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Fulgent Genetics, Inc. FLGT Finance Lease Liabilities

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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$526.64M-16.5%
Enterprise value$511.45M-6.7%
P/S1.6×-0.4×

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×

Where this comes from

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

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: Fulgent Genetics, Inc.’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 7:08 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-199065
Line itemMarch 31, 2026December 31, 2025
Operating lease ROU asset, net$7,687$4,961
Operating lease liabilities, short term$1,932$1,462
Operating lease liabilities, long term$6,008$3,781
Finance lease ROU asset, net$254$339
Finance lease liabilities, short term$271$360
Finance lease liabilities, long term

Item 1. Financial Statements.

FAQ

What is Fulgent Genetics, Inc.'s finance lease liabilities?
Fulgent Genetics, Inc. (FLGT) reported finance lease liabilities of $0 in Q1 2026.
How has Fulgent Genetics, Inc.'s finance lease liabilities changed year-over-year?
Fulgent Genetics, Inc.'s finance lease liabilities decreased by 100.0% year-over-year, from $271K to $0.
What is the long-term trend for Fulgent Genetics, Inc.'s finance lease liabilities?
Over 4 years (2021 to 2025), Fulgent Genetics, Inc.'s finance lease liabilities has grown at a -100.0% compound annual growth rate (CAGR), from $1.4M to $0.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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