Fulgent Genetics (FLGT) Operating Expenses (2015 - 2026)
Fulgent Genetics (FLGT) posted Operating Expenses of $61.8 million for Q2 2026, up 10.05% sequentially from $56.1 million in Q1 2026, and up 14.04% YoY from $54.1 million in Q2 2025.
Fulgent Genetics (FLGT) Operating Expenses (2015 - 2026) Analysis & Trends
Fulgent Genetics has reported Operating Expenses for 12 years, with the latest figure at $61.8 million in Q2 2026.
- Quarterly Operating Expenses rose 14.04% year-over-year to $61.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $237.5 million (up 22.37% YoY) and the FY2025 annual result came in at $222.0 million, up 22.55% from the prior year.
- Operating Expenses climbed to $61.8 million in Q2 2026 per FLGT's latest filing, from $56.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $176.4 million in Q4 2023 and troughed at $39.6 million in Q3 2023.
- A 5-year average of $56.1 million and a median of $48.1 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 255.98% in 2023, then tumbled 72.79% in 2024.
- Over 5 years, Operating Expenses stood at $49.5 million in 2022, then surged by 255.98% to $176.4 million in 2023, then plunged by 72.79% to $48.0 million in 2024, then jumped by 43.42% to $68.8 million in 2025, then decreased by 10.27% to $61.8 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $61.8 million, $56.1 million, and $68.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.77 Bn | 209.71 Bn | 8.34 Bn | 9.91 Bn |
| 2 | Danaher | 139.78 Bn | 135.43 Bn | 3.61 Bn | 2.48 Bn |
| 3 | Idexx Laboratories | 46.04 Bn | 45.85 Bn | 779.09 Mn | 353.52 Mn |
| 4 | Agilent Technologies | 39.68 Bn | 37.88 Bn | 990.00 Mn | 1.44 Bn |
| 5 | Iqvia Holdings | 39.34 Bn | 37.26 Bn | 1.44 Bn | 637.00 Mn |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Illumina | 29.90 Bn | 28.73 Bn | 770.00 Mn | 525.00 Mn |
| 8 | Mettler Toledo International | 28.58 Bn | 28.53 Bn | 650.22 Mn | 321.77 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 2.58 Bn |
| 10 | Fulgent Genetics | 517.81 Mn | 260.78 Mn | 25.68 Mn | 61.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 61.75 Mn |
| Mar 31, 2026 | 56.11 Mn |
| Dec 31, 2025 | 68.82 Mn |
| Sep 30, 2025 | 50.86 Mn |
| Jun 30, 2025 | 54.15 Mn |
| Mar 31, 2025 | 48.14 Mn |
| Dec 31, 2024 | 47.98 Mn |
| Sep 30, 2024 | 43.85 Mn |
| Jun 30, 2024 | 45.40 Mn |
| Mar 31, 2024 | 43.90 Mn |
| Dec 31, 2023 | 176.35 Mn |
| Sep 30, 2023 | 39.63 Mn |
| Jun 30, 2023 | 40.37 Mn |
| Mar 31, 2023 | 43.64 Mn |
| Dec 31, 2022 | 49.54 Mn |
| Sep 30, 2022 | 45.74 Mn |
| Jun 30, 2022 | 52.48 Mn |
| Mar 31, 2022 | 40.61 Mn |
| Dec 31, 2021 | 38.68 Mn |
| Sep 30, 2021 | 25.13 Mn |