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Segments

By segment

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Laboratory Services$71.05M-3.3%
Therapeutic Development$87K

By geography

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Non Us$6.03M+7.0%
Other Countries$3.47M+14.8%

Other financials

Income statement

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenue$71,138$73,463
Cost of revenue49,64845,117
Gross profit21,49028,346
Operating expenses
Research and development14,17612,395
Selling and marketing12,2218,465
General and administrative27,68425,291
Amortization of intangible assets2,0311,990

Item 1. Financial Statements.

FAQ

What is Fulgent Genetics, Inc.'s total revenue?
Fulgent Genetics, Inc. (FLGT) reported total revenue of $71.14M in Q1 2026.
How has Fulgent Genetics, Inc.'s total revenue changed year-over-year?
Fulgent Genetics, Inc.'s total revenue decreased by 3.2% year-over-year, from $73.46M to $71.14M.
What is the long-term trend for Fulgent Genetics, Inc.'s total revenue?
Over 4 years (2021 to 2025), Fulgent Genetics, Inc.'s total revenue has grown at a -24.5% compound annual growth rate (CAGR), from $992.58M to $322.67M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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