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Fulgent Genetics, Inc. FLGT R2K

Healthcare · Diagnostics & Research · United States
https://www.fulgentgenetics.com

Fulgent Genetics, Inc. provides clinical diagnostic and therapeutic development solutions to physicians and patients in the United States and internationally. The company's clinical diagnostic solutions include molecular diagnostic testing; genetic testing; anatomic pathology laboratory tests and testing services, such as gastrointestinal pathology, dermatopathology, urologic pathology, breast pathology, neuropathology, and hematopathology; oncology tests and testing services; and sequencer services related to hereditary cancer, reproductive health, and other diseases. Its therapeutic development solutions focus on developing drug candidates for treating a range of cancers using a nanoencapsulation and targeted therapy platform to enhance the therapeutic window and pharmacokinetic profile of new and existing cancer drugs. The company operates picture genetics platform, which includes gene probes, data suppression and comparison algorithms, adaptive learning software, and proprietary laboratory information management systems that helps customers to identify health markers in their personal DNA. It serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, large corporations, and patients. Fulgent Genetics, Inc. was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. The company was founded in 2011 and is headquartered in El Monte, California.

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$18.14
-12.45% 1Y

Market & Price

Market Cap
$515.19M
Current Price
$18.14
High / Low (52W)
$30.85 / $13.79
Beta
0.88

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$36.39
Price to Book
0.50
P/S
1.61
EV/EBITDA
-3.15
Dividend Yield
-

Profitability & Returns

ROCE
-6.20%
ROE
-6.92%
ROA
-5.37%
Profit Margin
-23.04%
Op Margin
-45.01%
EPS (Latest Qtr)
$-0.80
EPS (TTM)
$-2.40

Balance Sheet & Liquidity

Debt/Equity
0.97
Quick Ratio
3.91
Current Ratio
5.32
Debt
$10.17M
Total Assets
$1.21B
Current Assets
$550.49M
Working Capital
$465.52M

Ownership

Promoter Holding
36.70%
Chg in Prom Hold
-0.01%
FII / Inst Holding
63.61%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$243.40M
Total Revenue (TTM)
$320.35M
EBITDA
$-77.19M
Free Cash Flow
$-105.94M
Operating Cash Flow
$-90.11M
Shares Outstanding
28.40M
Gross Margin
38.71%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-19.52%
Profit 5Y
-47.40%
Revenue (YoY)
-3.20%
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -19.5% CAGR over 5 years.
  • Earnings shrank at -47.4% CAGR over 5 years.
  • Trading 41.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 FLGT Fulgent Genetics, Inc. R2K 18.14 - $515.19M - -6.20% -6.92% -19.52% -47.40%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
Ad space

Quarterly Results

Figures in USD.

Metric Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ----5.31M4.64M4.50M4.28M4.65M5.40M5.62M5.67M5.37M8.42M10.35M8.39M7.75M17.27M101.72M294.98M359.43M153.62M227.87M251.67M320.27M125.34M105.66M67.70M66.17M67.85M84.69M64.48M71.03M--73.46M81.80M84.07M83.34M71.14M
Cost of Revenue -----------------------------------45.12M47.37M48.56M50.75M49.65M
Gross Profit 2.14M2.56M2.87M3.99M3.45M2.76M2.23M1.74M1.88M2.86M3.01M2.90M2.40M4.80M6.46M4.75M3.70M9.55M75.45M243.21M285.35M117.76M184.40M189.54M242.54M65.28M46.09M12.99M18.81M20.57M39.84M22.10M26.49M--28.35M34.44M35.51M32.58M21.49M
Operating Expenses -----------------------------------48.14M54.15M50.86M68.82M56.11M
Operating Income -615.00K970.00K-695.00K1.26M219.00K-150.00K-1.48M-2.07M-2.19M-1.00M-846.00K-1.03M-1.82M295.00K1.51M-409.00K-1.91M2.64M63.52M225.91M266.92M98.90M159.27M150.86M201.93M12.79M352.00K-36.55M-24.82M-19.80M214.00K-21.80M-18.91M---19.80M-19.71M-15.35M-36.24M-34.62M
EBITDA ------------------------------------5.79M-15.45M-1.44M-23.15M-19.96M
Interest Expense -----------------------------------14.00K17.00K28.00K16.00K17.00K
Pretax Income ------------------------------------11.72M-21.52M-7.51M-29.27M-25.98M
Tax Provision -----------------------------------176.00K-2.26M-683.00K-5.62M-704.00K
Net Income -602.00K-4.49M-1.11M813.00K232.00K-25.00K-1.09M-1.62M-1.91M-1.05M-595.00K-2.05M-1.91M331.00K1.46M-296.00K-1.96M3.32M46.64M166.31M200.69M79.81M122.52M104.34M153.98M11.54M1.72M-23.83M-15.34M-11.23M-13.11M-13.46M-8.71M---11.53M-18.96M-6.61M-23.42M-24.83M
Diluted EPS -0.02-5.49-0.440.050.010.00-0.06-0.09-0.11-0.06-0.03-0.11------------------------0.37-0.62-0.21-0.76-0.80
R&D Expense 561.00K656.00K1.52M818.00K851.00K920.00K1.13M1.32M1.46M1.21M1.44M1.43M1.42M1.57M1.74M1.79M1.98M1.85M3.18M4.58M5.42M5.31M6.02M7.46M5.99M6.91M7.51M8.51M9.78M9.69M10.01M11.43M13.49M11.78M-12.39M13.48M13.86M-14.18M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue ---18.73M21.35M32.53M421.71M-618.97M289.21M283.47M322.67M
Cost of Revenue --------252.07M184.76M176.25M191.80M
Gross Profit 342.00K4.51M11.55M10.18M10.65M18.42M331.90M-366.90M104.46M107.22M130.88M
Operating Expenses --------185.40M179.75M181.13M221.97M
Operating Income -990.00K-5.01M918.00K-3.48M-5.07M-428.00K290.16M-181.50M-75.30M-73.92M-91.10M
EBITDA --------217.70M-147.45M-48.99M-45.83M
Interest Expense --------1.01M488.00K-75.00K
Pretax Income --------184.03M-174.09M-51.96M-70.03M
Tax Provision --------42.10M1.15M-8.14M-8.39M
Net Income -4.28M-8.31M-5.35M-2.51M-5.61M-411.00K214.31M-143.40M-167.82M-42.71M-60.51M
Diluted EPS --------4.63-5.63-1.41-1.97
R&D Expense 521.00K4.43M3.56M4.22M5.53M6.54M11.58M24.22M28.91M41.44M48.82M53.91M

