Fulgent Genetics (FLGT) Cost of Revenue (2015 - 2026)
Fulgent Genetics (FLGT) posted Cost of Revenue of $49.6 million for Q1 2026, down 68.85% sequentially from $159.4 million in Q4 2025, and up 10.04% YoY from $45.1 million in Q1 2025.
Fulgent Genetics (FLGT) Cost of Revenue (2015 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 12 years of Cost of Revenue data on file, last reported at $49.6 million in Q1 2026.
- Quarterly Cost of Revenue rose 10.04% year-over-year to $49.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $269.9 million (up 8511.81% YoY) and the FY2025 annual result came in at $191.8 million, up 429.15% from the prior year.
- Cost of Revenue fell to $49.6 million in Q1 2026 per FLGT's latest filing, from $159.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $159.4 million in Q4 2025, with the low at -$95.6 million in Q4 2024.
- Average Cost of Revenue over 5 years is $29.6 million, with a median of $12.3 million recorded in 2025.
- Year-over-year, Cost of Revenue surged 1452.02% in 2022 and sank 311.25% in 2024.
- Fulgent Genetics' Cost of Revenue stood at $10.3 million in 2022, then surged by 341.59% to $45.3 million in 2023, then plunged by 311.25% to -$95.6 million in 2024, then soared by 266.66% to $159.4 million in 2025, then sank by 68.85% to $49.6 million in 2026.
- Business Quant data shows FLGT's Cost of Revenue at $49.6 million in Q1 2026, $159.4 million in Q4 2025, and $48.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 608,000.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 845.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 2.80 Bn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 118.74 Mn |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 Mn | 21.49 Mn | 49.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.65 Mn |
| Mar 31, 2026 | 49.65 Mn |
| Dec 31, 2025 | 159.40 Mn |
| Dec 31, 2025 | 159.40 Mn |
| Sep 30, 2025 | 48.56 Mn |
| Sep 30, 2025 | 48.56 Mn |
| Jun 30, 2025 | 12.29 Mn |
| Jun 30, 2025 | 12.29 Mn |
| Mar 31, 2025 | 45.12 Mn |
| Mar 31, 2025 | 45.12 Mn |
| Dec 31, 2024 | -95.64 Mn |
| Dec 31, 2024 | -95.64 Mn |
| Sep 30, 2024 | 9.12 Mn |
| Sep 30, 2024 | 9.12 Mn |
| Jun 30, 2024 | 44.54 Mn |
| Jun 30, 2024 | 44.54 Mn |
| Mar 31, 2024 | 8.99 Mn |
| Mar 31, 2024 | 8.99 Mn |
| Dec 31, 2023 | 45.28 Mn |
| Dec 31, 2023 | 45.28 Mn |