Fulgent Genetics, Inc. (FLGT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 71.14M | 83.34M | 84.07M | 81.8M | 73.46M | 76.21M | 71.74M | 71.03M | 64.48M | 70.5M | 84.69M | 67.85M | 66.17M | 67.7M | 105.66M | 125.34M | 320.27M | 251.67M | 227.87M | 153.62M |
| Revenue Growth % | -3.16% | 9.34% | 17.18% | 15.17% | 13.92% | 8.1% | -15.28% | 4.68% | -2.54% | 4.14% | -19.85% | -45.87% | -79.34% | -73.1% | -53.63% | -18.41% | -10.9% | -14.68% | 124.02% | 789.75% |
| Cost of Goods Sold | 49.65M | 50.75M | 48.56M | 47.37M | 45.12M | 44.37M | 44.97M | 44.54M | 42.38M | 45.28M | 44.84M | 47.28M | 47.36M | 54.72M | 59.56M | 60.06M | 77.72M | 62.13M | 43.47M | 35.86M |
| COGS % of Revenue | 69.79% | 60.9% | 57.76% | 57.9% | 61.41% | 58.21% | 62.68% | 62.7% | 65.72% | 64.22% | 52.95% | 69.68% | 71.57% | 80.82% | 56.37% | 47.92% | 24.27% | 24.69% | 19.08% | 23.34% |
| Gross Profit | 21.49M | 32.58M | 35.51M | 34.44M | 28.35M | 31.85M | 26.77M | 26.49M | 22.1M | 25.23M | 39.84M | 20.57M | 18.81M | 12.99M | 46.09M | 65.28M | 242.54M | 189.54M | 184.4M | 117.76M |
| Gross Margin % | 30.21% | 39.1% | 42.24% | 42.09% | 38.59% | 41.79% | 37.32% | 37.3% | 34.28% | 35.78% | 47.05% | 30.32% | 28.43% | 19.18% | 43.63% | 52.08% | 75.73% | 75.31% | 80.92% | 76.66% |
| Gross Profit Growth % | -24.19% | 2.3% | 32.65% | 29.99% | 28.24% | 26.24% | -32.81% | 28.77% | 17.51% | 94.26% | -13.56% | -68.48% | -92.24% | -93.15% | -75% | -44.57% | -15% | -22.07% | 144.39% | 1133.33% |
| Operating Expenses | 56.11M | 68.82M | 50.86M | 54.15M | 48.14M | 47.98M | 43.85M | 45.4M | 43.9M | 176.35M | 39.63M | 40.37M | 43.63M | 49.54M | 45.74M | 52.48M | 40.61M | 38.68M | 25.13M | 18.86M |
| OpEx % of Revenue | 78.88% | 82.58% | 60.5% | 66.19% | 65.53% | 62.96% | 61.12% | 63.91% | 68.08% | 250.12% | 46.8% | 59.5% | 65.95% | 73.17% | 43.29% | 41.87% | 12.68% | 15.37% | 11.03% | 12.28% |
| Selling, General & Admin | 39.91M | 52.62M | 34.98M | 38.68M | 33.76M | 33.88M | 30.07M | 29.92M | 30.48M | 42.21M | 27.66M | 28.72M | 31.89M | 39.05M | 36.13M | 41.11M | 33.72M | 30.3M | 18.31M | 13.55M |
| SG&A % of Revenue | 56.1% | 63.15% | 41.61% | 47.28% | 45.95% | 44.45% | 41.92% | 42.13% | 47.26% | 59.86% | 32.66% | 42.32% | 48.19% | 57.67% | 34.19% | 32.8% | 10.53% | 12.04% | 8.04% | 8.82% |
| Research & Development | 14.18M | 14.17M | 13.86M | 13.48M | 12.39M | 12.11M | 11.78M | 13.49M | 11.43M | 11.95M | 10.01M | 9.69M | 9.78M | 8.51M | 7.51M | 6.91M | 5.99M | 7.46M | 6.02M | 5.31M |
| R&D % of Revenue | 19.93% | 17% | 16.49% | 16.48% | 16.87% | 15.89% | 16.42% | 18.99% | 17.73% | 16.95% | 11.82% | 14.28% | 14.78% | 12.57% | 7.11% | 5.51% | 1.87% | 2.97% | 2.64% | 3.46% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 906K | 911K | 797K | 0 |
