Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026)
Fulgent Genetics' (FLGT) quarterly Tax Provisions came in at -$700000.0 in Q1 2026, down 450.0% year-on-year from $200000.0 in Q1 2025, and up 84.41% quarter-over-quarter from -$4.5 million in Q4 2025.
Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Tax Provisions across 11 years of filings, most recently posting -$700000.0 for Q1 2026.
- Tax Provisions for Q1 2026 came in at -$700000.0, down 450.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$8.2 million (down 7.52% YoY), and the FY2025 annual result was -$7.3 million, up 10.77% from the prior year.
- Tax Provisions came in at -$700000.0 for Q1 2026 at Fulgent Genetics, up from -$4.5 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $48.4 million in Q1 2022 to a low of -$22.3 million in Q4 2023.
- The 5-year median for Tax Provisions is -$1.9 million (2024), against an average of $920941.2.
- Across the five-year window, Tax Provisions jumped 4803.38% in 2023 and plunged 450.0% in 2026, its largest moves.
- Fulgent Genetics' Tax Provisions stood at -$9.4 million in 2022, then slumped by 137.72% to -$22.3 million in 2023, then jumped by 91.69% to -$1.9 million in 2024, then plunged by 142.05% to -$4.5 million in 2025, then soared by 84.41% to -$700000.0 in 2026.
- The last three Tax Provisions figures came in at -$700000.0 (Q1 2026), -$4.5 million (Q4 2025), and -$700000.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 69.00 Mn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 300,000.00 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 59.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Fulgent Genetics | 570.68 Mn | 288.72 Mn | 21.49 Mn | -700,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -700,000.00 |
| Dec 31, 2025 | -4.49 Mn |
| Sep 30, 2025 | -700,000.00 |
| Jun 30, 2025 | -2.30 Mn |
| Mar 31, 2025 | 200,000.00 |
| Dec 31, 2024 | -1.86 Mn |
| Sep 30, 2024 | -3.84 Mn |
| Jun 30, 2024 | -2.12 Mn |
| Mar 31, 2024 | -327,000.00 |
| Dec 31, 2023 | -22.31 Mn |
| Sep 30, 2023 | 20.30 Mn |
| Jun 30, 2023 | -3.10 Mn |
| Mar 31, 2023 | -5.20 Mn |
| Dec 31, 2022 | -9.39 Mn |
| Sep 30, 2022 | 414,000.00 |
| Jun 30, 2022 | 2.65 Mn |
| Mar 31, 2022 | 48.42 Mn |
| Dec 31, 2021 | 47.15 Mn |
| Sep 30, 2021 | 37.55 Mn |
| Jun 30, 2021 | 23.59 Mn |