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Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Stockholders' Equity
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Fulgent Stockholders' Equity
Noncontrolling Interest
Beginning Balance at Dec. 31, 2024 $ 1,129,159 $ 3 $ 543,126 $ (368) $ 590,467 $ 1,133,228 $ (4,069)
Beginning Balance, Shares at Dec. 31, 2024   30,841          
Equity-based compensation 10,550   10,550     10,550  
Restricted stock awards, Shares   360          
Common stock withholding for employee tax obligations (1,887)   (1,887)     (1,887)  
Common stock withholding for employee tax obligations, Shares   (111)          
Repurchase of common stock (7,886)   (7,886)     (7,886)  
Repurchase of common stock, Shares   (469)          
Other comprehensive income (loss), net 4,733     4,703   4,703 30
Net loss (11,899)       (11,530) (11,530) (369)
Ending Balance at Mar. 31, 2025 1,122,770 $ 3 543,903 4,335 578,937 1,127,178 (4,408)
Ending Balance, Shares at Mar. 31, 2025   30,621          
Beginning Balance at Dec. 31, 2024 1,129,159 $ 3 543,126 (368) 590,467 1,133,228 (4,069)
Beginning Balance, Shares at Dec. 31, 2024   30,841          
Net loss (31,155)            
Ending Balance at Jun. 30, 2025 1,111,636 $ 3 550,599 5,998 559,980 1,116,580 (4,944)
Ending Balance, Shares at Jun. 30, 2025   30,608          
Beginning Balance at Mar. 31, 2025 1,122,770 $ 3 543,903 4,335 578,937 1,127,178 (4,408)
Beginning Balance, Shares at Mar. 31, 2025   30,621          
Equity-based compensation 10,039   10,039     10,039  
Restricted stock awards, Shares   182          
Common stock withholding for employee tax obligations (345)   (345)     (345)  
Common stock withholding for employee tax obligations, Shares   (18)          
Repurchase of common stock (2,998)   (2,998)     (2,998)  
Repurchase of common stock, Shares   (177)          
Other comprehensive income (loss), net 1,426     1,663   1,663 (237)
Net loss (19,256)       (18,957) (18,957) (299)
Ending Balance at Jun. 30, 2025 1,111,636 $ 3 550,599 5,998 559,980 1,116,580 (4,944)
Ending Balance, Shares at Jun. 30, 2025   30,608          
Beginning Balance at Dec. 31, 2025 1,106,715 $ 3 574,520 7,512 529,954 1,111,989 (5,274)
Beginning Balance, Shares at Dec. 31, 2025 [1]   31,081          
Equity-based compensation 9,890   9,890     9,890  
Exercise of common stock options 9   9     9  
Exercise of common stock options, Shares [1]   24          
Restricted stock awards 1 $ 1       1  
Restricted stock awards, Shares [1]   540          
Common stock withholding for employee tax obligations (4,200)   (4,200)     (4,200)  
Common stock withholding for employee tax obligations, Shares [1]   (195)          
Repurchase of common stock (40,078)   (40,078)     (40,078)  
Repurchase of common stock, Shares [1]   (2,599)          
Other comprehensive income (loss), net (2,909)     (2,976)   (2,976) 67
Net loss (25,274)       (24,826) (24,826) (448)
Ending Balance at Mar. 31, 2026 1,044,154 $ 4 540,141 4,536 505,128 1,049,809 (5,655)
Ending Balance, Shares at Mar. 31, 2026 [1]   28,851          
Beginning Balance at Dec. 31, 2025 1,106,715 $ 3 574,520 7,512 529,954 1,111,989 (5,274)
Beginning Balance, Shares at Dec. 31, 2025 [1]   31,081          
Net loss (54,993)            
Ending Balance at Jun. 30, 2026 995,986 $ 4 524,097 1,920 475,598 1,001,619 (5,633)
Ending Balance, Shares at Jun. 30, 2026 [1]   27,515          
Beginning Balance at Mar. 31, 2026 1,044,154 $ 4 540,141 4,536 505,128 1,049,809 (5,655)
Beginning Balance, Shares at Mar. 31, 2026 [1]   28,851          
Equity-based compensation 8,624   8,624     8,624  
Exercise of common stock options 2   2     2  
Exercise of common stock options, Shares [1]   5          
Restricted stock awards, Shares [1]   201          
Common stock withholding for employee tax obligations (334)   (334)     (334)  
Common stock withholding for employee tax obligations, Shares [1]   (19)          
Repurchase of common stock (24,336)   (24,336)     (24,336)  
Repurchase of common stock, Shares [1]   (1,523)          
Other comprehensive income (loss), net (2,405)     (2,616)   (2,616) 211
Net loss (29,719)       (29,530) (29,530) (189)
Ending Balance at Jun. 30, 2026 $ 995,986 $ 4 $ 524,097 $ 1,920 $ 475,598 $ 1,001,619 $ (5,633)
Ending Balance, Shares at Jun. 30, 2026 [1]   27,515          
[1] The Company agreed to issue up to 292,682 shares of the Company’s common stock in the acquisition of ANP Technologies, Inc., or ANP, upon achieving certain cash receipts. $5.7 million represented the fair value of the shares on the ANP acquisition date (as defined below). As of June 30, 2026, no common stock has been issued as the milestones have not been met. See details in Note 15. Business Combinations.