Fulgent Genetics (FLGT) Net Income (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Net Income came in at -$25.3 million in Q1 2026, down 112.01% year-on-year from $210.5 million in Q1 2025, and down 168.37% quarter-over-quarter from $37.0 million in Q4 2025.
Fulgent Genetics (FLGT) Net Income (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Net Income across 11 years of filings, most recently posting -$25.3 million for Q1 2026.
- Net Income for Q1 2026 came in at -$25.3 million, down 112.01% year-over-year; the trailing twelve-month figure through Mar 2026 was -$14.3 million (up 61.01% YoY), and the FY2025 annual result was -$1.0 million, up 97.4% from the prior year.
- Net Income came in at -$25.3 million for Q1 2026 at Fulgent Genetics, down from $37.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $153.6 million in Q1 2022 to a low of -$25.3 million in Q1 2026.
- The 5-year median for Net Income is -$11.6 million (2023), against an average of $3.6 million.
- Across the five-year window, Net Income plunged 1100.74% in 2023 and soared 3631.52% in 2025, its largest moves.
- Fulgent Genetics' Net Income stood at -$24.1 million in 2022, then soared by 202.09% to $24.6 million in 2023, then tumbled by 104.26% to -$1.0 million in 2024, then jumped by 3631.52% to $37.0 million in 2025, then tumbled by 168.37% to -$25.3 million in 2026.
- The last three Net Income figures came in at -$25.3 million (Q1 2026), $37.0 million (Q4 2025), and -$6.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | -72.00 Mn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 1.66 Bn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 1.03 Bn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 278.45 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 339.00 Mn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | -85.11 Mn |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 269.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 134.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 169.45 Mn |
| 10 | Fulgent Genetics | 570.68 Mn | 288.72 Mn | 21.49 Mn | -25.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.28 Mn |
| Dec 31, 2025 | 36.98 Mn |
| Sep 30, 2025 | -6.81 Mn |
| Jun 30, 2025 | -19.22 Mn |
| Mar 31, 2025 | -11.92 Mn |
| Dec 31, 2024 | -1.05 Mn |
| Sep 30, 2024 | -14.69 Mn |
| Jun 30, 2024 | -9.09 Mn |
| Mar 31, 2024 | -13.85 Mn |
| Dec 31, 2023 | 24.58 Mn |
| Sep 30, 2023 | -13.44 Mn |
| Jun 30, 2023 | -11.60 Mn |
| Mar 31, 2023 | -15.85 Mn |
| Dec 31, 2022 | -24.08 Mn |
| Sep 30, 2022 | 1.34 Mn |
| Jun 30, 2022 | 11.10 Mn |
| Mar 31, 2022 | 153.56 Mn |
| Dec 31, 2021 | 103.68 Mn |
| Sep 30, 2021 | 122.22 Mn |
| Jun 30, 2021 | 75.91 Mn |