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
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