Fulgent Genetics (FLGT) Deferred Taxes (2016 - 2026)

Fulgent Genetics (FLGT) posted Deferred Taxes of -$1.1 million for Q1 2026, down 976.92% sequentially from -$104000.0 in Q4 2025, and down 742.11% YoY from $174426.2 in Q1 2025.

Fulgent Genetics (FLGT) Deferred Taxes (2016 - 2026) Analysis & Trends

Fulgent Genetics (FLGT) has 9 years of Deferred Taxes data on file, last reported at -$1.1 million in Q1 2026.

  • Quarterly Deferred Taxes fell 742.11% year-over-year to -$1.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.2 million (up 33.54% YoY) and the FY2025 annual result came in at -$1.2 million, up 67.51% from the prior year.
  • Deferred Taxes retreated to -$1.1 million in Q1 2026 per FLGT's latest filing, from -$104000.0 in the prior quarter.
  • The five-year high for Deferred Taxes was $19.4 million in Q3 2023, with the low at -$5.5 million in Q1 2022.
  • Average Deferred Taxes over 5 years is -$169647.1, with a median of -$557000.0 recorded in 2024.
  • Year-over-year, Deferred Taxes surged 616.52% in 2023 and slumped 742.11% in 2026.
  • Fulgent Genetics' Deferred Taxes stood at -$3.3 million in 2022, then surged by 115.0% to $502000.0 in 2023, then tumbled by 172.51% to -$364000.0 in 2024, then jumped by 71.43% to -$104000.0 in 2025, then plunged by 976.92% to -$1.1 million in 2026.
  • Business Quant data shows FLGT's Deferred Taxes at -$1.1 million in Q1 2026, -$104000.0 in Q4 2025, and -$864000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -1.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn -258.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn -
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 13.89 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 32.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -38.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 3.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn -1.99 Mn
10 Fulgent Genetics 642.94 Mn 360.99 Mn 21.49 Mn -1.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.12 Mn
Dec 31, 2025 -104,000.00
Sep 30, 2025 -864,000.00
Jun 30, 2025 -113,000.00
Mar 31, 2025 -133,000.00
Dec 31, 2024 -364,000.00
Sep 30, 2024 -2.36 Mn
Jun 30, 2024 -457,000.00
Mar 31, 2024 -557,000.00
Dec 31, 2023 502,000.00
Sep 30, 2023 19.38 Mn
Jun 30, 2023 -3.22 Mn
Mar 31, 2023 -5.20 Mn
Dec 31, 2022 -3.35 Mn
Sep 30, 2022 2.71 Mn
Jun 30, 2022 -2.14 Mn
Mar 31, 2022 -5.50 Mn
Dec 31, 2021 -1.61 Mn
Sep 30, 2021 -3.52 Mn
Jun 30, 2021 -2.27 Mn