Fulgent Genetics (FLGT) Operating Expenses (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Operating Expenses came in at $61.8 million in Q2 2026, up 14.04% year-over-year from $54.1 million in Q2 2025, and up 10.05% quarter-over-quarter from $56.1 million in Q1 2026.
Analysis
Fulgent Genetics (FLGT) Operating Expenses (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Operating Expenses across 12 years of filings, most recently posting $61.8 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 14.04% year-over-year to $61.8 million; the TTM figure through Jun 2026 stood at $237.5 million (up 22.37% YoY), while the FY2025 annual figure was $222.0 million, up 22.55% from the prior year.
- Operating Expenses came in at $61.8 million for Q2 2026 at Fulgent Genetics, up from $56.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $176.4 million in Q4 2023 to a low of $39.6 million in Q3 2023.
- Average Operating Expenses over 5 years is $56.1 million, with a median of $48.1 million recorded in 2024.
- Year-over-year, Operating Expenses soared 255.98% in 2023 and slumped 72.79% in 2024.
- Over 5 years, Operating Expenses stood at $49.5 million in 2022, then soared by 255.98% to $176.4 million in 2023, then slumped by 72.79% to $48.0 million in 2024, then surged by 43.42% to $68.8 million in 2025, then fell by 10.27% to $61.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $61.8 million in Q2 2026, $56.1 million in Q1 2026, and $68.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 828.54 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 2.58 Bn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 582.30 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 464.10 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 458.40 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 236.79 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 68.16 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 71.60 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 87.32 Mn |
| 10 | Fulgent Genetics | 596.80 Mn | 334.14 Mn | 25.68 Mn | 61.75 Mn |
Historic Data
Download Data
Historic 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 |