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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:PaymentsForRepurchaseOfCommonStock.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Acquisition of businesses, net of cash(55,567)
Net cash provided by investing activities10,93927,729
Cash flow from financing activities:
Repurchase of common stock(40,078)(8,679)
Common stock withholding for employee tax obligations(4,200)(1,887)
Repayment of notes payable(476)(470)
Principal paid for finance lease(88)(136)
Proceeds from exercise of stock options9

Item 1. Financial Statements.

FAQ

What is Fulgent Genetics, Inc.'s share buybacks?
Fulgent Genetics, Inc. (FLGT) reported share buybacks of $40.08M in Q1 2026.
How has Fulgent Genetics, Inc.'s share buybacks changed year-over-year?
Fulgent Genetics, Inc.'s share buybacks increased by 361.8% year-over-year, from $8.68M to $40.08M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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