GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026)
GeneDx Holdings (WGS) reported Cost of Revenue of $34.0 million for Q1 2026, up 18.87% year-over-year from $28.6 million in Q1 2025, and down 7.29% quarter-over-quarter from $36.7 million in Q4 2025.
GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has 7 years of Cost of Revenue data on file, last reported at $34.0 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $34.0 million, up 18.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $134.8 million (up 9.03% YoY), and the FY2025 annual result was $129.4 million, up 16.49% from the prior year.
- Cost of Revenue fell to $34.0 million in Q1 2026 per WGS's latest filing, from $36.7 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $77.7 million in Q4 2022 and troughed at $15.2 million in Q2 2023.
- A 5-year average of $31.8 million and a median of $28.6 million in 2025 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 79.97% in 2023, then soared 294.36% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $77.7 million in 2022, then slumped by 79.97% to $15.6 million in 2023, then soared by 294.36% to $61.4 million in 2024, then plunged by 40.15% to $36.7 million in 2025, then slipped by 7.29% to $34.0 million in 2026.
- Business Quant data shows WGS's Cost of Revenue at $34.0 million in Q1 2026, $36.7 million in Q4 2025, and $32.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,010.71 Bn | 30,010.25 Bn | 1.11 Bn | 155.00 Mn |
| 2 | Thermo Fisher Scientific | 179.46 Bn | 176.21 Bn | 7.74 Bn | 3.26 Bn |
| 3 | Danaher | 130.33 Bn | 124.64 Bn | 3.59 Bn | 2.36 Bn |
| 4 | Idexx Laboratories | 44.44 Bn | 44.24 Bn | 722.74 Mn | 175.25 Mn |
| 5 | Agilent Technologies | 37.27 Bn | 35.46 Bn | 990.00 Mn | 845.00 Mn |
| 6 | Iqvia Holdings | 30.70 Bn | 28.73 Bn | 1.36 Bn | 2.80 Bn |
| 7 | Natera | 30.59 Bn | 29.49 Bn | 696.04 Mn | 608,000.00 |
| 8 | Illumina | 24.86 Bn | 23.71 Bn | 721.00 Mn | 370.00 Mn |
| 9 | Mettler Toledo International | 23.06 Bn | 23.00 Bn | 555.82 Mn | 118.74 Mn |
| 10 | GeneDx Holdings | 1.60 Bn | 1.43 Bn | 68.21 Mn | 34.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.04 Mn |
| Mar 31, 2026 | 34.04 Mn |
| Dec 31, 2025 | 36.72 Mn |
| Dec 31, 2025 | 36.72 Mn |
| Sep 30, 2025 | 32.22 Mn |
| Sep 30, 2025 | 32.22 Mn |
| Jun 30, 2025 | 31.79 Mn |
| Jun 30, 2025 | 31.79 Mn |
| Mar 31, 2025 | 28.64 Mn |
| Mar 31, 2025 | 28.64 Mn |
| Dec 31, 2024 | 61.36 Mn |
| Dec 31, 2024 | 61.36 Mn |
| Sep 30, 2024 | 17.03 Mn |
| Sep 30, 2024 | 17.03 Mn |
| Jun 30, 2024 | 16.59 Mn |
| Jun 30, 2024 | 16.59 Mn |
| Mar 31, 2024 | 25.01 Mn |
| Mar 31, 2024 | 25.01 Mn |
| Dec 31, 2023 | 15.56 Mn |
| Dec 31, 2023 | 15.56 Mn |