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Fulgent Genetics, Inc. FLGT Therapeutic Development — General And Administrative Expense

Other segment segments

Laboratory Services
$20.05M-2.8%

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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:GeneralAndAdministrativeExpense.

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
Three Months Ended March 31, 2026Laboratory ServicesTherapeutic DevelopmentTotal
Revenue$71,051$87$71,138
Less:
Adjusted cost of revenue48,179848,187
Adjusted research and development6,4614,17810,639
Adjusted selling and marketing11,57611,576
Adjusted general and administrative20,05235720,409
Total adjusted operating loss$(15,217)$(4,456)$(19,673)

Item 1. Financial Statements.

FAQ

What is Fulgent Genetics, Inc.'s therapeutic development — general and administrative expense?
Fulgent Genetics, Inc. (FLGT) reported therapeutic development — general and administrative expense of $357K in Q1 2026.
How has Fulgent Genetics, Inc.'s therapeutic development — general and administrative expense changed year-over-year?
Fulgent Genetics, Inc.'s therapeutic development — general and administrative expense increased by 36.8% year-over-year, from $261K to $357K.
What is the long-term trend for Fulgent Genetics, Inc.'s therapeutic development — general and administrative expense?
Over 3 years (2022 to 2025), Fulgent Genetics, Inc.'s therapeutic development — general and administrative expense has grown at a 161.2% compound annual growth rate (CAGR), from $70K to $1.25M.
What does therapeutic development — general and administrative expense mean?
This represents the overhead and administrative costs allocated to the therapeutic development segment, such as management salaries, legal fees, and office expenses. It is used to evaluate the operational efficiency and cost management of the segment's support functions.

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