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
DateValue
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