Fulgent Genetics, Inc. logo FLGT - Fulgent Genetics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 3
SELL 0
STRONG
SELL
0
| PRICE TARGET: $15.00 DETAILS
HIGH: $15.00
LOW: $15.00
MEDIAN: $15.00
CONSENSUS: $15.00
DOWNSIDE: 12.33%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue 322.7 283.5 289.2 619.0 992.6 421.7 32.5 21.4 18.7 18.3 9.6 1.3
Cost of Revenue 191.8 176.3 184.8 252.1 215.5 89.8 14.1 10.7 8.6 6.7 5.1 0.9
Gross Profit 130.9 107.2 104.5 366.9 777.1 331.9 18.4 10.7 10.2 11.6 4.5 0.3
Operating Expenses
R&D Expenses 53.9 48.8 41.4 28.9 24.2 11.6 6.5 5.5 4.2 3.6 4.4 0.5
SG&A Expenses 160.0 124.4 130.5 150.0 75.2 30.2 12.3 10.2 9.4 7.1 5.1 0.8
Other Expenses 8.0 8.0 128.1 9.5 1.7 0 0 0 0 0 0 0
Operating Expenses 222.0 181.1 300.0 188.4 101.1 41.7 18.8 15.7 13.6 10.6 9.5 1.3
Operating Income
Operating Income (91.1) (73.9) (195.5) 178.5 676.0 290.2 (0.4) (5.1) (3.5) 0.9 (5.0) (1.0)
Interest Expense 0.1 0.2 0.5 1.0 0 0 0 0 0 5.4 0 0
Interest Income 30.9 31.3 21.6 5.6 1.3 1.5 0.8 0.4 0.5 0 0.0 0
Profitability
EBITDA (45.8) (49.0) (147.5) 217.7 687.0 293.1 1.7 (2.9) (1.8) 2.1 (4.4) (0.8)
EBIT (70.0) (73.9) (173.6) 185.0 676.0 290.2 (0.4) (5.1) (3.5) 0.9 (5.0) (1.0)
Income Before Tax (70.0) (52.0) (174.1) 184.0 681.0 286.8 (0.4) (4.6) (3.0) (4.5) (5.0) (1.0)
Income Tax Expense (8.4) (8.1) 1.2 42.1 174.8 72.5 0.0 0.0 (1.0) 0.9 3.3 3.3
Net Income (60.5) (42.7) (167.8) 143.4 507.4 214.3 (0.4) (5.6) (2.5) (5.3) (8.3) (4.3)
Per Share Data
EPS (Basic) -1.97 -1.41 -5.63 4.76 17.13 9.44 -0.02 -0.25 -0.15 -0.30 -0.64 -0.34
EPS (Diluted) -1.97 -1.41 -5.63 4.63 16.26 8.91 -0.02 -0.25 -0.15 -0.30 -0.64 -0.34
Shares Outstanding 30.8 30.2 29.8 30.1 29.4 22.7 18.7 18.0 17.7 17.7 12.8 17.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 50.2 55.1 97.5 79.5 164.9 87.4 12.0 6.7 6.5 7.9
Short-Term Investments 285.9 203.0 326.7 446.7 285.6 211.9 16.3 30.7 34.9 38.6
Net Receivables 91.6 77.0 57.4 75.1 143.3 204.1 7.2 6.2 4.1 4.4
Inventory 10.6 8.4 5.8 4.3 12.2 16.5 0.3 0.3 0.2 0.3
Other Current Assets 0 0 0 0 0 0 0 0 0.2 0.3
Total Current Assets 550.5 353.6 507.8 627.9 612.0 523.6 37.1 43.4 45.4 50.8
Non-Current Assets
Property, Plant & Equipment 112.5 105.5 83.5 81.4 62.3 40.2 8.6 6.4 7.3 6.2
Goodwill 25.1 22.1 22.1 143.0 50.9 0 0 0 0 0
Intangible Assets 133.3 135.0 143.1 150.6 35.9 0 0 0 0 0
Long-Term Investments 369.3 570.4 444.0 339.0 507.0 132.5 42.8 7.9 16.8 25.6
Other Non-Current Assets 22.9 33.5 34.9 44.1 10.7 4.1 0.3 (2.7) 4.3 1.0
Total Non-Current Assets 663.0 866.4 727.5 758.2 666.8 176.8 51.7 11.6 11.6 7.2
Total Assets 1,213.5 1,220.0 1,235.3 1,386.1 1,278.7 700.5 88.8 55.0 57.0 58.0
Current Liabilities
Account Payables 18.7 18.4 15.4 23.1 20.5 26.5 1.6 1.3 2.1 2.8
Short-Term Debt 0.5 0.4 1.2 20.6 21.3 15.0 0 0 0 0
Deferred Revenue 31.8 29.8 25.6 14.1 34.4 26.8 0.4 0 0 0
Other Current Liabilities 10.5 9.9 6.4 5.3 10.7 (0.2) 0 0.2 0 0
Total Current Liabilities 85.0 72.9 73.0 88.1 105.3 130.1 3.7 2.7 2.9 3.6
Non-Current Liabilities
Long-Term Debt 2.0 2.5 3.0 3.4 0 0 0 0 0 0
Deferred Tax Liabilities 6.9 6.4 8.0 0 0 0 0 0.7 0.8 0.2
Other Non-Current Liabilities 9.2 4.9 11.0 15.9 7.5 0.4 0 0.0 0.0 0.0
Total Non-Current Liabilities 21.8 17.9 29.0 28.1 7.5 1.0 2.3 0.0 0.0 0.2
