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Fulgent Genetics, Inc. FLGT Therapeutic Development — Goodwill

Other segment segments

Laboratory Services
$31.38M

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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:Goodwill.

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 itemLaboratory ServicesTherapeutic Development
Balance at December 31, 2025$25,080
Acquisition31,379
Measurement period adjustment(2,728)
Balance at March 31, 2026$31,379$22,352

Item 1. Financial Statements.

FAQ

What is Fulgent Genetics, Inc.'s therapeutic development — goodwill?
Fulgent Genetics, Inc. (FLGT) reported therapeutic development — goodwill of $22.35M in Q1 2026.
How has Fulgent Genetics, Inc.'s therapeutic development — goodwill changed year-over-year?
Fulgent Genetics, Inc.'s therapeutic development — goodwill increased by 1.1% year-over-year, from $22.1M to $22.35M.
What does therapeutic development — goodwill mean?
Reflects the excess purchase price paid for acquisitions within the therapeutic development segment over the fair value of identifiable net assets. It serves as an indicator of the premium paid for expected future synergies and the strategic value of acquired research pipelines.

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