Fulgent Genetics (FLGT) Research & Development (2015 - 2026)
Fulgent Genetics (FLGT) posted Research & Development of $14.2 million for Q1 2026, little changed sequentially from $14.2 million in Q4 2025, and up 14.37% YoY from $12.4 million in Q1 2025.
Fulgent Genetics (FLGT) Research & Development (2015 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 12 years of Research & Development data on file, last reported at $14.2 million in Q1 2026.
- Quarterly Research & Development rose 14.37% year-over-year to $14.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $55.7 million (up 11.87% YoY) and the FY2025 annual result came in at $53.9 million, up 10.42% from the prior year.
- Research & Development was little changed at $14.2 million in Q1 2026 per FLGT's latest filing, from $14.2 million in the prior quarter.
- The five-year high for Research & Development was $14.2 million in Q1 2026, with the low at $6.0 million in Q1 2022.
- Average Research & Development over 5 years is $11.0 million, with a median of $11.8 million recorded in 2024.
- Year-over-year, Research & Development jumped 63.33% in 2023 and fell 0.04% in 2025.
- Fulgent Genetics' Research & Development stood at $8.5 million in 2022, then soared by 40.46% to $12.0 million in 2023, then rose by 1.35% to $12.1 million in 2024, then climbed by 16.98% to $14.2 million in 2025, then climbed by 0.04% to $14.2 million in 2026.
- Business Quant data shows FLGT's Research & Development at $14.2 million in Q1 2026, $14.2 million in Q4 2025, and $13.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 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 |