Fulgent Genetics FLGT
NASDAQ FLGT
$19.93 +0.12 (+0.61%)
As of: Aug 27, 2026 · 3:59 PM EDT

Fulgent Genetics (FLGT) Tax Rate (2016 - 2026)

Fulgent Genetics (FLGT) posted Tax Rate of 0.1% for Q2 2026, down 103.73% sequentially from 2.71% in Q1 2026, and down 1079.0% YoY from 0.01% in Q2 2025.

Fulgent Genetics (FLGT) Tax Rate (2016 - 2026) Analysis & Trends

Fulgent Genetics has reported Tax Rate for 11 years, with the latest figure at 0.1% in Q2 2026.

  • Quarterly Tax Rate fell 1079.0% year-over-year to 0.1% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.36% (up 137.0% YoY) and the FY2025 annual result came in at 21.0%, up 534.0% from the prior year.
  • Tax Rate slipped to 0.1% in Q2 2026 per FLGT's latest filing, from 2.71% in the prior quarter.
  • Over five years, Tax Rate peaked at 296.3% in Q3 2023 and troughed at 1.71% in Q1 2025.
  • A 5-year average of 32.17% and a median of 20.17% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 27273 bps in 2023, then plunged 27559 bps in 2024.
  • Over 5 years, Tax Rate stood at 28.05% in 2022, then plunged by 45 bps to 15.38% in 2023, then jumped by 48 bps to 22.82% in 2024, then surged by 78 bps to 40.67% in 2025, then slumped by 100 bps to 0.1% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.1%, 2.71%, and 40.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 234.15 Bn 230.09 Bn 8.34 Bn 8.68%
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 19.29%
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 0.45%
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 19.93%
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 18.89%
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 19.52%
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 22.59%
10 Fulgent Genetics 557.44 Mn 300.41 Mn 25.68 Mn -0.10%

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.10
Jun 30, 2026 -0.10
Jun 30, 2026 -0.10
Mar 31, 2026 2.71
Mar 31, 2026 2.71
Mar 31, 2026 2.71
Dec 31, 2025 40.67
Dec 31, 2025 40.67
Dec 31, 2025 40.67
Sep 30, 2025 9.32
Sep 30, 2025 9.32
Sep 30, 2025 9.32
Jun 30, 2025 10.69
Jun 30, 2025 10.69
Jun 30, 2025 10.69
Mar 31, 2025 -1.71
Mar 31, 2025 -1.71
Mar 31, 2025 -1.71
Dec 31, 2024 22.82
Dec 31, 2024 22.82