Fulgent Genetics, Inc. (FLGT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 479.04M | 550.49M | 507.37M | 428.73M | 416.78M | 353.57M | 326.54M | 399.1M | 386.51M | 507.85M | 549.86M | 528.29M | 580.72M | 627.87M | 696.61M | 675.18M | 765.33M | 611.96M | 622.84M | 566.69M |
| Cash & Short-Term Investments | 276.3M | 336.08M | 375.8M | 292.93M | 320.32M | 258.11M | 213.07M | 311.71M | 305.69M | 424.15M | 467.8M | 458.43M | 504.49M | 526.24M | 571.06M | 515.4M | 585.11M | 450.5M | 469.98M | 383.79M |
| Cash Only | 23.4M | 50.19M | 117.64M | 87.88M | 67.28M | 55.14M | 58.04M | 65.11M | 54.68M | 97.47M | 84.08M | 58.35M | 66.17M | 79.51M | 168.77M | 138.78M | 353.07M | 164.89M | 214.88M | 100.46M |
| Short-Term Investments | 252.9M | 285.88M | 258.16M | 205.05M | 253.04M | 202.96M | 155.03M | 246.59M | 251.02M | 326.68M | 383.73M | 400.08M | 438.31M | 446.73M | 402.29M | 376.62M | 232.04M | 285.61M | 255.1M | 283.33M |
| Accounts Receivable | 75.74M | 91.61M | 78.72M | 85.03M | 80.44M | 77.03M | 64.89M | 63.72M | 59.41M | 57.45M | 54.63M | 39.68M | 48.21M | 75.11M | 107.59M | 137.5M | 164.91M | 143.29M | 125.56M | 153.21M |
| Days Sales Outstanding | 105.86 | 94.02 | 89.6 | 92.04 | 96.46 | 85.66 | 82.46 | 78.87 | 82.45 | 73.12 | 51.23 | 58.94 | 83.87 | 124.13 | 106.71 | 109.78 | 43.31 | 49.14 | 56.28 | 110.29 |
| Inventory | 770K | 10.6M | 10.06M | 8.98M | 8.62M | 8.38M | 8.63M | 7.03M | 6.53M | 5.83M | 4.88M | 5.53M | 4.72M | 4.28M | 7.51M | 11.94M | 10.61M | 12.21M | 21.95M | 25.37M |
| Days Inventory Outstanding | 10.31 | 18.73 | 18.04 | 16.91 | 16.96 | 17.64 | 16.02 | 13.85 | 13.26 | 10.88 | 10.68 | 9.87 | 8.55 | 9.91 | 15.02 | 17.08 | 13.21 | 25.29 | 50.08 | 64.79 |
| Other Current Assets | 11.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 677.33M | 663.03M | 707.19M | 771.11M | 788.96M | 866.39M | 907.22M | 833.13M | 843.38M | 727.48M | 808.54M | 826.29M | 796.04M | 758.18M | 709.17M | 786.48M | 700.26M | 666.76M | 581.83M | 483.17M |
| Property, Plant & Equipment | 124.03M | 112.55M | 111.86M | 110.22M | 107.08M | 105.55M | 106.81M | 93.37M | 86.72M | 83.46M | 85.27M | 87.56M | 79.08M | 81.35M | 81.81M | 86.05M | 68.62M | 62.29M | 60.17M | 51.09M |
| Fixed Asset Turnover | 0.60x | 0.74x | 0.76x | 0.75x | 0.69x | 0.72x | 0.72x | 0.79x | 0.76x | 0.84x | 0.98x | 0.81x | 0.82x | 0.83x | 1.26x | 1.62x | 4.89x | 4.11x | 4.10x | 3.13x |
| Goodwill | 53.73M | 25.08M | 25.08M | 22.05M | 22.05M | 22.05M | 22.05M | 22.05M | 22.05M | 22.05M | 141.84M | 141.97M | 143.12M | 143.03M | 120.31M | 121.35M | 51M | 50.9M | 48.75M | 23.11M |
| Intangible Assets | 153.99M | 133.28M | 135.25M | 131.06M | 133.01M | 134.98M | 137.12M | 138.97M | 140.99M | 143.05M | 144.49M | 146.47M | 148.7M | 150.64M | 87.85M | 89.69M | 35.04M | 35.91M | 36.68M | 6.83M |
| Long-Term Investments | 328.42M | 369.27M | 411.78M | 484.47M | 494.11M | 570.35M | 602.23M | 546.6M | 560.93M | 444.01M | 398.82M | 401.23M | 379.81M | 339.03M | 358.18M | 427.6M | 510.79M | 507.01M | 427.28M | 393.25M |
