Fulgent Genetics (FLGT) Tax Rate (2016 - 2023)
Fulgent Genetics' Tax Rate came in at -0.10% for Q2 2026, down 10.79 percentage points from 10.69% a year earlier and down 2.81 percentage points from the prior quarter.
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Analysis
Fulgent Genetics (FLGT) Tax Rate (2016 - 2023) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fulgent Genetics reported Tax Rate of 7.54%, down 5.46 percentage points year-over-year; for FY2025, it came in at 11.99%, down 3.67 percentage points from FY2024.
- Tax Rate carries a five-year change of -12.88 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 15.66% in FY2024 (+16.32 pp), -0.66% in FY2023 (-23.54 pp), 22.88% in FY2022 (-2.93 pp) and 25.81% in FY2021 (+0.94 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q1 2025.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -36.75 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 272.73 percentage points), and the weakest in Q3 2024 (a drop of 275.59 percentage points).
- Business Quant data shows FLGT's Tax Rate at 2.71% (Q1 2026), 19.11% (Q4 2025) and 9.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | 22.61% |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | - |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | 21.36% |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 22.59% |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 22.01% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | - |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 23.45% |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 7.39% |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 21.10% |
| 10 | Fulgent Genetics | 562.34 Mn | -682.87 Mn | 25.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 296.30% |
| Sep 30, 2022 | 23.56% |
| Jun 30, 2022 | 19.63% |
| Mar 31, 2022 | 23.97% |
| Dec 31, 2021 | 31.26% |
| Sep 30, 2021 | 23.50% |
| Jun 30, 2021 | 23.71% |
| Mar 31, 2021 | 24.89% |
| Dec 31, 2020 | 25.86% |
| Sep 30, 2020 | 22.72% |
| Sep 30, 2019 | 3.59% |
| Jun 30, 2019 | 1.44% |
| Mar 31, 2017 | 31.36% |
| Dec 31, 2016 | 38.22% |
API Access
Fulgent Genetics Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FLGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FLGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FLGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();