Fulgent Genetics (FLGT) Operating Income (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Operating Income came in at -$34.6 million in Q1 2026, down 74.9% year-on-year from -$138.0 million in Q1 2025, and down 6824.4% quarter-over-quarter from -$500000.0 in Q4 2025.
Fulgent Genetics (FLGT) Operating Income (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Operating Income across 12 years of filings, most recently posting -$34.6 million for Q1 2026.
- Operating Income for Q1 2026 came in at -$34.6 million, down 74.9% year-over-year; the trailing twelve-month figure through Mar 2026 was -$70.2 million (up 2.41% YoY), and the FY2025 annual result was -$14.7 million, up 80.11% from the prior year.
- Operating Income came in at -$34.6 million for Q1 2026 at Fulgent Genetics, down from -$500000.0 in the prior quarter.
- In the past five years, Operating Income ranged from a high of $201.9 million in Q1 2022 to a low of -$151.1 million in Q4 2023.
- The 5-year median for Operating Income is -$17.1 million (2024), against an average of -$8.4 million.
- Across the five-year window, Operating Income slumped 18990.12% in 2023 and jumped 96.9% in 2025, its largest moves.
- Fulgent Genetics' Operating Income stood at $800000.0 in 2022, then plunged by 18990.12% to -$151.1 million in 2023, then soared by 89.32% to -$16.1 million in 2024, then surged by 96.9% to -$500000.0 in 2025, then tumbled by 6824.4% to -$34.6 million in 2026.
- The last three Operating Income figures came in at -$34.6 million (Q1 2026), -$500000.0 (Q4 2025), and -$15.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -47.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 1.86 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 1.34 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 362.59 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 399.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 514.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -93.52 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 209.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 238.95 Mn |
| 10 | Fulgent Genetics | 574.08 Mn | 292.12 Mn | 21.49 Mn | -34.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -34.62 Mn |
| Dec 31, 2025 | -500,000.00 |
| Sep 30, 2025 | -15.35 Mn |
| Jun 30, 2025 | -19.71 Mn |
| Mar 31, 2025 | -19.80 Mn |
| Dec 31, 2024 | -16.14 Mn |
| Sep 30, 2024 | -17.08 Mn |
| Jun 30, 2024 | -18.91 Mn |
| Mar 31, 2024 | -21.80 Mn |
| Dec 31, 2023 | -151.12 Mn |
| Sep 30, 2023 | 214,000.00 |
| Jun 30, 2023 | -19.80 Mn |
| Mar 31, 2023 | -24.82 Mn |
| Dec 31, 2022 | 800,000.00 |
| Sep 30, 2022 | 352,000.00 |
| Jun 30, 2022 | 12.79 Mn |
| Mar 31, 2022 | 201.93 Mn |
| Dec 31, 2021 | 150.86 Mn |
| Sep 30, 2021 | 159.27 Mn |
| Jun 30, 2021 | 98.90 Mn |