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| Date | Value |
|---|---|
| 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 |