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Fulgent Genetics, Inc. FLGT Finance Lease Liability, Current

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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$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×
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:FinanceLeaseLiabilityCurrent.

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 finance lease liability, current?
Fulgent Genetics, Inc. (FLGT) reported finance lease liability, current of $271K in Q1 2026.
How has Fulgent Genetics, Inc.'s finance lease liability, current changed year-over-year?
Fulgent Genetics, Inc.'s finance lease liability, current decreased by 22.8% year-over-year, from $351K to $271K.
What is the long-term trend for Fulgent Genetics, Inc.'s finance lease liability, current?
Over 4 years (2021 to 2025), Fulgent Genetics, Inc.'s finance lease liability, current has grown at a 2.0% compound annual growth rate (CAGR), from $332K to $360K.
What does finance lease liability, current mean?
Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.