| Operating Income | -34.62M | -36.24M | -15.35M | -19.71M | -19.8M | -16.14M | -17.08M | -18.91M | -21.8M | -151.12M | 214K | -19.8M | -24.82M | -36.55M | 352K | 12.79M | 201.93M | 150.86M | 159.27M | 98.9M |
| Operating Margin % | -48.67% | -43.48% | -18.26% | -24.1% | -26.95% | -21.17% | -23.81% | -26.62% | -33.8% | -214.34% | 0.25% | -29.18% | -37.52% | -53.99% | 0.33% | 10.21% | 63.05% | 59.94% | 69.9% | 64.38% |
| Operating Income Growth % | -74.9% | -124.59% | 10.12% | -4.27% | 9.19% | 89.32% | -8080.84% | 4.51% | 12.19% | -313.44% | -39.2% | -254.74% | -112.29% | -124.23% | -99.78% | -87.06% | -24.35% | -33.22% | 150.73% | 3646.14% |
| EBITDA | -28.62M | -30.13M | -9.31M | -13.66M | -13.88M | -9.94M | -11.16M | -12.75M | -15.13M | -144.59M | 6.63M | -13.49M | -17.95M | -26.75M | 10.17M | 21.14M | 206.63M | 154.82M | 162.45M | 101.32M |
| EBITDA Margin % | -40.23% | -36.15% | -11.08% | -16.7% | -18.89% | -13.05% | -15.55% | -17.95% | -23.47% | -205.07% | 7.83% | -19.88% | -27.12% | -39.51% | 9.63% | 16.87% | 64.52% | 61.52% | 71.29% | 65.95% |
| EBITDA Growth % | -106.27% | -202.99% | 16.55% | -7.1% | 8.32% | 93.12% | -268.23% | 5.44% | 15.66% | -440.52% | -34.79% | -163.8% | -108.68% | -117.28% | -93.74% | -79.14% | -23.14% | -31.81% | 152.85% | 3077.05% |
| D&A (Non-Cash Add-back) | 6M | 6.11M | 6.04M | 6.05M | 5.92M | 6.19M | 5.92M | 6.15M | 6.66M | 6.53M | 6.42M | 6.31M | 6.88M | 9.8M | 9.82M | 8.35M | 4.7M | 3.96M | 3.17M | 2.42M |
| EBIT | -25.96M | -29.14M | -6.12M | -21.5M | -11.71M | -7.83M | -18.52M | -11.19M | -14.17M | -30.89M | 6.93M | -14.7M | -21.05M | -36.58M | 457K | 15.69M | 201.98M | 150.82M | 159.77M | 103.24M |
| Net Interest Income | 8.63M | 6.8M | 7.85M | 8.07M | 8M | 8.08M | 8.08M | 7.69M | 7.63M | 5.92M | 6.4M | 5.1M | 3.77M | 3.09M | 1.41M | 958K | 45K | 100K | 496K | 604K |
| Interest Income | 8.65M | 6.94M | 7.87M | 8.09M | 8.02M | 8.29M | 8.09M | 7.69M | 7.63M | 5.92M | 6.47M | 5.1M | 3.77M | 3.09M | 1.41M | 958K | 45K | 100K | 496K | 604K |
| Interest Expense | 17K | 134K | 28K | 17K | 14K | 210K | 14K | 0 | 0 | 0 | 70K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 8.64M | 6.96M | 9.21M | -1.81M | 8.07M | 8.09M | -1.45M | 7.69M | 7.63M | 5.92M | 6.65M | 5.1M | 3.77M | 3.09M | 1.41M | 958K | 45K | -35K | 496K | 4.34M |
| Pretax Income | -25.98M | -29.27M | -6.14M | -21.52M | -11.72M | -8.04M | -18.53M | -11.21M | -14.17M | -145.2M | 6.86M | -14.7M | -21.05M | -33.46M | 1.76M | 13.75M | 201.98M | 150.82M | 159.77M | 103.24M |
