Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026)
Fulgent Genetics' (FLGT) quarterly Tax Provisions came in at $30000.0 in Q2 2026, up 101.3% year-over-year from $14902.8 in Q2 2025, and up 104.26% quarter-over-quarter from -$704000.0 in Q1 2026.
Analysis
Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Tax Provisions across 11 years of filings, most recently posting $30000.0 for Q2 2026.
- In Q2 2026, Tax Provisions rose 101.3% year-over-year to $30000.0; the TTM figure through Jun 2026 stood at -$13.3 million (down 70.81% YoY), while the FY2025 annual figure was -$14.7 million, down 80.74% from the prior year.
- Tax Provisions came in at $30000.0 for Q2 2026 at Fulgent Genetics, up from -$704000.0 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.
- Average Tax Provisions over 5 years is $462944.4, with a median of -$1.3 million recorded in 2024.
- Year-over-year, Tax Provisions soared 4809.66% in 2023 and slumped 548.42% in 2025.
- Over 5 years, Tax Provisions stood at -$9.4 million in 2022, then tumbled by 137.89% to -$22.3 million in 2023, then soared by 91.78% to -$1.8 million in 2024, then tumbled by 548.42% to -$11.9 million in 2025, then surged by 100.25% to $30000.0 in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $30000.0 in Q2 2026, -$704000.0 in Q1 2026, and -$11.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | -300,000.00 |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 88.00 Mn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 87.30 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 185,000.00 |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 309,000.00 |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 23,000.00 |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 24.41 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | -536,000.00 |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | - |
| 10 | Fulgent Genetics | 596.80 Mn | 334.14 Mn | 25.68 Mn | 30,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30,000.00 |
| Mar 31, 2026 | -704,000.00 |
| Dec 31, 2025 | -11.91 Mn |
| Sep 30, 2025 | -700,000.00 |
| Jun 30, 2025 | -2.30 Mn |
| Mar 31, 2025 | 200,000.00 |
| Dec 31, 2024 | -1.84 Mn |
| Sep 30, 2024 | -3.84 Mn |
| Jun 30, 2024 | -2.12 Mn |
| Mar 31, 2024 | -327,000.00 |
| Dec 31, 2023 | -22.33 Mn |
| Sep 30, 2023 | 20.33 Mn |
| Jun 30, 2023 | -3.11 Mn |
| Mar 31, 2023 | -5.20 Mn |
| Dec 31, 2022 | -9.39 Mn |
| Sep 30, 2022 | 414,000.00 |
| Jun 30, 2022 | 2.70 Mn |
| Mar 31, 2022 | 48.42 Mn |
| Dec 31, 2021 | 47.15 Mn |
| Sep 30, 2021 | 37.55 Mn |