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| Date | Value |
|---|---|
| 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 |