What is Fulgent Genetics, Inc.'s net margin?

Fulgent Genetics, Inc. (FLGT) reported net margin of -23% in Q1 2026.

How has Fulgent Genetics, Inc.'s net margin changed year-over-year?

Fulgent Genetics, Inc.'s net margin decreased by 65.2% year-over-year, from -13.9% to -23%.

What is the long-term trend for Fulgent Genetics, Inc.'s net margin?

Over 5 years (2020 to 2025), Fulgent Genetics, Inc.'s net margin has grown at a -18.1% compound annual growth rate (CAGR), from 50.8% to -18.8%.

What does net margin mean?

Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

Fulgent Genetics, Inc. FLGT Net margin

Net margin at other companies

Bristol-Myers SquibbBMY

15%+3.8pp

Labcorp HoldingsLH

6.7%+1.1pp

Quest DiagnosticsDGX

9.1%+0.2pp

NeoGenomicsNEO

-13.3%+2.4pp

Natera, Inc.NTRA

-14.6%+0.6pp

Tempus AI, Inc.TEM

-22.2%-9.5pp

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$7.1M+260%

CapEx$5.2M+10.3%

Free cash flow$1.9M+121%

Valuation

See full

Market cap$552.11M-7.1%

Enterprise value$536.92M+0.7%

P/S1.7×-0.3×

Profitability

See full

Gross margin38.7%-0.1pp

Operating margin-33.1%+17.4pp

FCF margin-36.9%—

Returns & leverage

See full

Return on equity-6.8%+48.2pp

Debt / equity0×0.0×

Current ratio5.3×-1.0×

Where this comes from

Calculated from Fulgent Genetics, Inc.’s reported figures.

net income/total revenue=-23%

Based on trailing twelve months.

The official record: Fulgent Genetics, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

Ask your AI about Fulgent Genetics, Inc.'s net margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Fulgent Genetics, Inc.'s net margin?: Fulgent Genetics, Inc. (FLGT) reported net margin of -23% in Q1 2026.
How has Fulgent Genetics, Inc.'s net margin changed year-over-year?: Fulgent Genetics, Inc.'s net margin decreased by 65.2% year-over-year, from -13.9% to -23%.
What is the long-term trend for Fulgent Genetics, Inc.'s net margin?: Over 5 years (2020 to 2025), Fulgent Genetics, Inc.'s net margin has grown at a -18.1% compound annual growth rate (CAGR), from 50.8% to -18.8%.
What does net margin mean?: Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.