GeneDx Holdings (WGS) Operating Expenses (2020 - 2026)
GeneDx Holdings (WGS) reported Operating Expenses of $94.4 million for Q1 2026, up 49.77% year-over-year from $63.0 million in Q1 2025, and up 32.26% quarter-over-quarter from $71.4 million in Q4 2025.
GeneDx Holdings (WGS) Operating Expenses (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has 7 years of Operating Expenses data on file, last reported at $94.4 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $94.4 million, up 49.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $272.5 million (up 52.87% YoY), and the FY2025 annual result was $222.8 million, up 48.33% from the prior year.
- Operating Expenses advanced to $94.4 million in Q1 2026 per WGS's latest filing, from $71.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $98.5 million in Q2 2022 and troughed at $35.0 million in Q1 2024.
- A 5-year average of $58.0 million and a median of $58.3 million in 2023 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 296.8% in 2022 and fell as far as 56.17% in 2022.
- A 5-year view of Operating Expenses shows it stood at $67.6 million in 2022, then slumped by 34.68% to $44.1 million in 2023, then fell by 10.01% to $39.7 million in 2024, then jumped by 79.67% to $71.4 million in 2025, then soared by 32.26% to $94.4 million in 2026.
- Business Quant data shows WGS's Operating Expenses at $94.4 million in Q1 2026, $71.4 million in Q4 2025, and $64.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 790.16 Mn |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 316.87 Mn |
| 10 | GeneDx Holdings | 1.65 Bn | 1.48 Bn | 68.21 Mn | 94.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.40 Mn |
| Dec 31, 2025 | 71.37 Mn |
| Sep 30, 2025 | 64.27 Mn |
| Jun 30, 2025 | 42.49 Mn |
| Mar 31, 2025 | 63.03 Mn |
| Dec 31, 2024 | 39.72 Mn |
| Sep 30, 2024 | 38.58 Mn |
| Jun 30, 2024 | 36.95 Mn |
| Mar 31, 2024 | 34.99 Mn |
| Dec 31, 2023 | 44.14 Mn |
| Sep 30, 2023 | 40.39 Mn |
| Jun 30, 2023 | 54.48 Mn |
| Mar 31, 2023 | 58.28 Mn |
| Dec 31, 2022 | 67.58 Mn |
| Sep 30, 2022 | 68.29 Mn |
| Jun 30, 2022 | 98.49 Mn |
| Mar 31, 2022 | 68.02 Mn |
| Dec 31, 2021 | 80.20 Mn |
| Sep 30, 2021 | 50.96 Mn |
| Jun 30, 2021 | 24.82 Mn |