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

Fulgent Genetics' (FLGT) quarterly Deferred Taxes came in at -$1.1 million in Q1 2026, down 742.11% year-on-year from $174426.2 in Q1 2025, and down 976.92% quarter-over-quarter from -$104000.0 in Q4 2025.

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

Fulgent Genetics has disclosed Deferred Taxes across 9 years of filings, most recently posting -$1.1 million for Q1 2026.

  • Deferred Taxes for Q1 2026 came in at -$1.1 million, down 742.11% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.2 million (up 33.54% YoY), and the FY2025 annual result was -$1.2 million, up 67.51% from the prior year.
  • Deferred Taxes came in at -$1.1 million for Q1 2026 at Fulgent Genetics, down from -$104000.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $19.4 million in Q3 2023 to a low of -$5.5 million in Q1 2022.
  • The 5-year median for Deferred Taxes is -$557000.0 (2024), against an average of -$169647.1.
  • Across the five-year window, Deferred Taxes jumped 616.52% in 2023 and plunged 742.11% in 2026, its largest moves.
  • Fulgent Genetics' Deferred Taxes stood at -$3.3 million in 2022, then surged by 115.0% to $502000.0 in 2023, then slumped by 172.51% to -$364000.0 in 2024, then jumped by 71.43% to -$104000.0 in 2025, then tumbled by 976.92% to -$1.1 million in 2026.
  • The last three Deferred Taxes figures came in at -$1.1 million (Q1 2026), -$104000.0 (Q4 2025), and -$864000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn -1.00 Mn
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn -258.00 Mn
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn -
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 13.89 Mn
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 32.00 Mn
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn -
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn -38.00 Mn
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 3.00 Mn
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn -1.99 Mn
10 Fulgent Genetics 570.68 Mn 288.72 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