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

Fulgent Genetics (FLGT) posted Gross Margin of 30.21% for Q1 2026, down 99.63% sequentially from 8145.5% in Q4 2025, and down 838.0% YoY from 4.09% in Q1 2025.

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

Fulgent Genetics (FLGT) has 12 years of Gross Margin data on file, last reported at 30.21% in Q1 2026.

  • Quarterly Gross Margin fell 838.0% year-over-year to 30.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 52.24% (up 1344.0% YoY) and the FY2025 annual result came in at 40.56%, up 274.0% from the prior year.
  • Gross Margin retreated to 30.21% in Q1 2026 per FLGT's latest filing, from 8145.5% in the prior quarter.
  • The five-year high for Gross Margin was 8145.5% in Q4 2025, with the low at 28.43% in Q1 2023.
  • Average Gross Margin over 5 years is 547.65%, with a median of 40.19% recorded in 2024.
  • Year-over-year, Gross Margin tumbled 4730 bps in 2023 and jumped 810371 bps in 2025.
  • Fulgent Genetics' Gross Margin stood at 43.63% in 2022, then retreated by 18 bps to 35.78% in 2023, then climbed by 17 bps to 41.79% in 2024, then soared by 19392 bps to 8145.5% in 2025, then tumbled by 100 bps to 30.21% in 2026.
  • Business Quant data shows FLGT's Gross Margin at 30.21% in Q1 2026, 8145.5% in Q4 2025, and 42.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 70.37%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 63.35%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 99.91%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 53.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 32.64%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 58.68%
10 Fulgent Genetics 642.94 Mn 360.99 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%