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Side-by-side financial comparison of Fulgent Genetics, Inc. (FLGT) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $71.1M, roughly 1.4× Fulgent Genetics, Inc.).

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.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

FLGT vs GCL — Head-to-Head

Bigger by revenue
GCL
GCL
1.4× larger
GCL
$98.7M
$71.1M
FLGT

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FLGT
FLGT
GCL
GCL
Revenue
$71.1M
$98.7M
Net Profit
$-5.1M
Gross Margin
30.2%
11.0%
Operating Margin
21.1%
-6.7%
Net Margin
-5.2%
Revenue YoY
-3.2%
Net Profit YoY
EPS (diluted)
$0.04
$-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
FLGT
FLGT
GCL
GCL
Q1 26
$71.1M
Q4 25
$83.3M
Q3 25
$84.1M
$98.7M
Q2 25
$81.8M
$142.1M
Q1 25
$73.5M
Q4 24
$76.2M
Q3 24
$71.7M
$36.1M
Q2 24
$71.0M
Net Profit
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
$-23.4M
Q3 25
$-6.6M
$-5.1M
Q2 25
$-19.0M
$5.6M
Q1 25
$-11.5M
Q4 24
$-5.9M
Q3 24
$-14.6M
$-1.9M
Q2 24
$-8.7M
Gross Margin
FLGT
FLGT
GCL
GCL
Q1 26
30.2%
Q4 25
39.1%
Q3 25
42.2%
11.0%
Q2 25
42.1%
15.0%
Q1 25
38.6%
Q4 24
41.8%
Q3 24
37.3%
16.2%
Q2 24
37.3%
Operating Margin
FLGT
FLGT
GCL
GCL
Q1 26
21.1%
Q4 25
-43.5%
Q3 25
-18.3%
-6.7%
Q2 25
-24.1%
2.3%
Q1 25
-26.9%
Q4 24
-21.2%
Q3 24
-23.8%
-5.6%
Q2 24
-26.6%
Net Margin
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
-28.1%
Q3 25
-7.9%
-5.2%
Q2 25
-23.2%
3.9%
Q1 25
-15.7%
Q4 24
-7.7%
Q3 24
-20.4%
-5.2%
Q2 24
-12.3%
EPS (diluted)
FLGT
FLGT
GCL
GCL
Q1 26
$0.04
Q4 25
Q3 25
$-0.04
Q2 25
$0.05
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
FLGT
FLGT
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$23.4M
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
Total Assets
$1.2B
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLGT
FLGT
GCL
GCL
Q1 26
$23.4M
Q4 25
$50.2M
Q3 25
$117.6M
$16.6M
Q2 25
$87.9M
$18.2M
Q1 25
$67.3M
Q4 24
$55.1M
Q3 24
$58.0M
$2.7M
Q2 24
$65.1M
Total Debt
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
$1.1B
Q3 25
$1.1B
$33.1M
Q2 25
$1.1B
$35.9M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
$15.9M
Q2 24
$1.1B
Total Assets
FLGT
FLGT
GCL
GCL
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
$159.9M
Q2 25
$1.2B
$101.6M
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
$49.6M
Q2 24
$1.2B
Debt / Equity
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FLGT
FLGT
GCL
GCL
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
$-78.1M
Q3 25
$11.1M
$-4.8M
Q2 25
$-30.2M
$-10.3M
Q1 25
$-4.4M
Q4 24
$25.0M
Q3 24
$-15.5M
$6.1M
Q2 24
$4.3M
Free Cash Flow
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
$-83.1M
Q3 25
$5.1M
$-5.2M
Q2 25
$-37.0M
$-10.5M
Q1 25
$-9.1M
Q4 24
$21.2M
Q3 24
$-35.0M
Q2 24
$-8.7M
FCF Margin
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
-99.7%
Q3 25
6.0%
-5.3%
Q2 25
-45.2%
-7.4%
Q1 25
-12.5%
Q4 24
27.9%
Q3 24
-48.8%
Q2 24
-12.2%
Capex Intensity
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
6.0%
Q3 25
7.2%
0.4%
Q2 25
8.3%
0.1%
Q1 25
6.4%
Q4 24
5.0%
Q3 24
27.2%
Q2 24
18.2%
Cash Conversion
FLGT
FLGT
GCL
GCL
Q1 26
Q4 25
Q3 25
Q2 25
-1.84×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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