Compounded Sales Growth

5 Years:-19.52%
1 Year:-3.20%

Compounded Profit Growth

5 Years:-47.40%
1 Year:-

Stock Price Performance

1 Year:-12.45%
6 Months:-41.20%
3 Months:+18.33%
1 Month:+22.57%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --5.83M58.04M57.18M53.90M88.76M700.46M-1.39B1.24B1.22B1.21B
Current Assets ---------627.87M507.85M353.57M550.49M
Cash & Equivalents --489.00K7.90M6.49M6.74M11.96M87.43M-79.51M97.47M55.14M50.19M
Inventory ---------4.28M5.83M8.38M10.60M
Receivables ---------52.75M51.13M69.02M84.76M
Total Liabilities --686.00K3.56M3.01M2.75M5.98M131.07M-116.18M102.04M90.81M106.81M
Current Liabilities --686.00K3.32M3.00M2.74M3.72M130.12M-88.11M73.02M72.90M84.97M
Long Term Debt ---------3.37M2.96M2.49M1.96M
Total Debt ---------38.94M15.25M8.47M7.68M
Total Equity 1.97M1.68M5.15M54.48M54.18M51.15M82.78M569.39M-1.27B1.14B1.13B1.11B
Shares Outstanding ---------29.44M32.42M33.61M34.50M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -4.40M-969.00K4.41M1.33M-675.00K5.52M140.63M-253.52M27.00M21.06M-101.64M
Investing Cash Flow -780.00K-2.21M-42.80M-2.05M950.00K-29.05M-326.44M--261.31M38.90M-58.35M111.37M
Financing Cash Flow 4.00M3.50M45.79M-770.00K15.00K28.77M261.25M--77.14M-47.78M-4.85M-14.79M
Capital Expenditure -731.00K-2.10M-3.79M-2.90M-2.32M-1.18M-35.13M--18.77M-22.21M-40.31M-22.57M
Free Cash Flow -5.13M-3.07M617.00K-1.56M-3.00M4.33M105.50M-234.75M4.80M-19.25M-124.21M
Net Change in Cash ---------84.94M18.12M-42.14M-5.06M
Share Buybacks -----21.00K62.00K-74.34M25.06M225.00K10.88M

Ratios (Annual)

Figures in %.

Metric Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ---54.3%49.9%56.6%78.7%-59.3%36.1%37.8%40.6%
Operating Margin % ----18.6%-23.7%-1.3%68.8%-29.3%-26.0%-26.1%-28.2%
Net Margin % ----13.4%-26.3%-1.3%50.8%-23.2%-58.0%-15.1%-18.8%
ROE % -254.3%-161.6%-9.8%-4.6%-11.0%-0.5%37.6%-11.3%-14.8%-3.8%-5.4%
ROCE % --97.4%1.7%-6.4%-9.9%-0.5%50.9%-14.0%-6.5%-6.4%-8.1%

Shareholding Pattern

Insiders
36.70%
Institutions
63.61%
Public Float
100.49%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 9.77% 2.77M $50.33M
2 RTW Investments LP 4.54% 1.29M $23.38M
3 Acadian Asset Management. LLC 4.34% 1.23M $22.38M
4 Vanguard Capital Management LLC 3.10% 880.15K $15.97M
5 Dimensional Fund Advisors LP 2.36% 671.66K $12.18M
6 Invenomic Capital Management, LP 2.15% 610.32K $11.07M
7 Geode Capital Management, LLC 2.06% 584.21K $10.60M
8 Ameriprise Financial, Inc. 1.98% 563.38K $10.22M
9 State Street Corporation 1.86% 529.40K $9.60M
10 Shaw D.E. & Co., Inc. 1.71% 486.77K $8.83M

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