Fulgent Genetics (FLGT) Operating Leases (2019 - 2026)
Fulgent Genetics (FLGT) posted Operating Leases of $6.0 million for Q1 2026, up 58.9% sequentially from $3.8 million in Q4 2025, and up 54.33% YoY from $3.9 million in Q1 2025.
Fulgent Genetics (FLGT) Operating Leases (2019 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 7 years of Operating Leases data on file, last reported at $6.0 million in Q1 2026.
- Quarterly Operating Leases rose 54.33% year-over-year to $6.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.0 million (up 54.33% YoY) and the FY2025 annual result came in at $3.8 million, down 8.23% from the prior year.
- Operating Leases improved to $6.0 million in Q1 2026 per FLGT's latest filing, from $3.8 million in the prior quarter.
- The five-year high for Operating Leases was $8.8 million in Q4 2022, with the low at $3.6 million in Q3 2025.
- Average Operating Leases over 5 years is $5.4 million, with a median of $4.7 million recorded in 2024.
- Year-over-year, Operating Leases plunged 47.38% in 2025 and soared 54.33% in 2026.
- Fulgent Genetics' Operating Leases stood at $8.8 million in 2022, then dropped by 18.74% to $7.1 million in 2023, then tumbled by 42.35% to $4.1 million in 2024, then decreased by 8.23% to $3.8 million in 2025, then jumped by 58.9% to $6.0 million in 2026.
- Business Quant data shows FLGT's Operating Leases at $6.0 million in Q1 2026, $3.8 million in Q4 2025, and $3.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 Mn | 21.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.01 Mn |
| Dec 31, 2025 | 3.78 Mn |
| Sep 30, 2025 | 3.62 Mn |
| Jun 30, 2025 | 3.77 Mn |
| Mar 31, 2025 | 3.89 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 4.66 Mn |
| Jun 30, 2024 | 7.16 Mn |
| Mar 31, 2024 | 6.58 Mn |
| Dec 31, 2023 | 7.15 Mn |
| Dec 31, 2022 | 8.80 Mn |
| Dec 31, 2020 | 568,000.00 |
| Sep 30, 2020 | 2.23 Mn |
| Jun 30, 2020 | 2.36 Mn |
| Mar 31, 2020 | 2.14 Mn |
| Dec 31, 2019 | 2.26 Mn |
| Sep 30, 2019 | 2.37 Mn |
| Jun 30, 2019 | 2.39 Mn |
| Mar 31, 2019 | 2.49 Mn |