Fulgent Genetics R&D Spending Growth & History (FLGT)
Fulgent Genetics's r&d spending was $53.9M for fiscal 2025.
View full Fulgent Genetics company overviewFulgent Genetics annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $53.9M | $5.1M | +10.42% |
| 2024 | 2024-12-31 | $48.8M | $7.4M | +17.80% |
| 2023 | 2023-12-31 | $41.4M | $12.5M | +43.34% |
| 2022 | 2022-12-31 | $28.9M | $4.7M | +19.37% |
| 2021 | 2021-12-31 | $24.2M | $12.6M | +109.15% |
| 2020 | 2020-12-31 | $11.6M | $5.0M | +77.15% |
| 2019 | 2019-12-31 | $6.5M | $1.0M | +18.12% |
| 2018 | 2018-12-31 | $5.5M | $1.3M | +31.04% |
| 2017 | 2017-12-31 | $4.2M | $665,000 | +18.69% |
| 2016 | 2016-12-31 | $3.6M | −$873,000 | −19.70% |
| 2015 | 2015-12-31 | $4.4M | $3.9M | +750.48% |
| 2014 | 2014-12-31 | $521,000 | — | — |
Fulgent Genetics quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $14.6M | $1.1M | +7.97% |
| Q1 2026 | 2026-03-31 | $14.2M | $1.8M | +14.37% |
| Q4 2025 | 2025-12-31 | $14.2M | $2.1M | +16.98% |
| Q3 2025 | 2025-09-30 | $13.9M | $2.1M | +17.63% |
| Q2 2025 | 2025-06-30 | $13.5M | −$6,000 | −0.04% |
| Q1 2025 | 2025-03-31 | $12.4M | $961,000 | +8.40% |
| Q4 2024 | 2024-12-31 | $12.1M | $161,000 | +1.35% |
| Q3 2024 | 2024-09-30 | $11.8M | $1.8M | +17.67% |
| Q2 2024 | 2024-06-30 | $13.5M | $3.8M | +39.15% |
| Q1 2024 | 2024-03-31 | $11.4M | $1.7M | +16.89% |
| Q4 2023 | 2023-12-31 | $12.0M | $3.4M | +40.46% |
| Q3 2023 | 2023-09-30 | $10.0M | $2.5M | +33.40% |
| Q2 2023 | 2023-06-30 | $9.7M | $2.8M | +40.36% |
| Q1 2023 | 2023-03-31 | $9.8M | $3.8M | +63.33% |
| Q4 2022 | 2022-12-31 | $8.5M | $1.0M | +14.00% |
| Q3 2022 | 2022-09-30 | $7.5M | $1.5M | +24.68% |
| Q2 2022 | 2022-06-30 | $6.9M | $1.6M | +29.99% |
| Q1 2022 | 2022-03-31 | $6.0M | $567,000 | +10.46% |
| Q4 2021 | 2021-12-31 | $7.5M | $2.9M | +63.11% |
| Q3 2021 | 2021-09-30 | $6.0M | $2.8M | +89.52% |
| Q2 2021 | 2021-06-30 | $5.3M | $3.5M | +187.29% |
| Q1 2021 | 2021-03-31 | $5.4M | $3.4M | +174.12% |
| Q4 2020 | 2020-12-31 | $4.6M | $2.8M | +154.93% |
| Q3 2020 | 2020-09-30 | $3.2M | $1.4M | +82.17% |
| Q2 2020 | 2020-06-30 | $1.8M | $275,000 | +17.47% |
| Q1 2020 | 2020-03-31 | $2.0M | $554,000 | +38.90% |
| Q4 2019 | 2019-12-31 | $1.8M | $369,000 | +25.88% |
| Q3 2019 | 2019-09-30 | $1.7M | $306,000 | +21.28% |
| Q2 2019 | 2019-06-30 | $1.6M | $362,000 | +29.87% |
| Q1 2019 | 2019-03-31 | $1.4M | −$34,000 | −2.33% |
| Q4 2018 | 2018-12-31 | $1.4M | $102,000 | +7.70% |
| Q3 2018 | 2018-09-30 | $1.4M | $310,000 | +27.48% |
| Q2 2018 | 2018-06-30 | $1.2M | $292,000 | +31.74% |
| Q1 2018 | 2018-03-31 | $1.5M | $607,000 | +71.33% |
| Q4 2017 | 2017-12-31 | $1.3M | $506,000 | +61.86% |
| Q3 2017 | 2017-09-30 | $1.1M | −$395,000 | −25.94% |
| Q2 2017 | 2017-06-30 | $920,000 | $264,000 | +40.24% |
| Q1 2017 | 2017-03-31 | $851,000 | $290,000 | +51.69% |
| Q4 2016 | 2016-12-31 | $818,000 | −$2.8M | −77.59% |
| Q3 2016 | 2016-09-30 | $1.5M | $1.2M | +388.14% |
| Q2 2016 | 2016-06-30 | $656,000 | $404,000 | +160.32% |
| Q1 2016 | 2016-03-31 | $561,000 | $344,000 | +158.53% |
| Q4 2015 | 2015-12-31 | $3.6M | — | — |
| Q3 2015 | 2015-09-30 | $312,000 | — | — |
| Q2 2015 | 2015-06-30 | $252,000 | — | — |
| Q1 2015 | 2015-03-31 | $217,000 | — | — |
Fulgent Genetics r&d spending trends
Over the last five fiscal years, Fulgent Genetics's r&d spending increased from $11.6M to $53.9M, a change of $42.3M. The latest reported quarter, Q2 2026, shows $14.6M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fulgent Genetics source filings ↗