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
DateValue
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