Total Liabilities 106.8 90.8 102.0 116.2 112.8 131.1 6.0 2.7 2.9 3.6
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 530.0 590.5 633.2 801 657.6 150.9 (63.4) (63.0) (57.7) (55.2)
Accumulated Other Comprehensive Income 7.5 (0.4) 1.2 (20.9) (0.8) 0.4 0.1 (0.0) (0.0) (0.1)
Total Stockholders' Equity 1,112.0 1,133.2 1,136.1 1,266.7 1,158.7 569.4 82.8 52.3 54.0 54.5
Total Liabilities & Equity 1,213.5 1,220.0 1,235.3 1,386.1 1,278.7 700.5 88.8 55.0 57.0 58.0
Debt Metrics
Total Debt 7.7 8.5 15.3 38.9 21.3 15.9 2.7 0 0 0
Net Debt (42.5) (46.7) (82.2) (40.6) (143.6) (71.6) (9.3) (6.7) (6.5) (7.9)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (61.6) (43.8) (175.2) 141.9 506.2 214.3 (0.4) (5.6) (2.5) (5.4)
Depreciation & Amortization 24.1 24.9 26.1 32.7 11.0 3.0 2.5 2.2 1.7 1.2
Stock-Based Compensation 39.6 44.5 42.9 32.6 15.9 8.2 0 2.3 2.1 4.7
Change in Working Capital (117.6) (7.2) 2.8 2.0 (2.7) (91.5) (0.9) (1.2) (0.7) (1.9)
Other Non-Cash Items 15.1 7.9 122.7 43.5 16.0 8.0 4.3 1.7 1.0 5.6
Operating Cash Flow (101.6) 21.1 27.0 253.5 538.6 140.6 5.5 (0.7) 1.3 4.4
Investing Activities
Capital Expenditure (22.6) (40.3) (22.2) (18.8) (23.8) (36.5) (1.2) (2.8) (5.4) (3.8)
Acquisitions 3.8 0 (0.4) (182.7) (61.9) (2.6) 0 0.5 2.5 0.0
Purchases of Investments (80.8) (472.4) (491.9) (433.0) (730.5) (324.4) (52.2) (24.2) (11.7) (39.0)
Sales/Maturities of Investments 211.0 454.1 552.6 372.7 269.6 37.0 24.4 28.0 15.0 0
Other Investing Activities 0.0 0.3 0.8 0.4 0.0 0.0 0 (0.5) (2.5) 0.0
Investing Cash Flow 111.4 (58.4) 38.9 (261.3) (546.5) (326.4) (29.0) 0.9 (2.0) (42.8)
Financing Activities
Net Debt Issuance (0.9) (1.8) (20.0) (1.1) (0.0) 15.0 0 0 0 0
Stock Repurchased (13.9) (3.1) (27.8) (76.1) (4.2) (0.1) (0.0) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 (4.6)
Other Financing Activities 0 0.1 0.0 0.0 0.1 0.1 0 0.0 (0.8) (1.4)
Financing Cash Flow (14.8) (4.8) (47.8) (77.1) 85.4 261.3 28.8 0.0 (0.8) 45.8
Cash Position
Net Change in Cash (5.0) (42.2) 18.0 (85.4) 77.5 75.5 5.2 0.2 (1.4) 7.4
Cash at Beginning 55.3 97.5 79.5 164.9 87.4 12.0 6.7 6.5 7.9 0.5
Cash at End 50.3 55.3 97.5 79.5 164.9 87.4 12.0 6.7 6.5 7.9
Free Cash Flow (124.2) (19.3) 4.8 234.7 514.7 104.1 4.3 (3.5) (4.0) 0.6
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Income Statement
Revenue 322.7 283.5 289.2 619.0 992.6 421.7 32.5 21.4 18.7 18.3 9.6 1.3
Gross Profit 130.9 107.2 104.5 366.9 777.1 331.9 18.4 10.7 10.2 11.6 4.5 0.3
Operating Income (91.1) (73.9) (195.5) 178.5 676.0 290.2 (0.4) (5.1) (3.5) 0.9 (5.0) (1.0)
Net Income (60.5) (42.7) (167.8) 143.4 507.4 214.3 (0.4) (5.6) (2.5) (5.3) (8.3) (4.3)
EPS (Diluted) -1.97 -1.41 -5.63 4.63 16.26 8.91 -0.02 -0.25 -0.15 -0.30 -0.64 -0.34
Balance Sheet
Cash & Equivalents 50.2 55.1 97.5 79.5 164.9 87.4 12.0 6.7 6.5 7.9
Total Assets 1,213.5 1,220.0 1,235.3 1,386.1 1,278.7 700.5 88.8 55.0 57.0 58.0
Total Debt 7.7 8.5 15.3 38.9 21.3 15.9 2.7 0 0 0
Stockholders' Equity 1,112.0 1,133.2 1,136.1 1,266.7 1,158.7 569.4 82.8 52.3 54.0 54.5
Cash Flow
Operating Cash Flow (101.6) 21.1 27.0 253.5 538.6 140.6 5.5 (0.7) 1.3 4.4
Capital Expenditure (22.6) (40.3) (22.2) (18.8) (23.8) (36.5) (1.2) (2.8) (5.4) (3.8)
Free Cash Flow (124.2) (19.3) 4.8 234.7 514.7 104.1 4.3 (3.5) (4.0) 0.6