Fulgent Genetics (FLGT) Gross Margin (2015 - 2026)

Fulgent Genetics' (FLGT) quarterly Gross Margin came in at 30.21% in Q1 2026, down 838.0% year-on-year from 4.09% in Q1 2025, and down 99.63% quarter-over-quarter from 8145.5% in Q4 2025.

Fulgent Genetics (FLGT) Gross Margin (2015 - 2026) Analysis & Trends

Fulgent Genetics has disclosed Gross Margin across 12 years of filings, most recently posting 30.21% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 30.21%, down 838.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.24% (up 1344.0% YoY), and the FY2025 annual result was 40.56%, up 274.0% from the prior year.
  • Gross Margin came in at 30.21% for Q1 2026 at Fulgent Genetics, down from 8145.5% 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 28.43% in Q1 2023.
  • The 5-year median for Gross Margin is 40.19% (2024), against an average of 547.65%.
  • Across the five-year window, Gross Margin sank 4730 bps in 2023 and soared 810371 bps in 2025, its largest moves.
  • Fulgent Genetics' Gross Margin stood at 43.63% in 2022, then dropped by 18 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 slumped by 100 bps to 30.21% in 2026.
  • The last three Gross Margin figures came in at 30.21% (Q1 2026), 8145.5% (Q4 2025), and 42.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 70.37%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 63.35%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 53.95%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 99.91%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 32.64%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 58.68%
10 Fulgent Genetics 570.68 Mn 288.72 Mn 21.49 Mn 30.21%

Historic Data

Download Data
DateValue
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%
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%
Jun 30, 2021 76.66%
Mar 31, 2021 79.39%