NASDAQ$FLGT

Fulgent Genetics Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Fulgent Genetics reported Q2 2025 results with total revenue of $81.8 million and core revenue growth of 16% year-over-year.

Fulgent Genetics Inc. announced financial results for the second quarter ended June 30, 2025, showing total revenue of $81.8 million and core revenue of $81.7 million, up 16% from the prior year. The company posted a GAAP net loss of $19.0 million or $0.62 per share, while non-GAAP net income reached $2.1 million or $0.07 per share. Cash, cash equivalents, restricted cash, and investments totaled $777.5 million at quarter end.

  • Total revenue reached $81.8 million with core revenue growing 16% YoY to $81.7 million.
  • GAAP net loss of $19.0 million ($0.62 per share) included a one-time charge; non-GAAP net income was $2.1 million ($0.07 per share).
  • GAAP gross margin was 42.1% and non-GAAP gross margin was 44.2%.
  • Full-year 2025 core revenue guidance raised to approximately $320 million.

Headline financials

Total Revenue

$81.8M

Previous: $71M+15.2%
EPS (adj)

$0.07

Previous: -$0.29+124.1%
Core Revenue Growth

16.0%

No prior period
GAAP Gross Margin

42.1%

No prior period
Non-GAAP Gross Margin

44.2%

No prior period
Capital Expenditures

-$11.5M

Previous: -$17M+32.1%
Net Income

-$19M

Previous: -$8.71M-117.6%
Gross Profit

$34.4M

Previous: $26.5M+30.0%
Cash & Equivalents

$87.9M

Previous: $65.1M+35.0%
Total Assets

$1.2B

Previous: $1.23B-2.6%

Revenue & EPS history

Fulgent · Revenue · Quarterly

$81.8M

Q2 2025+15.2%vs Q2 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Fulgent · $81.7M total across 1 segment · Q2 2025

  • Core Revenue
    $81.7M

Forward guidance

For full year 2025, Fulgent expects core revenue of approximately $320.0 million, GAAP loss of approximately ($2.10) per share, non-GAAP loss of approximately ($0.35) per share, and cash position of approximately $770.0 million as of December 31, 2025.

Tailwinds

  • Raised full year core revenue guidance to $320 million.
  • Strong momentum in laboratory services business.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-2.5%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-1.3%

Avg return

30 days after

37%

15 / 41 earnings

Positive

+38.3%

Q3 2019

Best reaction

-38.1%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-7.0%-1.8%+19.2%
Q4 2025-38.1%-43.5%-37.0%
Q3 2025+18.3%+30.3%+24.6%
Q1 2025+18.7%+8.1%+20.1%
Q4 2024-1.5%+6.1%+8.7%
Q3 2024-9.0%-16.3%-8.8%
Q2 2024+0.4%-0.3%-4.3%
Q1 2024+1.2%+0.1%-2.8%
Q4 2023-11.5%-6.8%-14.8%
Q3 2023+14.0%+11.1%+15.5%
Q2 2023-15.4%-18.1%-18.6%
Q1 2023+16.1%+23.4%+41.4%
Q4 2022-2.5%+3.3%-9.1%
Q3 2022-8.6%+3.3%-2.4%
Q2 2022-4.9%-20.4%-33.9%
Q1 2022+4.4%-4.1%-1.6%
Q4 2021-1.3%+0.1%-2.1%
Q3 2021-1.1%+10.5%+4.3%
Q2 2021-8.0%-10.9%-15.2%
Q1 2021+3.9%-2.5%+2.6%
Q4 2020-0.5%+18.1%+8.3%
Q3 2020-17.0%+6.9%+20.0%
Q2 2020+27.2%+26.1%+13.2%
Q1 2020-21.0%+3.9%+10.3%
Q4 2019-32.3%-42.6%-29.1%
Q3 2019+38.3%+68.1%+26.0%
Q2 2019+31.9%+45.4%+46.7%
Q1 2019-15.8%-16.5%-11.3%
Q4 2018+9.6%+7.6%+29.3%
Q3 2018+6.9%+12.3%+2.8%
Q2 2018-0.8%-4.9%-17.9%
Q1 2018-0.3%-2.3%-4.9%
Q4 2017-9.1%-20.9%-15.6%
Q3 2017+0.4%-4.0%+0.9%
Q2 2017-15.6%-9.9%-16.4%
Q1 2016-31.1%-30.0%-53.4%
Q1 2017-33.1%-29.4%-53.9%
Q2 2016-3.8%-9.0%-7.5%
Q4 2016+1.1%-4.2%-2.9%
Q4 2015-1.6%-1.7%+8.2%
Q3 2016-3.1%-4.1%+9.5%
Q3 2015
Q2 2015
Q1 2015

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