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 | 234.15 Bn | 230.09 Bn | 8.34 Bn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn |
| 10 | GeneDx Holdings | 2.65 Bn | 2.52 Bn | 78.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |