Fulgent Genetics (FLGT) Gross Margin (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Gross Margin came in at 30.07% in Q2 2026, down 1202.0% year-over-year from 2.73% in Q2 2025, and little changed quarter-over-quarter from 30.21% in Q1 2026.
Analysis
Fulgent Genetics (FLGT) Gross Margin (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Gross Margin across 12 years of filings, most recently posting 30.07% for Q2 2026.
- In Q2 2026, Gross Margin fell 1202.0% year-over-year to 30.07%; the TTM figure through Jun 2026 stood at 47.83% (up 779.0% YoY), while the FY2025 annual figure was 40.56%, up 274.0% from the prior year.
- Gross Margin came in at 30.07% for Q2 2026 at Fulgent Genetics, roughly flat from 30.21% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 8145.5% in Q4 2025 to a low of 15.53% in Q4 2022.
- Average Gross Margin over 5 years is 489.33%, with a median of 37.95% recorded in 2024.
- Year-over-year, Gross Margin sank 5978 bps in 2022 and jumped 810371 bps in 2025.
- Over 5 years, Gross Margin stood at 15.53% in 2022, then jumped by 130 bps to 35.78% in 2023, then rose by 17 bps to 41.79% in 2024, then soared by 19392 bps to 8145.5% in 2025, then sank by 100 bps to 30.07% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 30.07% in Q2 2026, 30.21% in Q1 2026, and 8145.5% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 64.58% |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 33.75% |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 29.80% |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 65.39% |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 71.70% |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 69.16% |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 55.38% |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 70.45% |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 71.82% |
| 10 | Fulgent Genetics | 596.80 Mn | 334.14 Mn | 25.68 Mn | 30.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.07% |
| Mar 31, 2026 | 30.21% |
| Dec 31, 2025 | 8,145.50% |
| Sep 30, 2025 | 42.24% |
| Jun 30, 2025 | 42.10% |
| Mar 31, 2025 | 38.59% |
| Dec 31, 2024 | 41.79% |
| Sep 30, 2024 | 37.32% |
| Jun 30, 2024 | 37.30% |
| Mar 31, 2024 | 34.28% |
| Dec 31, 2023 | 35.78% |
| Sep 30, 2023 | 47.05% |
| Jun 30, 2023 | 30.32% |
| Mar 31, 2023 | 28.43% |
| Dec 31, 2022 | 15.53% |
| Sep 30, 2022 | 43.63% |
| Jun 30, 2022 | 52.08% |
| Mar 31, 2022 | 75.73% |
| Dec 31, 2021 | 75.31% |
| Sep 30, 2021 | 80.92% |