Fulgent Genetics (FLGT) Research & Development (2015 - 2026)
Fulgent Genetics' (FLGT) quarterly Research & Development came in at $15.2 million in Q2 2026, up 12.97% year-over-year from $13.5 million in Q2 2025, and up 7.42% quarter-over-quarter from $14.2 million in Q1 2026.
Analysis
Fulgent Genetics (FLGT) Research & Development (2015 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Research & Development across 12 years of filings, most recently posting $15.2 million for Q2 2026.
- In Q2 2026, Research & Development rose 12.97% year-over-year to $15.2 million; the TTM figure through Jun 2026 stood at $57.4 million (up 15.4% YoY), while the FY2025 annual figure was $53.9 million, up 10.42% from the prior year.
- Research & Development came in at $15.2 million for Q2 2026 at Fulgent Genetics, up from $14.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $15.2 million in Q2 2026 to a low of $7.9 million in Q1 2022.
- Average Research & Development over 5 years is $11.8 million, with a median of $11.6 million recorded in 2024.
- Year-over-year, Research & Development surged 104.56% in 2022 and retreated 1.32% in 2023.
- Over 5 years, Research & Development stood at $10.3 million in 2022, then advanced by 2.41% to $10.5 million in 2023, then gained by 15.36% to $12.1 million in 2024, then rose by 16.98% to $14.2 million in 2025, then climbed by 7.47% to $15.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $15.2 million in Q2 2026, $14.2 million in Q1 2026, and $14.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 228.07 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | - |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | - |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 189.95 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 52.64 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 53.76 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | - |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 17.32 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 26.41 Mn |
| 10 | Fulgent Genetics | 596.80 Mn | 334.14 Mn | 25.68 Mn | 15.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.23 Mn |
| 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 | 10.50 Mn |
| Sep 30, 2023 | 10.16 Mn |
| Jun 30, 2023 | 10.72 Mn |
| Mar 31, 2023 | 10.08 Mn |
| Dec 31, 2022 | 10.25 Mn |
| Sep 30, 2022 | 9.86 Mn |
| Jun 30, 2022 | 10.87 Mn |
| Mar 31, 2022 | 7.94 Mn |
| Dec 31, 2021 | 8.20 Mn |
| Sep 30, 2021 | 6.02 Mn |