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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 21.36% |
| 10 | Fulgent Genetics | 517.81 Mn | 260.78 Mn | 25.68 Mn | -0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.10% |
| Jun 30, 2026 | -0.10% |
| Jun 30, 2026 | -0.10% |
| Mar 31, 2026 | 2.69% |
| Mar 31, 2026 | 2.69% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | -28.10% |
| Dec 31, 2025 | -28.10% |
| Dec 31, 2025 | -28.10% |
| Sep 30, 2025 | 9.32% |
| Sep 30, 2025 | 9.32% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 10.52% |
| Jun 30, 2025 | 10.52% |
| Jun 30, 2025 | 10.52% |
| Mar 31, 2025 | -1.71% |
| Mar 31, 2025 | -1.71% |
| Mar 31, 2025 | -1.71% |
| Dec 31, 2024 | -65.47% |
| Dec 31, 2024 | -65.47% |