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
DateValue
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