GeneDx Holdings (WGS) Asset Writedowns and Impairment (2021 - 2026)

GeneDx Holdings (WGS) posted quarterly Asset Writedowns and Impairment of $31.3 million for Q1 2026, up 20683.55% quarter-over-quarter from -$152000.0 in Q4 2025.

GeneDx Holdings (WGS) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends

GeneDx Holdings (WGS) has reported Asset Writedowns and Impairment for 6 consecutive years, with $31.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Asset Writedowns and Impairment changed N/A year-over-year to $31.3 million; the TTM figure through Mar 2026 stood at $31.3 million (up 22937.23% YoY), while the FY2023 annual figure was $10.4 million, down 95.05% from the prior year.
  • Asset Writedowns and Impairment advanced to $31.3 million in Q1 2026 per WGS's latest filing, from -$152000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $174.5 million in Q4 2022 and bottomed at -$152000.0 in Q4 2025.
  • Historically, Asset Writedowns and Impairment has averaged $21.6 million across 5 years, with a median of $83000.0 in 2022.
  • Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment surged 15652.58% — and 2024, when it slumped 98.11%.
  • GeneDx Holdings' Asset Writedowns and Impairment stood at $174.5 million in 2022, then plunged by 95.25% to $8.3 million in 2023, then slumped by 101.65% to -$137000.0 in 2024, then dropped by 10.95% to -$152000.0 in 2025, then jumped by 20683.55% to $31.3 million in 2026.
  • Business Quant data shows WGS's Asset Writedowns and Impairment at $31.3 million in Q1 2026, -$152000.0 in Q4 2025, and $29000.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn
10 GeneDx Holdings 2.08 Bn 1.94 Bn 78.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.29 Mn
Mar 31, 2026 31.29 Mn
Dec 31, 2025 -152,000.00
Dec 31, 2025 -152,000.00
Sep 30, 2025 29,000.00
Sep 30, 2025 29,000.00
Jun 30, 2025 123,000.00
Jun 30, 2025 123,000.00
Dec 31, 2024 -137,000.00
Dec 31, 2024 -137,000.00
Mar 31, 2024 40,000.00
Mar 31, 2024 40,000.00
Sep 30, 2023 8.28 Mn
Sep 30, 2023 8.28 Mn
Mar 31, 2023 2.12 Mn
Mar 31, 2023 2.12 Mn
Dec 31, 2022 174.50 Mn
Dec 31, 2022 174.50 Mn
Mar 31, 2022 43,000.00
Mar 31, 2022 43,000.00