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Side-by-side financial comparison of FARMER BROTHERS CO (FARM) and Fulgent Genetics, Inc. (FLGT). Click either name above to swap in a different company.

FARMER BROTHERS CO is the larger business by last-quarter revenue ($88.9M vs $71.1M, roughly 1.3× Fulgent Genetics, Inc.). On growth, FARMER BROTHERS CO posted the faster year-over-year revenue change (-1.2% vs -3.2%). Over the past eight quarters, FARMER BROTHERS CO's revenue compounded faster (2.1% CAGR vs 0.1%).

Farmer Bros. Co. is an American coffee foodservice company based in Fort Worth, Texas. The company specializes in the manufacture and distribution of coffee, tea, and approximately 300 other foodservice items used by restaurants and other establishments. John Moore serves as the company's president and chief executive officer.

Fulgent Genetics, Inc. is a molecular diagnostics technology firm that develops and offers genetic testing services including carrier screening, oncology testing, infectious disease detection, and hereditary condition analysis, serving clinical providers, pharma firms, research institutions and public health groups primarily in North America.

FARM vs FLGT — Head-to-Head

Bigger by revenue
FARM
FARM
1.3× larger
FARM
$88.9M
$71.1M
FLGT
Growing faster (revenue YoY)
FARM
FARM
+1.9% gap
FARM
-1.2%
-3.2%
FLGT
Faster 2-yr revenue CAGR
FARM
FARM
Annualised
FARM
2.1%
0.1%
FLGT

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FARM
FARM
FLGT
FLGT
Revenue
$88.9M
$71.1M
Net Profit
$-4.9M
Gross Margin
36.3%
30.2%
Operating Margin
-4.7%
21.1%
Net Margin
-5.5%
Revenue YoY
-1.2%
-3.2%
Net Profit YoY
-2417.1%
EPS (diluted)
$-0.22
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FARM
FARM
FLGT
FLGT
Q1 26
$71.1M
Q4 25
$88.9M
$83.3M
Q3 25
$81.6M
$84.1M
Q2 25
$85.1M
$81.8M
Q1 25
$82.1M
$73.5M
Q4 24
$90.0M
$76.2M
Q3 24
$85.1M
$71.7M
Q2 24
$84.4M
$71.0M
Net Profit
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
$-4.9M
$-23.4M
Q3 25
$-4.0M
$-6.6M
Q2 25
$-4.7M
$-19.0M
Q1 25
$-5.0M
$-11.5M
Q4 24
$210.0K
$-5.9M
Q3 24
$-5.0M
$-14.6M
Q2 24
$-4.6M
$-8.7M
Gross Margin
FARM
FARM
FLGT
FLGT
Q1 26
30.2%
Q4 25
36.3%
39.1%
Q3 25
39.7%
42.2%
Q2 25
44.9%
42.1%
Q1 25
42.1%
38.6%
Q4 24
43.1%
41.8%
Q3 24
43.9%
37.3%
Q2 24
38.8%
37.3%
Operating Margin
FARM
FARM
FLGT
FLGT
Q1 26
21.1%
Q4 25
-4.7%
-43.5%
Q3 25
-3.9%
-18.3%
Q2 25
4.6%
-24.1%
Q1 25
-4.3%
-26.9%
Q4 24
1.1%
-21.2%
Q3 24
-3.3%
-23.8%
Q2 24
-4.9%
-26.6%
Net Margin
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
-5.5%
-28.1%
Q3 25
-4.9%
-7.9%
Q2 25
-5.6%
-23.2%
Q1 25
-6.1%
-15.7%
Q4 24
0.2%
-7.7%
Q3 24
-5.9%
-20.4%
Q2 24
-5.4%
-12.3%
EPS (diluted)
FARM
FARM
FLGT
FLGT
Q1 26
$0.04
Q4 25
$-0.22
Q3 25
$-0.19
Q2 25
$-0.22
Q1 25
$-0.23
Q4 24
$0.01
Q3 24
$-0.24
Q2 24
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FARM
FARM
FLGT
FLGT
Cash + ST InvestmentsLiquidity on hand
$4.2M
$23.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.7M
Total Assets
$151.4M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FARM
FARM
FLGT
FLGT
Q1 26
$23.4M
Q4 25
$4.2M
$50.2M
Q3 25
$3.8M
$117.6M
Q2 25
$6.8M
$87.9M
Q1 25
$4.1M
$67.3M
Q4 24
$5.5M
$55.1M
Q3 24
$3.3M
$58.0M
Q2 24
$5.8M
$65.1M
Stockholders' Equity
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
$35.7M
$1.1B
Q3 25
$40.0M
$1.1B
Q2 25
$43.5M
$1.1B
Q1 25
$37.3M
$1.1B
Q4 24
$41.5M
$1.1B
Q3 24
$40.9M
$1.1B
Q2 24
$45.5M
$1.1B
Total Assets
FARM
FARM
FLGT
FLGT
Q1 26
$1.2B
Q4 25
$151.4M
$1.2B
Q3 25
$158.8M
$1.2B
Q2 25
$161.2M
$1.2B
Q1 25
$163.2M
$1.2B
Q4 24
$179.1M
$1.2B
Q3 24
$182.0M
$1.2B
Q2 24
$185.2M
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FARM
FARM
FLGT
FLGT
Operating Cash FlowLast quarter
$-786.0K
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-2.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
$-786.0K
$-78.1M
Q3 25
$-5.0M
$11.1M
Q2 25
$9.7M
$-30.2M
Q1 25
$1.3M
$-4.4M
Q4 24
$2.6M
$25.0M
Q3 24
$2.5M
$-15.5M
Q2 24
$-995.0K
$4.3M
Free Cash Flow
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
$-2.6M
$-83.1M
Q3 25
$-6.9M
$5.1M
Q2 25
$-37.0M
Q1 25
$-684.0K
$-9.1M
Q4 24
$521.0K
$21.2M
Q3 24
$-837.0K
$-35.0M
Q2 24
$-8.7M
FCF Margin
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
-2.9%
-99.7%
Q3 25
-8.5%
6.0%
Q2 25
-45.2%
Q1 25
-0.8%
-12.5%
Q4 24
0.6%
27.9%
Q3 24
-1.0%
-48.8%
Q2 24
-12.2%
Capex Intensity
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
2.1%
6.0%
Q3 25
2.4%
7.2%
Q2 25
8.3%
Q1 25
2.4%
6.4%
Q4 24
2.3%
5.0%
Q3 24
3.9%
27.2%
Q2 24
18.2%
Cash Conversion
FARM
FARM
FLGT
FLGT
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
12.16×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FARM
FARM

Coffee Roasted$45.5M51%
Tea Iced Hot$23.3M26%
Culinary$14.1M16%
Spice$4.9M5%
Fuel Surcharge$1.2M1%

FLGT
FLGT

Segment breakdown not available.

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