Fulgent Genetics Inc (FLGT)
Net profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -42,708 | -164,969 | -163,428 | -165,947 | -168,334 | -64,261 | -49,811 | -27,045 | 142,783 | 271,198 | 392,377 | 460,652 | 507,364 | 569,332 | 493,448 | 416,957 | 214,310 | 47,707 | 2,531 | -459 |
Revenue (ttm) | US$ in thousands | 283,470 | 277,761 | 290,705 | 287,530 | 289,213 | 286,412 | 307,380 | 364,868 | 618,968 | 802,935 | 925,148 | 953,423 | 992,584 | 1,035,891 | 909,739 | 773,388 | 421,712 | 135,121 | 43,752 | 34,911 |
Net profit margin | -15.07% | -59.39% | -56.22% | -57.71% | -58.20% | -22.44% | -16.21% | -7.41% | 23.07% | 33.78% | 42.41% | 48.32% | 51.12% | 54.96% | 54.24% | 53.91% | 50.82% | 35.31% | 5.78% | -1.31% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-42,708K ÷ $283,470K
= -15.07%
Fulgent Genetics Inc's net profit margin has displayed significant fluctuations over the period analyzed. The company's net profit margin started at a negative level of -1.31% in March 2020 but showed improvement in the subsequent quarters, reaching a peak of 54.96% in September 2021.
However, the net profit margin began to decline after September 2021, dropping to 23.07% by December 2022. The trend of declining profitability continued into the next periods, with the net profit margin turning negative in March 2023 and reaching a low of -59.39% by September 2024.
The wide variation in net profit margin indicates inconsistent profitability for Fulgent Genetics Inc during the period. Investors and stakeholders may need to closely monitor the company's financial performance and evaluate the factors influencing its bottom line to assess the sustainability of its profitability levels.
Peer comparison
Dec 31, 2024