GeneDx Holdings (WGS) Net Margin (2020 - 2026)
GeneDx Holdings' Net Margin was -15.50% in Q2 2026, down 26.03 percentage points from 10.53% a year earlier but up 46.42 percentage points from the prior quarter.
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Analysis
GeneDx Holdings (WGS) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, GeneDx Holdings' Net Margin was -23.40% through Jun 30, 2026, down 23.79 percentage points year-over-year; for FY2025, it was -4.92%, up 12.20 percentage points from FY2024.
- Net Margin has now increased for three consecutive years, with a five-year change of +129.67 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -17.12% in FY2024 (+69.65 pp), -86.77% in FY2023 (+147.14 pp), -233.91% in FY2022 (-118.27 pp) and -115.64% in FY2021 (+18.94 pp).
- Quarterly Net Margin has moved between -503.28% (Q4 2022) and 75.80% (Q3 2021) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of +12.43 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 458.39 percentage points); the worst was Q4 2022 (a drop of 433.75 percentage points).
- Per Business Quant data, WGS's Net Margin in the three quarters before Q2 2026 was -61.92% (Q1 2026), -14.60% (Q4 2025) and -6.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.02 Bn | 98.03 Bn | - | 8.40% |
| 2 | Natera | 58.18 Bn | 53.86 Bn | 485.19 Mn | -8.90% |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 8.01% |
| 4 | Quest Diagnostics | 26.18 Bn | 24.31 Bn | 1.03 Bn | 10.52% |
| 5 | Tenet Healthcare | 22.60 Bn | 11.61 Bn | - | 14.68% |
| 6 | Guardant Health | 21.29 Bn | 17.35 Bn | 219.03 Mn | -35.87% |
| 7 | BrightSpring Health Services | 12.95 Bn | 11.29 Bn | 492.75 Mn | 2.18% |
| 8 | Fresenius Medical Care AG | 12.90 Bn | 4.85 Bn | 1.52 Bn | 4.49% |
| 9 | Davita | 12.23 Bn | 9.44 Bn | 1.16 Bn | 7.47% |
| 10 | GeneDx Holdings | 2.08 Bn | 1.45 Bn | 78.24 Mn | -15.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.50% |
| Mar 31, 2026 | -61.92% |
| Dec 31, 2025 | -14.60% |
| Sep 30, 2025 | -6.54% |
| Jun 30, 2025 | 10.53% |
| Mar 31, 2025 | -7.49% |
| Dec 31, 2024 | 5.69% |
| Sep 30, 2024 | -10.81% |
| Jun 30, 2024 | -41.37% |
| Mar 31, 2024 | -32.42% |
| Dec 31, 2023 | -44.89% |
| Sep 30, 2023 | -79.33% |
| Jun 30, 2023 | -95.92% |
| Mar 31, 2023 | -141.38% |
| Dec 31, 2022 | -503.28% |
| Sep 30, 2022 | -93.21% |
| Jun 30, 2022 | -237.06% |
| Mar 31, 2022 | -142.56% |
| Dec 31, 2021 | -69.52% |
| Sep 30, 2021 | 75.80% |
API Access
GeneDx Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();