eps of $-0.36 for Q1 2026.
Did Fulgent Genetics, Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $68.1M by $3.0M. EPS missed the consensus estimate of $-0.35 by $0.01.
How did Fulgent Genetics, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 3.2% from $73.5M a year earlier.
Where can I find Fulgent Genetics, Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-199061) and the 10-Q periodic report (0001193125-26-199065) directly on SEC EDGAR. The filing index links above go to sec.gov.