| Other Non-Current Assets | 17.15M | 22.86M | 23.21M | 23.3M | 32.71M | 33.46M | 39.01M | 32.14M | 32.68M | 34.9M | 38.13M | 49.06M | 45.33M | 44.12M | 61.02M | 61.78M | 34.81M | 10.65M | 8.95M | 8.9M |
| Total Assets | 1.16B | 1.21B | 1.21B | 1.2B | 1.21B | 1.22B | 1.23B | 1.23B | 1.23B | 1.24B | 1.36B | 1.35B | 1.38B | 1.39B | 1.41B | 1.46B | 1.47B | 1.28B | 1.2B | 1.05B |
| Asset Turnover | 0.06x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.06x | 0.05x | 0.05x | 0.05x | 0.07x | 0.09x | 0.23x | 0.20x | 0.20x | 0.15x |
| Asset Growth % | -4.09% | -0.53% | -1.56% | -2.63% | -1.96% | -1.24% | -9.18% | -9.03% | -10.67% | -10.87% | -3.37% | -7.33% | -6.06% | 8.39% | 16.69% | 39.23% | 46.69% | 82.55% | 387.11% | 994.57% |
| Total Current Liabilities | 90.13M | 84.97M | 72.43M | 71.33M | 65.92M | 72.9M | 73.99M | 75.75M | 75.95M | 73.02M | 61.42M | 64.82M | 81.94M | 88.11M | 102.52M | 127.53M | 141.71M | 105.31M | 147.16M | 121.52M |
| Accounts Payable | 21.13M | 18.65M | 18.09M | 18.89M | 18.24M | 18.36M | 19.8M | 19.87M | 19.62M | 15.36M | 15.77M | 20.61M | 22.08M | 23.09M | 14.48M | 37.11M | 23.7M | 20.49M | 24.87M | 14.74M |
| Days Payables Outstanding | 36.05 | 33.3 | 35.03 | 35.66 | 36.51 | 39.58 | 40.59 | 40.34 | 37.55 | 31.63 | 37.32 | 41.08 | 42.92 | 31.59 | 39.84 | 46.06 | 25.59 | 33.58 | 41.92 | 40.84 |
| Short-Term Debt | 2.69M | 476K | 476K | 476K | 476K | 412K | 412K | 412K | 413K | 1.18M | 2.89M | 4.56M | 20.61M | 20.64M | 20.48M | 20.79M | 21.09M | 21.28M | 15.11M | 15.08M |
| Deferred Revenue (Current) | 3.01M | 31.78M | 30.85M | 30.27M | 30.51M | 29.84M | 29.91M | 29.04M | 30M | 25.57M | 21.45M | 17.06M | 14.35M | 14.09M | 28.41M | 39.06M | 31.83M | 34.38M | 49.39M | 52.24M |
| Other Current Liabilities | 53.65M | 10.46M | 8.99M | 7.86M | 6.13M | 9.89M | 8.78M | 3.21M | 3.77M | 9.96M | 281K | 362K | 3.81M | 5.3M | 716K | 661K | 1.09M | 10.68M | 8.5M | 57.39M |
| Current Ratio | 5.31x | 6.48x | 7.01x | 6.01x | 6.32x | 4.85x | 4.41x | 5.27x | 5.09x | 6.96x | 8.95x | 8.15x | 7.09x | 7.13x | 6.79x | 5.29x | 5.40x | 5.81x | 4.23x | 4.66x |
| Quick Ratio | 5.31x | 6.35x | 6.87x | 5.88x | 6.19x | 4.74x | 4.30x | 5.18x | 5.00x | 6.88x | 8.87x | 8.06x | 7.03x | 7.08x | 6.72x | 5.20x | 5.33x | 5.70x | 4.08x | 4.45x |
| Cash Conversion Cycle | 80.11 | 79.45 | 72.61 | 73.29 | 76.91 | 63.73 | 57.89 | 52.37 | 58.16 | 52.37 | 24.59 | 27.73 | 49.5 | 102.45 | 81.89 | 80.8 | 30.93 | 40.84 | 64.44 | 134.24 |
| Total Non-Current Liabilities | 22.08M | 21.84M | 21.38M | 16.87M | 17.06M | 17.91M | 24.88M | 27.64M | 27.29M | 29.02M | 35.14M | 26.43M | 25.91M | 28.07M | 21.86M | 23.4M | 10.92M | 7.53M | 13.06M | 7.61M |
| Long-Term Debt | 1.48M | 1.96M | 1.96M | 1.96M | 1.96M | 2.49M | 2.49M | 2.49M | 2.49M | 2.96M | 0 | 0 | 0 | 3.37M | 0 | 0 | 0 | 0 | 5.95M | 5.9M |
