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
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