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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Fulgent Genetics, Inc. (FLGT) reported pre-tax income of -$25.98M in Q1 2026.
How has Fulgent Genetics, Inc.'s pre-tax income changed year-over-year?
Fulgent Genetics, Inc.'s pre-tax income decreased by 121.6% year-over-year, from -$11.72M to -$25.98M.
What is the long-term trend for Fulgent Genetics, Inc.'s pre-tax income?
Over 4 years (2021 to 2025), Fulgent Genetics, Inc.'s pre-tax income has grown at a -43.3% compound annual growth rate (CAGR), from $677.3M to -$70.03M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.