Fulgent Genetics (FLGT) Cost of Revenue (2015 - 2026)

Fulgent Genetics' (FLGT) quarterly Cost of Revenue came in at $49.6 million in Q1 2026, up 10.04% year-on-year from $45.1 million in Q1 2025, and down 68.85% quarter-over-quarter from $159.4 million in Q4 2025.

Fulgent Genetics (FLGT) Cost of Revenue (2015 - 2026) Analysis & Trends

Fulgent Genetics has disclosed Cost of Revenue across 12 years of filings, most recently posting $49.6 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $49.6 million, up 10.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $269.9 million (up 8511.81% YoY), and the FY2025 annual result was $191.8 million, up 429.15% from the prior year.
  • Cost of Revenue came in at $49.6 million for Q1 2026 at Fulgent Genetics, down from $159.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $159.4 million in Q4 2025 to a low of -$95.6 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $12.3 million (2025), against an average of $29.6 million.
  • Across the five-year window, Cost of Revenue jumped 1452.02% in 2022 and tumbled 311.25% in 2024, its largest moves.
  • Fulgent Genetics' Cost of Revenue stood at $10.3 million in 2022, then surged by 341.59% to $45.3 million in 2023, then tumbled by 311.25% to -$95.6 million in 2024, then soared by 266.66% to $159.4 million in 2025, then plunged by 68.85% to $49.6 million in 2026.
  • The last three Cost of Revenue figures came in at $49.6 million (Q1 2026), $159.4 million (Q4 2025), and $48.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 30,010.71 Bn 30,010.25 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 179.46 Bn 176.21 Bn 7.74 Bn 3.26 Bn
3 Danaher 130.33 Bn 124.64 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 44.44 Bn 44.24 Bn 722.74 Mn 175.25 Mn
5 Agilent Technologies 37.27 Bn 35.46 Bn 990.00 Mn 845.00 Mn
6 Iqvia Holdings 30.70 Bn 28.73 Bn 1.36 Bn 2.80 Bn
7 Natera 30.59 Bn 29.49 Bn 696.04 Mn 608,000.00
8 Illumina 24.86 Bn 23.71 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 23.06 Bn 23.00 Bn 555.82 Mn 118.74 Mn
10 Fulgent Genetics 584.27 Mn 302.31 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