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

GeneDx Holdings (WGS) posted quarterly Gross Profit of $68.2 million for Q1 2026, up 16.65% year-over-year from $58.5 million in Q1 2025, and down 19.05% quarter-over-quarter from $84.3 million in Q4 2025.

GeneDx Holdings (WGS) Gross Profit (2020 - 2026) Analysis & Trends

GeneDx Holdings (WGS) has reported Gross Profit for 7 consecutive years, with $68.2 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Profit rose 16.65% year-over-year to $68.2 million; the TTM figure through Mar 2026 stood at $307.9 million (up 42.91% YoY), while the FY2025 annual figure was $298.2 million, up 53.38% from the prior year.
  • Gross Profit declined to $68.2 million in Q1 2026 per WGS's latest filing, from $84.3 million in the prior quarter.
  • Across five years, Gross Profit topped out at $84.5 million in Q3 2025 and bottomed at -$29.6 million in Q2 2022.
  • Historically, Gross Profit has averaged $36.7 million across 5 years, with a median of $37.4 million in 2024.
  • Annual changes were most pronounced in 2022 — Gross Profit slumped 2442.78% — and 2023, when it soared 288.37%.
  • GeneDx Holdings' Gross Profit stood at -$16.3 million in 2022, then jumped by 288.37% to $30.8 million in 2023, then surged by 115.27% to $66.2 million in 2024, then increased by 27.28% to $84.3 million in 2025, then slipped by 19.05% to $68.2 million in 2026.
  • Business Quant data shows WGS's Gross Profit at $68.2 million in Q1 2026, $84.3 million in Q4 2025, and $84.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.78 Bn 209.71 Bn 8.34 Bn
2 Danaher 139.83 Bn 135.48 Bn 3.61 Bn
3 Idexx Laboratories 45.99 Bn 45.79 Bn 779.09 Mn
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn
5 Iqvia Holdings 39.31 Bn 37.23 Bn 1.44 Bn
6 Natera 38.74 Bn 37.64 Bn 696.04 Mn
7 Illumina 29.94 Bn 28.77 Bn 770.00 Mn
8 Mettler Toledo International 28.55 Bn 28.50 Bn 650.22 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn
10 GeneDx Holdings 2.07 Bn 1.94 Bn 78.24 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 78.24 Mn
Jun 30, 2026 78.24 Mn
Mar 31, 2026 68.21 Mn
Mar 31, 2026 68.21 Mn
Dec 31, 2025 84.27 Mn
Dec 31, 2025 84.27 Mn
Sep 30, 2025 84.53 Mn
Sep 30, 2025 84.53 Mn
Jun 30, 2025 70.90 Mn
Jun 30, 2025 70.90 Mn
Mar 31, 2025 58.48 Mn
Mar 31, 2025 58.48 Mn
Dec 31, 2024 66.21 Mn
Dec 31, 2024 66.21 Mn
Sep 30, 2024 47.83 Mn
Sep 30, 2024 47.83 Mn
Jun 30, 2024 42.95 Mn
Jun 30, 2024 42.95 Mn
Mar 31, 2024 37.41 Mn
Mar 31, 2024 37.41 Mn