Fulgent Genetics FLGT
NASDAQ FLGT
$21.69 -0.16 (-0.73%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Fulgent Genetics' (FLGT) quarterly Tax Rate came in at 0.1% in Q2 2026, down 1079.0% year-over-year from 0.01% in Q2 2025, and down 103.73% quarter-over-quarter from 2.71% in Q1 2026.

Analysis

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

Fulgent Genetics has disclosed Tax Rate across 11 years of filings, most recently posting 0.1% for Q2 2026.

  • In Q2 2026, Tax Rate fell 1079.0% year-over-year to 0.1%; the TTM figure through Jun 2026 stood at 14.36% (up 137.0% YoY), while the FY2025 annual figure was 21.0%, up 534.0% from the prior year.
  • Tax Rate came in at 0.1% for Q2 2026 at Fulgent Genetics, down from 2.71% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 296.3% in Q3 2023 to a low of 1.71% in Q1 2025.
  • Average Tax Rate over 5 years is 32.17%, with a median of 20.17% recorded in 2022.
  • Year-over-year, Tax Rate soared 27273 bps in 2023 and tumbled 27559 bps in 2024.
  • Over 5 years, Tax Rate stood at 28.05% in 2022, then slumped by 45 bps to 15.38% in 2023, then surged by 48 bps to 22.82% in 2024, then soared by 78 bps to 40.67% in 2025, then plunged by 100 bps to 0.1% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.1% in Q2 2026, 2.71% in Q1 2026, and 40.67% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Natera 53.05 Bn 51.95 Bn 486.15 Mn 0.45%
2 Quest Diagnostics 27.19 Bn 26.87 Bn 1.03 Bn 21.36%
3 Labcorp Holdings 25.93 Bn 25.81 Bn 1.11 Bn 22.59%
4 Guardant Health 23.97 Bn 22.91 Bn 219.03 Mn -0.15%
5 Tempus AI 13.64 Bn 12.82 Bn 274.25 Mn 3.51%
6 Caris Life Sciences 8.47 Bn 7.68 Bn 182.38 Mn -3.75%
7 Sotera Health 5.35 Bn 4.99 Bn 177.96 Mn 31.27%
8 BillionToOne 4.96 Bn 4.41 Bn 77.11 Mn -7.13%
9 Adaptive Biotechnologies 4.55 Bn 4.21 Bn 51.39 Mn -
10 Fulgent Genetics 596.80 Mn 334.14 Mn 25.68 Mn -0.10%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.10%
Mar 31, 2026 2.71%
Dec 31, 2025 40.67%
Sep 30, 2025 9.32%
Jun 30, 2025 10.69%
Mar 31, 2025 -1.71%
Dec 31, 2024 22.82%
Sep 30, 2024 20.71%
Jun 30, 2024 18.94%
Mar 31, 2024 2.31%
Dec 31, 2023 15.38%
Sep 30, 2023 296.30%
Jun 30, 2023 21.16%
Mar 31, 2023 24.70%
Dec 31, 2022 28.05%
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%