Fulgent Genetics Inc
NASDAQ:FLGT

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Fulgent Genetics Inc
NASDAQ:FLGT
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Price: 28.3 USD -0.63% Market Closed
Market Cap: 874.8m USD

Fulgent Genetics Inc
Investor Relations

Fulgent Genetics, Inc. is a technology company, which engages in the provision of gene testing and sequencing solutions. The company is headquartered in Temple City, California and currently employs 645 full-time employees. The company went IPO on 2016-09-28. The firm develops a technology platform, which offers a test menu. The company performs full-gene sequencing with deletion/duplication analysis in single-gene tests; pre-established, multi-gene, disease-specific panels; and customized panels. Its test offerings also include Solid Tumor Molecular Profiling for somatic cancer testing, Rapid Whole Genome testing developed for children in neonatal intensive care units or pediatric intensive care units its Newborn Genetic Analysis panel, and a single front-line test designed to comprehensively detect ataxia-related variants. The company also offers certain research service tests, which are ordered by research institutions and other similar institutional customers.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Revenue Growth: Fulgent reported Q3 2025 revenue of $84.1 million, up from $81.8 million in Q2, with strong results in both Precision Diagnostics and Biopharma.

Margin Improvement: Gross margin rose to 42.2% (GAAP), up year-over-year due to operational efficiencies, with non-GAAP margin at 44.3%. Operating expenses declined sequentially.

Raised Guidance: The company raised full-year 2025 revenue guidance to $325 million (15% YoY growth), and now expects positive non-GAAP EPS of $0.30, up from previous loss guidance.

Product Innovation: Fulgent launched ultrarapid whole genome sequencing for NICU and expanded its Beacon carrier screening panel to 1,000 genes, maintaining a market lead.

Therapeutics Progress: Clinical candidate FID-007 showed strong Phase II preliminary results, with continued enrollment and a platform expansion. FID-022 advanced to Phase I.

Cash Position: The company ended the quarter with $787.7 million in cash, expecting to finish 2025 with about $800 million, assuming planned tax refunds arrive.

Key Financials
Revenue
$84.1 million
Gross Margin
42.2%
Operating Expenses
$50.9 million
Net Loss
$6.6 million
Adjusted EBITDA
$0.7 million
Non-GAAP Operating Margin
-4.2%
Non-GAAP EPS
$0.14 per share (Q3), $0.30 per share (full year 2025 guidance)
GAAP EPS
loss of $1.70 per share (full year 2025 guidance)
Cash and Equivalents
$787.7 million
Shares Outstanding
31.3 million weighted average diluted shares
Earnings Call Recording
Other Earnings Calls

Management

Mr. Ming Hsieh
Chairman & CEO
No Bio Available
Mr. Jian Xie
COO & President
No Bio Available
Mr. Paul Kim CPA
Chief Financial Officer
No Bio Available
Dr. Hanlin Gao D.A.B.M.G., FACMG, M.D., Ph.D.
Chief Scientific Officer & Laboratory Director
No Bio Available
Ms. Natalie Prescott
General Counsel & Chief Privacy Officer
No Bio Available
Ms. Doreen Ng
VP of Operations & Compliance and GM of Houston Office
No Bio Available
Mr. Jakub Sram
Vice President of Business Development & Sales
No Bio Available
Ms. Ellen Tsui
Vice President of Human Resources
No Bio Available
Mr. Brandon Perthuis
Chief Commercial Officer
No Bio Available
Dr. Lawrence M. Weiss M.D.
Chief Medical Officer
No Bio Available

Contacts

Address
CALIFORNIA
Temple City
4978 Santa Anita Ave Ste 205
Contacts