Fulgent Genetics (FLGT) Operating Margin (2015 - 2026)

Fulgent Genetics (FLGT) posted Operating Margin of 42.25% for Q2 2026, up 13.2% sequentially from 48.67% in Q1 2026, and down 1815.0% YoY from 2.46% in Q2 2025.

Fulgent Genetics (FLGT) Operating Margin (2015 - 2026) Analysis & Trends

Fulgent Genetics has reported Operating Margin for 12 years, with the latest figure at 42.25% in Q2 2026.

  • Quarterly Operating Margin fell 1815.0% year-over-year to 42.25% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 35.91% (down 1193.0% YoY) and the FY2025 annual result came in at 28.23%, down 216.0% from the prior year.
  • Operating Margin rose to 42.25% in Q2 2026 per FLGT's latest filing, from 48.67% in the prior quarter.
  • Over five years, Operating Margin peaked at 63.05% in Q1 2022 and troughed at 214.34% in Q4 2023.
  • A 5-year average of 32.08% and a median of 25.36% in 2024 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2023 and 2024: Operating Margin sank 23468 bps in 2023, then soared 19317 bps in 2024.
  • Over 5 years, Operating Margin stood at 20.33% in 2022, then tumbled by 1154 bps to 214.34% in 2023, then jumped by 90 bps to 21.17% in 2024, then slumped by 490 bps to 125.0% in 2025, then jumped by 66 bps to 42.25% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 42.25%, 48.67%, and 125.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Thermo Fisher Scientific 213.40 Bn 209.33 Bn 8.34 Bn 17.40%
2 Danaher 139.94 Bn 135.59 Bn 3.61 Bn 17.99%
3 Idexx Laboratories 46.03 Bn 45.83 Bn 779.09 Mn 34.98%
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 21.74%
5 Iqvia Holdings 39.32 Bn 37.24 Bn 1.44 Bn 11.58%
6 Natera 38.47 Bn 37.37 Bn 696.04 Mn -13.42%
7 Illumina 29.98 Bn 28.82 Bn 770.00 Mn 21.14%
8 Mettler Toledo International 28.57 Bn 28.52 Bn 650.22 Mn 31.97%
9 Quest Diagnostics 26.21 Bn 25.58 Bn 1.03 Bn 15.08%
10 Fulgent Genetics 515.71 Mn 258.68 Mn 25.68 Mn -42.25%

Historic Data

Download Data
DateValue
Jun 30, 2026 -42.25%
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%
Dec 31, 2022 20.33%
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%