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