Fulgent Genetics (FLGT) Research & Development (2015 - 2026)

Fulgent Genetics (FLGT) posted Research & Development of $15.2 million for Q2 2026, up 7.42% sequentially from $14.2 million in Q1 2026, and up 12.97% YoY from $13.5 million in Q2 2025.

Fulgent Genetics (FLGT) Research & Development (2015 - 2026) Analysis & Trends

Fulgent Genetics has reported Research & Development for 12 years, with the latest figure at $15.2 million in Q2 2026.

  • Quarterly Research & Development rose 12.97% year-over-year to $15.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $57.4 million (up 15.4% YoY) and the FY2025 annual result came in at $53.9 million, up 10.42% from the prior year.
  • Research & Development grew to $15.2 million in Q2 2026 per FLGT's latest filing, from $14.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $15.2 million in Q2 2026 and troughed at $7.9 million in Q1 2022.
  • A 5-year average of $11.8 million and a median of $11.6 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 104.56% in 2022, then decreased 1.32% in 2023.
  • Over 5 years, Research & Development stood at $10.3 million in 2022, then grew by 2.41% to $10.5 million in 2023, then climbed by 15.36% to $12.1 million in 2024, then advanced by 16.98% to $14.2 million in 2025, then increased by 7.47% to $15.2 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $15.2 million, $14.2 million, and $14.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Thermo Fisher Scientific 213.77 Bn 209.71 Bn 8.34 Bn 364.00 Mn
2 Danaher 139.78 Bn 135.43 Bn 3.61 Bn 412.00 Mn
3 Idexx Laboratories 46.04 Bn 45.85 Bn 779.09 Mn 171.28 Mn
4 Agilent Technologies 39.68 Bn 37.88 Bn 990.00 Mn 126.00 Mn
5 Iqvia Holdings 39.34 Bn 37.26 Bn 1.44 Bn -
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 210.70 Mn
7 Illumina 29.90 Bn 28.73 Bn 770.00 Mn 252.00 Mn
8 Mettler Toledo International 28.58 Bn 28.53 Bn 650.22 Mn 52.99 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn -
10 Fulgent Genetics 517.81 Mn 260.78 Mn 25.68 Mn 15.23 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 15.23 Mn
Mar 31, 2026 12.22 Mn
Dec 31, 2025 3.64 Mn
Sep 30, 2025 13.86 Mn
Jun 30, 2025 13.48 Mn
Mar 31, 2025 8.47 Mn
Dec 31, 2024 12.11 Mn
Sep 30, 2024 11.78 Mn
Jun 30, 2024 13.49 Mn
Mar 31, 2024 8.99 Mn
Dec 31, 2023 11.98 Mn
Sep 30, 2023 10.01 Mn
Jun 30, 2023 10.72 Mn
Mar 31, 2023 10.08 Mn
Dec 31, 2022 10.25 Mn
Sep 30, 2022 7.51 Mn
Jun 30, 2022 10.87 Mn
Mar 31, 2022 5.99 Mn
Dec 31, 2021 8.20 Mn
Sep 30, 2021 6.01 Mn