Fulgent Genetics (FLGT) Operating Income (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Operating Income came in at -$36.1 million in Q2 2026, down 82.99% year-over-year from -$212.1 million in Q2 2025, and down 4.19% quarter-over-quarter from -$34.6 million in Q1 2026.
Analysis
Fulgent Genetics (FLGT) Operating Income (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Operating Income across 12 years of filings, most recently posting -$36.1 million for Q2 2026.
- In Q2 2026, Operating Income fell 82.99% year-over-year to -$36.1 million; the TTM figure through Jun 2026 stood at -$86.5 million (down 19.01% YoY), while the FY2025 annual figure was -$91.1 million, down 23.24% from the prior year.
- Operating Income came in at -$36.1 million for Q2 2026 at Fulgent Genetics, down from -$34.6 million 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.
- Average Operating Income over 5 years is -$12.1 million, with a median of -$19.3 million recorded in 2024.
- Year-over-year, Operating Income plunged 8080.84% in 2024 and surged 96.9% in 2025.
- Over 5 years, Operating Income stood at -$36.6 million in 2022, then plunged by 313.44% 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 7114.6% to -$36.1 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$36.1 million in Q2 2026, -$34.6 million in Q1 2026, and -$500000.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | -75.79 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 459.00 Mn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 451.60 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | -129.12 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | -75.91 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 26.93 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 109.81 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 5.50 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | -15.77 Mn |
| 10 | Fulgent Genetics | 596.80 Mn | 334.14 Mn | 25.68 Mn | -36.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.07 Mn |
| 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 | -36.55 Mn |
| 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 |