GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026)
GeneDx Holdings' (WGS) quarterly Cost of Revenue came in at $36.2 million in Q2 2026, up 13.88% year-over-year from $31.8 million in Q2 2025, and up 6.34% quarter-over-quarter from $34.0 million in Q1 2026.
Analysis
GeneDx Holdings (WGS) Cost of Revenue (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Cost of Revenue for 7 consecutive years, with $36.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 13.88% year-over-year to $36.2 million in Q2 2026; TTM through Jun 2026 was $139.2 million, a 17.05% increase from a year earlier, with the FY2025 full-year figure at $129.4 million, up 16.49% from the prior year.
- Cost of Revenue was $36.2 million for Q2 2026 at GeneDx Holdings, up from $34.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $77.7 million in Q4 2022 and troughed at $25.0 million in Q1 2024.
- A 5-year average of $38.0 million and a median of $30.9 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue jumped 36.51% in 2022 and tumbled 65.67% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at $77.7 million in 2022, then plunged by 65.67% to $26.7 million in 2023, then grew by 10.39% to $29.4 million in 2024, then climbed by 24.75% to $36.7 million in 2025, then declined by 1.41% to $36.2 million in 2026.
- The last three Cost of Revenue figures came in at $36.2 million (Q2 2026), $34.0 million (Q1 2026), and $36.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 266.60 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 2.02 Bn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 2.62 Bn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 115.95 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 108.23 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 81.33 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 143.41 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 32.34 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 20.17 Mn |
| 10 | GeneDx Holdings | 3.01 Bn | 2.88 Bn | 78.24 Mn | 36.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.20 Mn |
| Mar 31, 2026 | 34.04 Mn |
| Dec 31, 2025 | 36.72 Mn |
| Sep 30, 2025 | 32.22 Mn |
| Jun 30, 2025 | 31.79 Mn |
| Mar 31, 2025 | 28.64 Mn |
| Dec 31, 2024 | 29.44 Mn |
| Sep 30, 2024 | 29.05 Mn |
| Jun 30, 2024 | 27.56 Mn |
| Mar 31, 2024 | 25.01 Mn |
| Dec 31, 2023 | 26.66 Mn |
| Sep 30, 2023 | 28.04 Mn |
| Jun 30, 2023 | 29.95 Mn |
| Mar 31, 2023 | 27.90 Mn |
| Dec 31, 2022 | 77.68 Mn |
| Sep 30, 2022 | 69.69 Mn |
| Jun 30, 2022 | 65.77 Mn |
| Mar 31, 2022 | 48.32 Mn |
| Dec 31, 2021 | 60.61 Mn |
| Sep 30, 2021 | 51.49 Mn |