---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-021645"
form_type: "8-K"
ticker: "FLGT"
cik: "0001674930"
company_name: "Fulgent Genetics, Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:03:30.874637+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fulgent Genetics reports Q4 GAAP loss $128.1M; core revenue grows 21% YoY

## Summary
- Full year total revenue $289.2M; core revenue (ex-COVID) grew 44% to $262.1M.
- Q4 total revenue $70.5M; core revenue grew 21% to $66.5M.
- Q4 GAAP net loss $128.1M ($4.30 per share); non-GAAP income $8.3M ($0.28 per share).
- Full year GAAP net loss $167.8M ($5.63 per share); non-GAAP loss $12.3M ($0.41 per share).
- Cash and investments $847.7M as of Dec 31, 2023; repurchased 953k shares for $25.1M in FY 2023.

## SEC filing metadata
- accession: 0000950170-24-021645
- form_type: 8-K
- ticker: FLGT
- cik: 0001674930
- company_name: Fulgent Genetics, Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674930/000095017024021645/0000950170-24-021645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674930/000095017024021645/flgt-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-021645
- JSON: https://secwatch.observer/filing/0000950170-24-021645.json
- Plain text: https://secwatch.observer/filing/0000950170-24-021645.txt

## Key facts
- Earnings Releases
  Fulgent Genetics, Inc. reported fiscal quarter and year ended December 31, 2023 results: revenue Total Revenue of $289.2 million, net income GAAP loss of $167.8 million, EPS $5.63 per share.
  - Period: fiscal quarter and year ended December 31, 2023
  - Revenue: Total Revenue of $289.2 million
  - Net income: GAAP loss of $167.8 million
  - EPS: $5.63 per share
  - Result: reported results
  source text: Fulgent Reports Fourth Quarter and Full Year 2023 Financial Results • Full Year 2023 Total Revenue of $289.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674930/000095017024021645/0000950170-24-021645-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.