What is Fulgent Genetics, Inc.'s change in lease liabilities?

Fulgent Genetics, Inc. (FLGT) reported change in lease liabilities of -$381K in Q1 2026.

How has Fulgent Genetics, Inc.'s change in lease liabilities changed year-over-year?

Fulgent Genetics, Inc.'s change in lease liabilities decreased by 7.6% year-over-year, from -$354K to -$381K.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Fulgent Genetics, Inc. FLGT Change in Lease Liabilities

Change in Lease Liabilities at other companies

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-$1.3M-19.2%

Natera, Inc.NTRA

-$5.85M-29.9%

Tempus AI, Inc.TEM

-$3.58M-32.8%

VeracyteVCYT

-$319K+44.7%

Other financials

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

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Market cap$552.11M-7.1%

Enterprise value$536.92M+0.7%

P/S1.7×-0.3×

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×

Where this comes from

Reported directly by Fulgent Genetics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Fulgent Genetics, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fulgent Genetics, Inc.'s change in lease liabilities?: Fulgent Genetics, Inc. (FLGT) reported change in lease liabilities of -$381K in Q1 2026.
How has Fulgent Genetics, Inc.'s change in lease liabilities changed year-over-year?: Fulgent Genetics, Inc.'s change in lease liabilities decreased by 7.6% year-over-year, from -$354K to -$381K.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.