Fulgent Genetics (FLGT) Asset Writedowns and Impairment (2015 - 2026)
Fulgent Genetics (FLGT) posted Asset Writedowns and Impairment of $2.2 million for Q2 2026, up 85.03% sequentially from $1.2 million in Q1 2026, and down 71.98% YoY from $7.9 million in Q2 2025.
Fulgent Genetics (FLGT) Asset Writedowns and Impairment (2015 - 2026) Analysis & Trends
Fulgent Genetics has reported Asset Writedowns and Impairment for 12 years, with the latest figure at $2.2 million in Q2 2026.
- Quarterly Asset Writedowns and Impairment fell 71.98% year-over-year to $2.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 million (down 86.44% YoY) and the FY2025 annual result came in at $7.6 million, up 542.08% from the prior year.
- Asset Writedowns and Impairment grew to $2.2 million in Q2 2026 per FLGT's latest filing, from $1.2 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $11.6 million in Q1 2022 and troughed at -$11.8 million in Q4 2024.
- A 5-year average of $2.4 million and a median of $2.1 million in 2025 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment surged 990.23% in 2022, then plunged 2109.73% in 2024.
- Over 5 years, Asset Writedowns and Impairment stood at $7.3 million in 2022, then plunged by 52.7% to $3.5 million in 2023, then tumbled by 442.02% to -$11.8 million in 2024, then surged by 80.7% to -$2.3 million in 2025, then jumped by 196.58% to $2.2 million in 2026.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.2 million, $1.2 million, and -$2.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn |
| 10 | Fulgent Genetics | 518.37 Mn | 261.34 Mn | 25.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20 Mn |
| Jun 30, 2026 | 2.20 Mn |
| Mar 31, 2026 | 1.19 Mn |
| Mar 31, 2026 | 1.19 Mn |
| Dec 31, 2025 | -2.28 Mn |
| Dec 31, 2025 | -2.28 Mn |
| Jun 30, 2025 | 9.93 Mn |
| Jun 30, 2025 | 9.93 Mn |
| Mar 31, 2025 | 2.08 Mn |
| Mar 31, 2025 | 2.08 Mn |
| Dec 31, 2024 | -11.80 Mn |
| Dec 31, 2024 | -11.80 Mn |
| Sep 30, 2024 | 10.07 Mn |
| Sep 30, 2024 | 10.07 Mn |
| Mar 31, 2024 | -2.50 Mn |
| Mar 31, 2024 | -2.50 Mn |
| Dec 31, 2023 | 3.45 Mn |
| Dec 31, 2023 | 3.45 Mn |
| Sep 30, 2023 | -2.30 Mn |
| Sep 30, 2023 | -2.30 Mn |