Fulgent Genetics (FLGT) Revenue & Revenue Breakdown


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Fulgent Genetics Revenue Highlights


Latest Revenue (Y)

$283.47M

Latest Revenue (Q)

$81.80M

Main Segment (Y)

Laboratory Services

Main Geography (Y)

UNITED STATES

Fulgent Genetics Revenue by Period


Fulgent Genetics Revenue by Year

DateRevenueChange
2024-12-31$283.47M-1.99%
2023-12-31$289.21M-53.27%
2022-12-31$618.97M-37.64%
2021-12-31$992.58M135.37%
2020-12-31$421.71M1196.46%
2019-12-31$32.53M52.31%
2018-12-31$21.36M14.03%
2017-12-31$18.73M2.48%
2016-12-31$18.28M90.85%
2015-12-31$9.58M649.30%
2014-12-31$1.28M100.00%
2001-12-31--

Fulgent Genetics generated $283.47M in revenue during NA 2024, up -1.99% compared to the previous quarter, and up 871.46% compared to the same period a year ago.

Fulgent Genetics Revenue by Quarter

DateRevenueChange
2025-06-30$81.80M11.35%
2025-03-31$73.46M-3.61%
2024-12-31$76.21M6.23%
2024-09-30$71.74M1.01%
2024-06-30$71.03M10.15%
2024-03-31$64.48M-8.54%
2023-12-31$70.50M-16.75%
2023-09-30$84.69M24.81%
2023-06-30$67.85M2.55%
2023-03-31$66.17M-2.27%
2022-12-31$67.70M-35.92%
2022-09-30$105.66M-15.71%
2022-06-30$125.34M-60.86%
2022-03-31$320.27M27.26%
2021-12-31$251.67M10.45%
2021-09-30$227.87M48.34%
2021-06-30$153.62M-57.26%
2021-03-31$359.43M21.85%
2020-12-31$294.98M190.00%
2020-09-30$101.72M489.15%
2020-06-30$17.27M122.69%
2020-03-31$7.75M-7.56%
2019-12-31$8.39M-18.94%
2019-09-30$10.35M22.83%
2019-06-30$8.42M56.87%
2019-03-31$5.37M-5.44%
2018-12-31$5.68M0.96%
2018-09-30$5.63M4.17%
2018-06-30$5.40M16.05%
2018-03-31$4.65M8.69%
2017-12-31$4.28M-4.93%
2017-09-30$4.50M-2.95%
2017-06-30$4.64M-12.55%
2017-03-31$5.31M-9.36%
2016-12-31$5.85M16.82%
2016-09-30$5.01M26.19%
2016-06-30$3.97M15.44%
2016-03-31$3.44M18.58%
2015-12-31$2.90M-0.14%
2015-09-30$2.90M-

Fulgent Genetics generated $81.80M in revenue during Q2 2025, up 11.35% compared to the previous quarter, and up 126.86% compared to the same period a year ago.

Fulgent Genetics Revenue Breakdown


Fulgent Genetics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Laboratory Services$283.47M

Fulgent Genetics's latest annual revenue breakdown by segment (product or service), as of Dec 24: Laboratory Services (100.00%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Jun 24Mar 18
Laboratory Services$81.80M$73.46M$140.70M$71.74M$71.03M-
Genetic Testing Services-----$4.65M

Fulgent Genetics's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Laboratory Services (100.00%).

Fulgent Genetics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 21Dec 20Dec 19Dec 18
Other Countries$11.70M$4.65M$5.27M$4.68M-
UNITED STATES$259.13M$978.98M$415.33M$25.01M$12.58M
CHINA$12.64M$109.00K---
Non-US$24.34M----
Non Us-$13.61M---
CANADA--$1.73M$2.25M$3.98M

Fulgent Genetics's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (84.19%), Non-US (7.91%), CHINA (4.11%), and Other Countries (3.80%).

Quarterly Revenue by Country

CountryJun 25Mar 25Dec 24Sep 24Jun 24Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18Mar 18
UNITED STATES$76.21M$67.83M$129.24M$65.70M$64.19M$247.89M$149.86M$357.54M$293.33M$100.22M$16.14M$5.64M$6.24M$8.48M$6.69M$3.61M$3.27M$3.30M$2.53M-
Other Countries$3.19M$3.03M$4.09M$3.25M$4.36M$1.24M$1.12M$798.00K$1.50M$1.51M$1.32M$1.22M$1.22M$1.21M$1.01M$1.13M----
Non-US$5.60M$5.64M$11.46M$6.04M$6.83M---------------
CHINA$2.41M$2.61M$7.38M$2.79M$2.48M$23.00K$25.00K$24.00K------------
Non Us-----$3.78M$4.18M$3.75M$1.89M-----------
U S------$223.69M-------------
CANADA---------$401.00K$376.00K$329.00K$619.00K$643.00K$548.00K$516.00K$538.00K$1.12M$1.07M$970.00K
Genetic Testing Services-------------------$73.00K

Fulgent Genetics's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (87.19%), Non-US (6.40%), Other Countries (3.65%), and CHINA (2.75%).

Fulgent Genetics Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
IDXXIDEXX Laboratories$3.90B$1.11B
KNSLKinsale Capital Group$1.59B$469.81M
GHGuardant Health$739.02M$232.09M
MGNIMagnite$668.17M$155.77M
APPNAppian$617.02M$166.43M
LMNDLemonade$526.50M$164.10M
FVRRFiverr$361.38M$93.52M
TWSTTwist Bioscience$312.97M-
FLGTFulgent Genetics$283.47M$81.80M

FLGT Revenue FAQ


What is Fulgent Genetics’s yearly revenue?

Fulgent Genetics's yearly revenue for 2024 was $283.47M, representing a decrease of -1.99% compared to 2023. The company's yearly revenue for 2023 was $289.21M, representing a decrease of -53.27% compared to 2022. FLGT's yearly revenue for 2022 was $618.97M, representing a decrease of -37.64% compared to 2021.

What is Fulgent Genetics’s quarterly revenue?

Fulgent Genetics's quarterly revenue for Q2 2025 was $81.8M, a 11.35% increase from the previous quarter (Q1 2025), and a 15.17% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $73.46M, a -3.61% decrease from the previous quarter (Q4 2024), and a 13.92% increase year-over-year (Q1 2024). FLGT's quarterly revenue for Q4 2024 was $76.21M, a 6.23% increase from the previous quarter (Q3 2024), and a 8.10% increase year-over-year (Q4 2023).

What is Fulgent Genetics’s revenue growth rate?

Fulgent Genetics's revenue growth rate for the last 3 years (2022-2024) was -54.20%, and for the last 5 years (2020-2024) was -32.78%.

What are Fulgent Genetics’s revenue streams?

Fulgent Genetics's revenue streams in c 24 are Laboratory Services

What is Fulgent Genetics’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Fulgent Genetics was Laboratory Services. This segment made a revenue of $283.47M, representing 100.00% of the company's total revenue.