Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026)
Fulgent Genetics (FLGT) posted Tax Provisions of $30000.0 for Q2 2026, up 104.26% sequentially from -$704000.0 in Q1 2026, and up 101.3% YoY from $14902.8 in Q2 2025.
Fulgent Genetics (FLGT) Tax Provisions (2016 - 2026) Analysis & Trends
Fulgent Genetics has reported Tax Provisions for 11 years, with the latest figure at $30000.0 in Q2 2026.
- Quarterly Tax Provisions rose 101.3% year-over-year to $30000.0 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$13.3 million (down 70.81% YoY) and the FY2025 annual result came in at -$14.7 million, down 80.74% from the prior year.
- Tax Provisions grew to $30000.0 in Q2 2026 per FLGT's latest filing, from -$704000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $48.4 million in Q1 2022 and troughed at -$22.3 million in Q4 2023.
- A 5-year average of $462944.4 and a median of -$1.3 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions jumped 4809.66% in 2023, then tumbled 548.42% in 2025.
- Over 5 years, Tax Provisions stood at -$9.4 million in 2022, then sank by 137.89% to -$22.3 million in 2023, then surged by 91.78% to -$1.8 million in 2024, then sank by 548.42% to -$11.9 million in 2025, then jumped by 100.25% to $30000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $30000.0, -$704000.0, and -$11.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 167.00 Mn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 208.00 Mn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -300,000.00 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 69.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 60.00 Mn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 78.81 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 53.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 56.50 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 87.30 Mn |
| 10 | Fulgent Genetics | 557.44 Mn | 300.41 Mn | 25.68 Mn | 30,000.00 |
Historic Data
Download 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 |