GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026)

GeneDx Holdings (WGS) posted quarterly Cost of Revenue of $34.0 million for Q1 2026, up 18.87% YoY from $28.6 million in Q1 2025, and down 7.29% sequentially from $36.7 million in Q4 2025.

GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026) Analysis & Trends

GeneDx Holdings has disclosed Cost of Revenue across 7 years of filings, most recently posting $34.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 18.87% year-over-year to $34.0 million; the TTM figure through Mar 2026 stood at $134.8 million (up 9.03% YoY), while the FY2025 annual figure was $129.4 million, up 16.49% from the prior year.
  • Cost of Revenue slipped to $34.0 million in Q1 2026, from $36.7 million in the prior quarter.
  • Over the last five years, Cost of Revenue for WGS reached as high as $77.7 million in Q4 2022 and fell as low as $15.2 million in Q2 2023.
  • The 5-year median for Cost of Revenue is $28.6 million (2025), against an average of $31.8 million.
  • Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 79.97% — and 2024, when it soared 294.36%.
  • A 5-year view of Cost of Revenue shows it stood at $77.7 million in 2022, then plunged by 79.97% to $15.6 million in 2023, then soared by 294.36% to $61.4 million in 2024, then slumped by 40.15% to $36.7 million in 2025, then slipped by 7.29% to $34.0 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $34.0 million, $36.7 million, and $32.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 GeneDx Holdings 2.10 Bn 1.93 Bn 68.21 Mn 34.04 Mn

Historic Data

Download Data
DateValue
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