Growth Metrics

GeneDx Holdings (WGS) Gross Margin (2020 - 2026)

GeneDx Holdings has reported Gross Margin over the past 7 years, most recently at 66.71% for Q1 2026.

  • Quarterly Gross Margin fell 42.0% to 66.71% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 69.56% through Mar 2026, up 429.0% year-over-year, with the annual reading at 69.74% for FY2025, 610.0% up from the prior year.
  • Gross Margin was 66.71% for Q1 2026 at GeneDx Holdings, down from 69.65% in the prior quarter.
  • Over five years, Gross Margin peaked at 72.4% in Q3 2025 and troughed at 81.83% in Q2 2022.
  • The 5-year median for Gross Margin is 59.93% (2024), against an average of 40.6%.
  • Year-over-year, Gross Margin tumbled -7936bps in 2022 and then skyrocketed 12034bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 26.61% in 2022, then surged by 301bps to 53.56% in 2023, then grew by 29bps to 69.22% in 2024, then grew by 1bps to 69.65% in 2025, then dropped by -4bps to 66.71% in 2026.
  • Per Business Quant, the three most recent readings for WGS's Gross Margin are 66.71% (Q1 2026), 69.65% (Q4 2025), and 72.4% (Q3 2025).