Fulgent Genetics Operating Expenses Growth & History (FLGT)
Fulgent Genetics's operating expenses was $222.0M for fiscal 2025.
View full Fulgent Genetics company overviewFulgent Genetics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $222.0M | $40.8M | +22.55% |
| 2024 | 2024-12-31 | $181.1M | −$118.9M | −39.62% |
| 2023 | 2023-12-31 | $300.0M | $111.6M | +59.25% |
| 2022 | 2022-12-31 | $188.4M | $87.3M | +86.33% |
| 2021 | 2021-12-31 | $101.1M | $59.4M | +142.17% |
| 2020 | 2020-12-31 | $41.7M | $22.9M | +121.48% |
| 2019 | 2019-12-31 | $18.8M | $3.1M | +19.87% |
| 2018 | 2018-12-31 | $15.7M | $2.1M | +15.10% |
| 2017 | 2017-12-31 | $13.7M | $3.0M | +28.44% |
| 2016 | 2016-12-31 | $10.6M | $1.1M | +11.73% |
| 2015 | 2015-12-31 | $9.5M | $8.2M | +614.64% |
| 2014 | 2014-12-31 | $1.3M | — | — |
Fulgent Genetics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $61.8M | $7.6M | +14.04% |
| Q1 2026 | 2026-03-31 | $56.1M | $8.0M | +16.56% |
| Q4 2025 | 2025-12-31 | $68.8M | $20.8M | +43.42% |
| Q3 2025 | 2025-09-30 | $50.9M | $7.0M | +15.99% |
| Q2 2025 | 2025-06-30 | $54.1M | $8.8M | +19.28% |
| Q1 2025 | 2025-03-31 | $48.1M | $4.2M | +9.66% |
| Q4 2024 | 2024-12-31 | $48.0M | −$128.4M | −72.79% |
| Q3 2024 | 2024-09-30 | $43.9M | $4.2M | +10.65% |
| Q2 2024 | 2024-06-30 | $45.4M | $5.0M | +12.45% |
| Q1 2024 | 2024-03-31 | $43.9M | $267,000 | +0.61% |
| Q4 2023 | 2023-12-31 | $176.3M | $126.8M | +255.98% |
| Q3 2023 | 2023-09-30 | $39.6M | −$6.1M | −13.36% |
| Q2 2023 | 2023-06-30 | $40.4M | −$12.1M | −23.08% |
| Q1 2023 | 2023-03-31 | $43.6M | $3.0M | +7.45% |
| Q4 2022 | 2022-12-31 | $49.5M | $10.9M | +28.08% |
| Q3 2022 | 2022-09-30 | $45.7M | $20.6M | +82.03% |
| Q2 2022 | 2022-06-30 | $52.5M | $33.6M | +178.27% |
| Q1 2022 | 2022-03-31 | $40.6M | $22.2M | +120.32% |
| Q4 2021 | 2021-12-31 | $38.7M | $21.4M | +123.61% |
| Q3 2021 | 2021-09-30 | $25.1M | $13.2M | +110.60% |
| Q2 2021 | 2021-06-30 | $18.9M | $12.0M | +173.02% |
| Q1 2021 | 2021-03-31 | $18.4M | $12.8M | +228.56% |
| Q4 2020 | 2020-12-31 | $17.3M | $12.1M | +235.08% |
| Q3 2020 | 2020-09-30 | $11.9M | $7.0M | +140.90% |
| Q2 2020 | 2020-06-30 | $6.9M | $2.4M | +53.20% |
| Q1 2020 | 2020-03-31 | $5.6M | $1.4M | +32.78% |
| Q4 2019 | 2019-12-31 | $5.2M | $1.2M | +31.25% |
| Q3 2019 | 2019-09-30 | $5.0M | $1.1M | +28.35% |
| Q2 2019 | 2019-06-30 | $4.5M | $652,000 | +16.90% |
| Q1 2019 | 2019-03-31 | $4.2M | $150,000 | +3.68% |
| Q4 2018 | 2018-12-31 | $3.9M | $127,000 | +3.34% |
| Q3 2018 | 2018-09-30 | $3.9M | $143,000 | +3.85% |
| Q2 2018 | 2018-06-30 | $3.9M | $946,000 | +32.50% |
| Q1 2018 | 2018-03-31 | $4.1M | $847,000 | +26.24% |
| Q4 2017 | 2017-12-31 | $3.8M | $1.1M | +39.31% |
| Q3 2017 | 2017-09-30 | $3.7M | $153,000 | +4.29% |
| Q2 2017 | 2017-06-30 | $2.9M | $1.3M | +83.08% |
| Q1 2017 | 2017-03-31 | $3.2M | $477,000 | +17.34% |
| Q4 2016 | 2016-12-31 | $2.7M | −$4.8M | −63.67% |
| Q3 2016 | 2016-09-30 | $3.6M | $2.8M | +341.51% |
| Q2 2016 | 2016-06-30 | $1.6M | $927,000 | +139.82% |
| Q1 2016 | 2016-03-31 | $2.8M | $2.2M | +419.06% |
| Q4 2015 | 2015-12-31 | $7.5M | — | — |
| Q3 2015 | 2015-09-30 | $807,000 | — | — |
| Q2 2015 | 2015-06-30 | $663,000 | — | — |
| Q1 2015 | 2015-03-31 | $530,000 | — | — |
Fulgent Genetics operating expenses trends
Over the last five fiscal years, Fulgent Genetics's operating expenses increased from $41.7M to $222.0M, a change of $180.2M. The latest reported quarter, Q2 2026, shows $61.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fulgent Genetics source filings ↗