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

Fulgent Genetics' (FLGT) quarterly Research & Development came in at $14.2 million in Q1 2026, up 14.37% year-on-year from $12.4 million in Q1 2025, and little changed quarter-over-quarter from $14.2 million in Q4 2025.

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

Fulgent Genetics has disclosed Research & Development across 12 years of filings, most recently posting $14.2 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $14.2 million, up 14.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.7 million (up 11.87% YoY), and the FY2025 annual result was $53.9 million, up 10.42% from the prior year.
  • Research & Development came in at $14.2 million for Q1 2026 at Fulgent Genetics, roughly flat from $14.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $14.2 million in Q1 2026 to a low of $6.0 million in Q1 2022.
  • The 5-year median for Research & Development is $11.8 million (2024), against an average of $11.0 million.
  • Across the five-year window, Research & Development soared 63.33% in 2023 and decreased 0.04% in 2025, its largest moves.
  • Fulgent Genetics' Research & Development stood at $8.5 million in 2022, then soared by 40.46% to $12.0 million in 2023, then climbed by 1.35% to $12.1 million in 2024, then rose by 16.98% to $14.2 million in 2025, then rose by 0.04% to $14.2 million in 2026.
  • The last three Research & Development figures came in at $14.2 million (Q1 2026), $14.2 million (Q4 2025), and $13.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 336.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 65.79 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 126.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 210.70 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 51.28 Mn
10 Fulgent Genetics 574.08 Mn 292.12 Mn 21.49 Mn 14.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 14.18 Mn
Dec 31, 2025 14.17 Mn
Sep 30, 2025 13.86 Mn
Jun 30, 2025 13.48 Mn
Mar 31, 2025 12.40 Mn
Dec 31, 2024 12.11 Mn
Sep 30, 2024 11.78 Mn
Jun 30, 2024 13.49 Mn
Mar 31, 2024 11.43 Mn
Dec 31, 2023 11.95 Mn
Sep 30, 2023 10.01 Mn
Jun 30, 2023 9.69 Mn
Mar 31, 2023 9.78 Mn
Dec 31, 2022 8.51 Mn
Sep 30, 2022 7.51 Mn
Jun 30, 2022 6.91 Mn
Mar 31, 2022 5.99 Mn
Dec 31, 2021 7.46 Mn
Sep 30, 2021 6.02 Mn
Jun 30, 2021 5.31 Mn