Fulgent Genetics (FLGT) Tax Rate (2016 - 2026)
Fulgent Genetics (FLGT) posted Tax Rate of 2.69% for Q1 2026, up 119.5% sequentially from 13.82% in Q4 2025, and up 440.0% YoY from 0.5% in Q1 2025.
Fulgent Genetics (FLGT) Tax Rate (2016 - 2026) Analysis & Trends
Fulgent Genetics (FLGT) has 11 years of Tax Rate data on file, last reported at 2.69% in Q1 2026.
- Quarterly Tax Rate rose 440.0% year-over-year to 2.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 36.37% (up 1920.0% YoY) and the FY2025 annual result came in at 87.83%, up 7045.0% from the prior year.
- Tax Rate advanced to 2.69% in Q1 2026 per FLGT's latest filing, from 13.82% in the prior quarter.
- The five-year high for Tax Rate was 295.92% in Q3 2023, with the low at 983.77% in Q4 2023.
- Average Tax Rate over 5 years is 25.54%, with a median of 19.29% recorded in 2022.
- Year-over-year, Tax Rate sank 101182 bps in 2023 and soared 104770 bps in 2024.
- Fulgent Genetics' Tax Rate stood at 28.05% in 2022, then plunged by 3607 bps to 983.77% in 2023, then surged by 106 bps to 63.92% in 2024, then sank by 122 bps to 13.82% in 2025, then jumped by 119 bps to 2.69% in 2026.
- Business Quant data shows FLGT's Tax Rate at 2.69% in Q1 2026, 13.82% in Q4 2025, and 9.32% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 21.66% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -0.35% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 16.91% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 19.17% |
| 10 | Fulgent Genetics | 642.94 Mn | 360.99 Mn | 21.49 Mn | 2.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.69% |
| Mar 31, 2026 | 2.69% |
| Dec 31, 2025 | -13.82% |
| Dec 31, 2025 | -13.82% |
| Sep 30, 2025 | 9.32% |
| Sep 30, 2025 | 9.32% |
| Jun 30, 2025 | 10.69% |
| Jun 30, 2025 | 10.69% |
| Mar 31, 2025 | -1.71% |
| Mar 31, 2025 | -1.71% |
| Dec 31, 2024 | 63.92% |
| Dec 31, 2024 | 63.92% |
| Sep 30, 2024 | 20.71% |
| Sep 30, 2024 | 20.71% |
| Jun 30, 2024 | 18.94% |
| Jun 30, 2024 | 18.94% |
| Mar 31, 2024 | 2.31% |
| Mar 31, 2024 | 2.31% |
| Dec 31, 2023 | -983.77% |
| Dec 31, 2023 | -983.77% |