Fulgent Genetics (FLGT) Operating Margin (2015 - 2026)
Fulgent Genetics (FLGT) posted Operating Margin of 48.67% for Q1 2026, up 61.06% sequentially from 125.0% in Q4 2025, and down 2172.0% YoY from 2.35% in Q1 2025.
Fulgent Genetics (FLGT) Operating Margin (2015 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 12 years of Operating Margin data on file, last reported at 48.67% in Q1 2026.
- Quarterly Operating Margin fell 2172.0% year-over-year to 48.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.56% (down 497.0% YoY) and the FY2025 annual result came in at 4.56%, up 2152.0% from the prior year.
- Operating Margin advanced to 48.67% in Q1 2026 per FLGT's latest filing, from 125.0% in the prior quarter.
- The five-year high for Operating Margin was 63.05% in Q1 2022, with the low at 214.34% in Q4 2023.
- Average Operating Margin over 5 years is 34.72%, with a median of 25.36% recorded in 2024.
- Year-over-year, Operating Margin surged 19317 bps in 2024 and plunged 10383 bps in 2025.
- Fulgent Genetics' Operating Margin stood at 0.33% in 2022, then slumped by 64436 bps to 214.34% in 2023, then surged by 90 bps to 21.17% in 2024, then tumbled by 490 bps to 125.0% in 2025, then soared by 61 bps to 48.67% in 2026.
- Business Quant data shows FLGT's Operating Margin at 48.67% in Q1 2026, 125.0% in Q4 2025, and 18.26% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 31.78% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -13.42% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 21.74% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 12.38% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 25.23% |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 Mn | 21.49 Mn | -48.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -48.67% |
| Dec 31, 2025 | -125.00% |
| Sep 30, 2025 | -18.26% |
| Jun 30, 2025 | -24.10% |
| Mar 31, 2025 | -26.95% |
| Dec 31, 2024 | -21.17% |
| Sep 30, 2024 | -23.81% |
| Jun 30, 2024 | -26.62% |
| Mar 31, 2024 | -33.80% |
| Dec 31, 2023 | -214.34% |
| Sep 30, 2023 | 0.25% |
| Jun 30, 2023 | -29.18% |
| Mar 31, 2023 | -37.52% |
| Sep 30, 2022 | 0.33% |
| Jun 30, 2022 | 10.21% |
| Mar 31, 2022 | 63.05% |
| Dec 31, 2021 | 59.94% |
| Sep 30, 2021 | 69.90% |
| Jun 30, 2021 | 64.38% |
| Mar 31, 2021 | 74.26% |