Fulgent Genetics Q3 revenue rises 8% to $90.4 million; loss widens to $0.48 per share
Fulgent Genetics reported third quarter 2026 revenue of $90.4 million, up about 8% from a year earlier, but swung to a GAAP loss of $13.2 million, or $(0.48) per share, from a loss of $(0.21) per share a year earlier. The company kept its full-year revenue guidance of $330.0-$340.0 million and improved its outlook for the full-year non-GAAP loss and cash, which it attributed to disciplined spending; the CFO also cited progress on a billing system issue. For shareholders, revenue growth is offset by larger losses in the quarter.
Key points
- Q3 2026 revenue of $90.4 million versus $84.1 million a year earlier; GAAP loss of $13.2 million, or $(0.48) per share, versus $(0.21) per share
- Non-GAAP loss of $2.4 million, or $(0.09) per share, compared with non-GAAP income of $4.5 million, or $0.15 per share, in Q3 2025
- Full-year 2026 revenue guidance maintained at $330.0-$340.0 million; non-GAAP loss guidance set at approximately $46.0-$50.0 million
- Cash, cash equivalents, restricted cash and marketable securities totaled $652.4 million at September 30, 2026
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.