Fulgent Genetics (FLGT) FCF Margin (2015 - 2026)
Fulgent Genetics' FCF Margin came in at -32.34% for Q2 2026, up 12.89 percentage points from -45.23% a year earlier but down 35.01 percentage points from the prior quarter.
Fulgent Genetics (FLGT) FCF Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fulgent Genetics reported FCF Margin of -32.04%, down 12.27 percentage points year-over-year; for FY2025, it was -38.49%, down 31.70 percentage points from FY2024.
- FCF Margin has declined in each of the last four years, with a five-year change of -63.51 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -6.79% in FY2024 (-8.45 pp), 1.66% in FY2023 (-36.27 pp), 37.93% in FY2022 (-13.94 pp) and 51.86% in FY2021 (+26.84 pp).
- The five-year range for quarterly FCF Margin is -99.74% (Q4 2025) to 65.30% (Q3 2021).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -17.41 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2021 (a gain of 66.00 percentage points), and the weakest in Q4 2025 (a drop of 127.61 percentage points).
- Business Quant data shows FLGT's FCF Margin at 2.66% (Q1 2026), -99.74% (Q4 2025) and 6.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.14 Bn | 98.15 Bn | - | 5.46% |
| 2 | Natera | 58.27 Bn | 53.95 Bn | 485.19 Mn | -1.15% |
| 3 | Labcorp Holdings | 26.32 Bn | 24.06 Bn | 1.11 Bn | 8.41% |
| 4 | Quest Diagnostics | 26.23 Bn | 24.36 Bn | 1.03 Bn | 15.08% |
| 5 | Tenet Healthcare | 22.71 Bn | 11.71 Bn | - | 7.41% |
| 6 | Guardant Health | 21.33 Bn | 17.40 Bn | 219.03 Mn | -20.76% |
| 7 | BrightSpring Health Services | 12.85 Bn | 11.19 Bn | 492.75 Mn | 0.38% |
| 8 | Fresenius Medical Care AG | 12.43 Bn | 4.38 Bn | 1.52 Bn | 12.75% |
| 9 | Tempus AI | 12.27 Bn | 9.30 Bn | 246.50 Mn | -3.57% |
| 10 | Fulgent Genetics | 575.23 Mn | -669.99 Mn | 25.68 Mn | -32.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -32.34% |
| Mar 31, 2026 | 2.66% |
| Dec 31, 2025 | -99.74% |
| Sep 30, 2025 | 6.02% |
| Jun 30, 2025 | -45.23% |
| Mar 31, 2025 | -12.45% |
| Dec 31, 2024 | 27.87% |
| Sep 30, 2024 | -48.85% |
| Jun 30, 2024 | -12.19% |
| Mar 31, 2024 | 4.98% |
| Dec 31, 2023 | 16.77% |
| Sep 30, 2023 | 6.28% |
| Jun 30, 2023 | -3.55% |
| Mar 31, 2023 | -15.02% |
| Dec 31, 2022 | 42.07% |
| Sep 30, 2022 | 14.52% |
| Jun 30, 2022 | 6.28% |
| Mar 31, 2022 | 57.16% |
| Dec 31, 2021 | 28.25% |
| Sep 30, 2021 | 65.30% |
Fulgent Genetics FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FLGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FLGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FLGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();