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| Date | Value |
|---|---|
| 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 |