GeneDx Holdings (WGS) Net Income (2020 - 2026)

GeneDx Holdings (WGS) posted quarterly Net Income of -$63.3 million for Q1 2026, down 869.81% year-over-year from $8.2 million in Q1 2025, and down 258.42% quarter-over-quarter from -$17.7 million in Q4 2025.

GeneDx Holdings (WGS) Net Income (2020 - 2026) Analysis & Trends

GeneDx Holdings (WGS) has reported Net Income for 7 consecutive years, with -$63.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Net Income fell 869.81% year-over-year to -$63.3 million; the TTM figure through Mar 2026 stood at -$77.8 million (down 101.74% YoY), while the FY2025 annual figure was -$21.0 million, up 59.8% from the prior year.
  • Net Income eased to -$63.3 million in Q1 2026 per WGS's latest filing, from -$17.7 million in the prior quarter.
  • Across five years, Net Income topped out at $10.8 million in Q2 2025 and bottomed at -$308.7 million in Q4 2022.
  • Historically, Net Income has averaged -$50.7 million across 5 years, with a median of -$29.2 million in 2024.
  • Annual changes were most pronounced in 2025 — Net Income soared 137.06% — and 2026, when it tumbled 869.81%.
  • GeneDx Holdings' Net Income stood at -$308.7 million in 2022, then soared by 91.66% to -$25.8 million in 2023, then jumped by 121.19% to $5.5 million in 2024, then tumbled by 423.73% to -$17.7 million in 2025, then sank by 258.42% to -$63.3 million in 2026.
  • Business Quant data shows WGS's Net Income at -$63.3 million in Q1 2026, -$17.7 million in Q4 2025, and -$7.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Thermo Fisher Scientific 213.44 Bn 209.37 Bn 8.34 Bn 1.76 Bn
2 Danaher 139.95 Bn 135.60 Bn 3.61 Bn 870.00 Mn
3 Idexx Laboratories 46.16 Bn 45.96 Bn 779.09 Mn 338.41 Mn
4 Agilent Technologies 39.67 Bn 37.87 Bn 990.00 Mn 339.00 Mn
5 Iqvia Holdings 39.29 Bn 37.21 Bn 1.44 Bn 241.00 Mn
6 Natera 38.61 Bn 37.51 Bn 696.04 Mn -85.11 Mn
7 Illumina 29.99 Bn 28.82 Bn 770.00 Mn 207.00 Mn
8 Mettler Toledo International 28.57 Bn 28.51 Bn 650.22 Mn 232.90 Mn
9 Quest Diagnostics 26.17 Bn 25.55 Bn 1.03 Bn 324.00 Mn
10 GeneDx Holdings 2.08 Bn 1.95 Bn 78.24 Mn -17.74 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -17.74 Mn
Mar 31, 2026 -63.32 Mn
Dec 31, 2025 -17.67 Mn
Sep 30, 2025 -7.59 Mn
Jun 30, 2025 10.81 Mn
Mar 31, 2025 -6.53 Mn
Dec 31, 2024 5.46 Mn
Sep 30, 2024 -8.31 Mn
Jun 30, 2024 -29.16 Mn
Mar 31, 2024 -20.24 Mn
Dec 31, 2023 -25.76 Mn
Sep 30, 2023 -42.29 Mn
Jun 30, 2023 -46.72 Mn
Mar 31, 2023 -60.99 Mn
Dec 31, 2022 -308.72 Mn
Sep 30, 2022 -77.58 Mn
Jun 30, 2022 -85.74 Mn
Mar 31, 2022 -76.90 Mn
Dec 31, 2021 -40.19 Mn
Sep 30, 2021 32.73 Mn