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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 227,868 $ 101,716 $ 740,913 $ 126,734
Cost of revenue 43,466 26,261 153,399 38,035
Gross profit 184,402 75,455 587,514 88,699
Operating expenses:        
Research and development 6,021 3,177 16,755 7,004
Selling and marketing 6,012 5,014 16,239 9,871
General and administrative 12,299 3,741 28,630 7,575
Amortization of acquisition-related intangible assets 797   797  
Total operating expenses 25,129 11,932 62,421 24,450
Operating income 159,273 63,523 525,093 64,249
Interest and other income, net 496 421 1,382 937
Income before income taxes, gain (loss) on equity method investments and equity loss in investee 159,769 63,944 526,475 65,186
Provision for income taxes 37,545 14,526 127,647 13,961
Income before gain (loss) on equity method investments and equity loss in investee 122,224 49,418 398,828 51,225
Gain (loss) on equity-method investments   (2,591) 3,734 (2,591)
Equity loss in investee   (189)   (631)
Net income from consolidated operations 122,224 46,638 402,562 48,003
Net loss attributable to noncontrolling interests 298   463  
Net income attributable to Fulgent $ 122,522 $ 46,638 $ 403,025 $ 48,003
Net income per common share attributable to Fulgent:        
Basic $ 4.13 $ 2.11 $ 13.79 $ 2.20
Diluted $ 3.93 $ 1.98 $ 13.04 $ 2.07
Weighted-average common shares:        
Basic 29,673 22,062 29,221 21,793
Diluted 31,170 23,539 30,906 23,135