| Capital Lease Obligations | 6.01M | 3.78M | 3.62M | 3.77M | 3.89M | 4.12M | 4.66M | 7.16M | 6.58M | 7.15M | 0 | 0 | 0 | 8.79M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 12.71M | 6.94M | 7.04M | 6.12M | 6.24M | 6.37M | 6.73M | 6.95M | 7.41M | 7.96M | 9.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 534K | 0 |
| Other Non-Current Liabilities | 1.89M | 9.17M | 8.76M | 5.02M | 4.97M | 4.92M | 10.99M | 11.04M | 10.81M | 10.95M | 25.31M | 26.43M | 25.91M | 15.9M | 21.86M | 23.4M | 10.92M | 7.53M | 7.11M | 1.71M |
| Total Liabilities | 112.22M | 106.81M | 93.81M | 88.2M | 82.97M | 90.81M | 98.86M | 103.39M | 103.24M | 102.04M | 96.56M | 91.25M | 107.85M | 116.18M | 124.39M | 150.93M | 152.63M | 112.84M | 160.22M | 129.13M |
| Total Debt | 10.17M | 7.68M | 7.54M | 7.39M | 7.66M | 8.47M | 9.05M | 12.35M | 12.39M | 15.25M | 2.89M | 4.56M | 20.61M | 38.94M | 20.48M | 20.79M | 21.09M | 21.28M | 22.9M | 21.98M |
| Net Debt | -13.23M | -42.52M | -110.1M | -80.49M | -59.62M | -46.68M | -48.99M | -52.76M | -42.28M | -82.22M | -81.19M | -53.79M | -45.56M | -40.57M | -148.29M | -117.99M | -331.98M | -143.61M | -191.98M | -78.48M |
| Debt / Equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.00x | 0.00x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | 0.44x | - | - | - | 2.01x | 0.98x | 0.10x | 0.14x | 0.14x | 0.22x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | -12.24x | - | - | - | -14.58x | -5.58x | -1.61x | -0.93x | -1.18x | -0.77x |
| Interest Coverage | -1527.12x | -217.46x | -218.39x | -1264.82x | -836.36x | -37.31x | -1322.71x | - | - | - | 99.00x | - | - | - | - | - | - | - | - | - |
| Total Equity | 1.04B | 1.11B | 1.12B | 1.11B | 1.12B | 1.13B | 1.13B | 1.13B | 1.13B | 1.13B | 1.26B | 1.26B | 1.27B | 1.27B | 1.28B | 1.31B | 1.31B | 1.17B | 1.04B | 920.73M |
| Equity Growth % | -7% | -1.99% | -1.25% | -1.52% | -0.34% | -0.36% | -10.06% | -10.64% | -11.21% | -10.76% | -1.53% | -3.62% | -3.35% | 8.92% | 22.69% | 42.36% | 63.8% | 104.76% | 458.67% | 957.78% |
| Book Value per Share | 33.81 | 35.96 | 36.45 | 36.05 | 36.42 | 36.84 | 37.31 | 37.51 | 37.85 | 38.07 | 42.04 | 42.38 | 42.96 | 41.01 | 41.51 | 42.03 | 42.03 | 37.37 | 33.51 | 29.86 |
| Total Shareholders' Equity | 1.05B | 1.11B | 1.13B | 1.12B | 1.13B | 1.13B | 1.14B | 1.13B | 1.13B | 1.14B | 1.26B | 1.26B | 1.26B | 1.27B | 1.28B | 1.3B | 1.31B | 1.16B | 1.04B | 912.73M |
| Common Stock | 4K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 3K |
| Retained Earnings | 505.13M | 529.95M | 553.37M | 559.98M | 578.94M | 590.47M | 596.36M | 611M | 619.71M | 633.17M | 761.32M | 774.43M | 785.66M | 801M | 824.83M | 823.11M | 811.58M | 657.6M | 553.26M | 430.74M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4.54M | 7.51M | 6.82M | 6M | 4.33M | -368K | 9.18M | -877K | -1.1M | 1.21M | -16.89M | -20.75M | -17.2M | -20.9M | -25.6M | -22.42M | -12.49M | -759K | -212K | -265K |
| Minority Interest | -5.66M | -5.27M | -5.13M | -4.94M | -4.41M | -4.07M | -3.55M | -3.7M | -3.3M | -2.81M | 3.14M | 3.56M | 4.47M | 3.19M | 4.35M | 5.97M | 6.83M | 7.13M | 7.67M | 8M |