Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026)
Fulgent Genetics (FLGT) posted Tax Provisions of -$700000.0 for Q1 2026, up 84.41% sequentially from -$4.5 million in Q4 2025, and down 450.0% YoY from $200000.0 in Q1 2025.
Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 11 years of Tax Provisions data on file, last reported at -$700000.0 in Q1 2026.
- Quarterly Tax Provisions fell 450.0% year-over-year to -$700000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.2 million (down 7.52% YoY) and the FY2025 annual result came in at -$7.3 million, up 10.77% from the prior year.
- Tax Provisions improved to -$700000.0 in Q1 2026 per FLGT's latest filing, from -$4.5 million in the prior quarter.
- The five-year high for Tax Provisions was $48.4 million in Q1 2022, with the low at -$22.3 million in Q4 2023.
- Average Tax Provisions over 5 years is $920941.2, with a median of -$1.9 million recorded in 2024.
- Year-over-year, Tax Provisions surged 4803.38% in 2023 and slumped 450.0% in 2026.
- Fulgent Genetics' Tax Provisions stood at -$9.4 million in 2022, then tumbled by 137.72% to -$22.3 million in 2023, then jumped by 91.69% to -$1.9 million in 2024, then sank by 142.05% to -$4.5 million in 2025, then soared by 84.41% to -$700000.0 in 2026.
- Business Quant data shows FLGT's Tax Provisions at -$700000.0 in Q1 2026, -$4.5 million in Q4 2025, and -$700000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 300,000.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 69.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 59.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 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 |