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| 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 |