FLGT
Fulgent Genetics Inc
NASDAQ: FLGT · HEALTHCARE · DIAGNOSTICS & RESEARCH
$15.19
+2.64% today
Updated 2026-04-30
Market cap
$470.46M
P/E ratio
—
P/S ratio
1.46x
EPS (TTM)
$-1.97
Dividend yield
—
52W range
$13 – $31
Volume
0.7M
Fulgent Genetics Inc (FLGT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28M | $9.58M | $18.28M | $18.73M | $21.36M | $32.53M | $421.71M | $992.58M | $618.97M | $289.21M | $283.47M | $322.67M |
| Revenue growth (YoY) | — | +649.3% | +90.9% | +2.5% | +14.0% | +52.3% | +1196.5% | +135.4% | -37.6% | -53.3% | -2.0% | +13.8% |
| Cost of revenue | $936000.00 | $5.07M | $6.72M | $8.55M | $10.69M | $14.11M | $89.81M | $215.53M | $252.07M | $184.76M | $176.25M | $191.80M |
| Gross profit | $342000.00 | $4.51M | $11.55M | $10.18M | $10.66M | $18.42M | $331.90M | $777.05M | $366.90M | $104.46M | $107.22M | $130.88M |
| Gross margin | 26.8% | 47.1% | 63.2% | 54.3% | 49.9% | 56.6% | 78.7% | 78.3% | 59.3% | 36.1% | 37.8% | 40.6% |
| R&D | $521000.00 | $4.43M | $3.56M | $4.22M | $5.53M | $6.54M | $11.58M | $24.22M | $28.91M | $41.44M | $48.82M | $53.91M |
| SG&A | $230000.00 | $2.42M | $4.61M | $5.13M | $5.54M | $6.41M | $15.21M | $50.73M | $111.07M | $89.00M | $88.11M | $116.66M |
| Operating income | $-990000.00 | $-5.01M | $919000.00 | $-3.40M | $-5.06M | $-428000.00 | $290.16M | $104.34M | $178.53M | $-195.53M | $-73.92M | $-91.10M |
| Operating margin | -77.5% | -52.3% | 5.0% | -18.2% | -23.7% | -1.3% | 68.8% | 10.5% | 28.8% | -67.6% | -26.1% | -28.2% |
| EBITDA | $-794000.00 | $-4.44M | $2.09M | $-1.67M | $-2.89M | $1.68M | $293.12M | $106.05M | $217.70M | $-147.45M | $-48.99M | $-45.83M |
| EBITDA margin | -62.1% | -46.3% | 11.4% | -8.9% | -13.6% | 5.2% | 69.5% | 10.7% | 35.2% | -51.0% | -17.3% | -14.2% |
| EBIT | $-990000.00 | $-5.01M | $919000.00 | $-3.40M | $-5.06M | $-428000.00 | $290.16M | $104.34M | $185.04M | $-173.60M | $-73.92M | $-69.95M |
| Interest expense | $0.00 | $0.00 | $5.39M | $0.00 | $0.00 | $2.17M | $354000.00 | $6.21M | $1.01M | $488000.00 | $170000.00 | $75000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-4.28M | $-8.31M | $-5.39M | $-2.66M | $-4.49M | $366000.00 | $214.31M | $104.34M | $143.40M | $-167.82M | $-42.71M | $-60.51M |
| Net income growth (YoY) | — | -94.1% | +35.2% | +50.6% | -68.7% | +108.2% | +58454.6% | -51.3% | +37.4% | -217.0% | +74.6% | -41.7% |
| Profit margin | -335.1% | -86.8% | -29.5% | -14.2% | -21.0% | 1.1% | 50.8% | 10.5% | 23.2% | -58.0% | -15.1% | -18.8% |