Fulgent Genetics (FLGT) Tax Rate (2016 - 2026)
Fulgent Genetics' (FLGT) quarterly Tax Rate came in at 2.69% in Q1 2026, up 440.0% year-on-year from 0.5% in Q1 2025, and up 119.5% quarter-over-quarter from 13.82% in Q4 2025.
Fulgent Genetics (FLGT) Tax Rate (2016 - 2026) Analysis & Trends
Fulgent Genetics has disclosed Tax Rate across 11 years of filings, most recently posting 2.69% for Q1 2026.
- Tax Rate for Q1 2026 came in at 2.69%, up 440.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 36.37% (up 1920.0% YoY), and the FY2025 annual result was 87.83%, up 7045.0% from the prior year.
- Tax Rate came in at 2.69% for Q1 2026 at Fulgent Genetics, up from 13.82% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 295.92% in Q3 2023 to a low of 983.77% in Q4 2023.
- The 5-year median for Tax Rate is 19.29% (2022), against an average of 25.54%.
- Across the five-year window, Tax Rate tumbled 101182 bps in 2023 and surged 104770 bps in 2024, its largest moves.
- Fulgent Genetics' Tax Rate stood at 28.05% in 2022, then tumbled by 3607 bps to 983.77% in 2023, then surged by 106 bps to 63.92% in 2024, then plunged by 122 bps to 13.82% in 2025, then jumped by 119 bps to 2.69% in 2026.
- The last three Tax Rate figures came in at 2.69% (Q1 2026), 13.82% (Q4 2025), and 9.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Fulgent Genetics | 574.08 Mn | 292.12 Mn | 21.49 Mn | 2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.69% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | -13.82% |
| Dec 31, 2025 | -13.82% |
| Sep 30, 2025 | 9.32% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 10.69% |
| Jun 30, 2025 | 10.69% |
| Mar 31, 2025 | -1.71% |
| Mar 31, 2025 | -1.71% |
| Dec 31, 2024 | 63.92% |
| Dec 31, 2024 | 63.92% |
| Sep 30, 2024 | 20.71% |
| Sep 30, 2024 | 20.71% |
| Jun 30, 2024 | 18.94% |
| Jun 30, 2024 | 18.94% |
| Mar 31, 2024 | 2.31% |
| Mar 31, 2024 | 2.31% |
| Dec 31, 2023 | -983.77% |
| Dec 31, 2023 | -983.77% |