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
DateValue
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