| Pretax Margin % | -36.52% | -35.13% | -7.31% | -26.31% | -15.96% | -10.56% | -25.83% | -15.79% | -21.98% | -205.94% | 8.1% | -21.66% | -31.81% | -49.42% | 1.66% | 10.97% | 63.07% | 59.93% | 70.11% | 67.2% |
| Income Tax | -704K | -5.62M | 683K | -2.26M | 176K | -1.85M | -3.84M | -2.12M | -327K | -10.86M | 20.33M | -3.11M | -5.2M | -9.39M | 414K | 2.65M | 48.42M | 47.15M | 37.55M | 23.59M |
| Effective Tax Rate % | 2.71% | 19.21% | -11.12% | 10.52% | -1.5% | 23.06% | 20.71% | 18.94% | 2.31% | 7.48% | 296.3% | 21.16% | 24.7% | 28.05% | 23.56% | 19.29% | 23.97% | 31.26% | 23.5% | 22.85% |
| Net Income | -24.83M | -23.42M | -6.61M | -18.96M | -11.53M | -5.89M | -14.65M | -8.71M | -13.46M | -128.15M | -13.11M | -11.23M | -15.34M | -23.83M | 1.72M | 11.54M | 153.98M | 104.34M | 122.52M | 79.81M |
| Net Margin % | -34.9% | -28.1% | -7.86% | -23.17% | -15.7% | -7.73% | -20.42% | -12.26% | -20.88% | -181.76% | -15.48% | -16.55% | -23.18% | -35.2% | 1.63% | 9.2% | 48.08% | 41.46% | 53.77% | 51.96% |
| Net Income Growth % | -115.32% | -297.72% | 54.89% | -117.65% | 14.35% | 95.41% | -11.76% | 22.43% | 12.24% | -437.72% | -862.48% | -197.33% | -109.96% | -122.84% | -98.6% | -85.54% | -23.28% | -37.26% | 162.71% | 2303.25% |
| Net Income (Continuing) | -25.27M | -23.65M | -6.83M | -19.26M | -11.9M | -6.19M | -14.69M | -9.09M | -13.85M | -134.33M | -13.47M | -11.59M | -15.85M | -24.08M | 1.34M | 11.1M | 153.56M | 103.68M | 122.22M | 79.65M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -5.66M | -5.27M | -5.13M | -4.94M | -4.41M | -4.07M | -3.55M | -3.7M | -3.3M | -2.81M | 3.14M | 3.56M | 4.47M | 3.19M | 4.35M | 5.97M | 6.83M | 7.13M | 7.67M | 8M |
| EPS (Diluted) | -0.80 | -0.76 | -0.21 | -0.61 | -0.37 | -0.19 | -0.48 | -0.29 | -0.45 | -4.30 | -0.44 | -0.38 | -0.52 | -0.80 | 0.06 | 0.37 | 4.93 | 3.34 | 3.93 | 2.59 |
| EPS Growth % | -116.22% | -300% | 56.25% | -110.34% | 17.78% | 95.58% | -9.09% | 23.68% | 13.46% | -437.5% | -833.33% | -202.7% | -110.55% | -123.95% | -98.47% | -85.71% | -24.39% | -45.78% | 98.48% | 1750% |
| EPS (Basic) | -0.80 | -0.76 | -0.21 | -0.61 | -0.37 | -0.19 | -0.48 | -0.29 | -0.45 | -4.30 | -0.44 | -0.38 | -0.52 | -0.80 | 0.06 | 0.38 | 5.09 | 3.48 | 4.13 | 2.74 |
| Diluted Shares Outstanding | 30.88M | 30.78M | 30.75M | 30.83M | 30.83M | 30.65M | 30.42M | 30.1M | 29.77M | 29.77M | 30.01M | 29.81M | 29.54M | 30.96M | 30.87M | 31.19M | 31.24M | 31.2M | 31.17M | 30.83M |
| Basic Shares Outstanding | 30.88M | 30.78M | 30.75M | 30.83M | 30.83M | 30.65M | 30.42M | 30.1M | 29.77M | 29.77M | 30.01M | 29.81M | 29.54M | 29.63M | 30.17M | 30.36M | 30.23M | 29.96M | 29.67M | 29.15M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |