GeneDx Holdings (WGS) Operating Expenses (2020 - 2026)
GeneDx Holdings' (WGS) quarterly Operating Expenses came in at $95.7 million in Q2 2026, up 54.49% year-over-year from $61.9 million in Q2 2025, and up 1.38% quarter-over-quarter from $94.4 million in Q1 2026.
Analysis
GeneDx Holdings (WGS) Operating Expenses (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Operating Expenses for 7 consecutive years, with $95.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 54.49% year-over-year to $95.7 million in Q2 2026; TTM through Jun 2026 was $332.0 million, a 54.62% increase from a year earlier, with the FY2025 full-year figure at $239.2 million, up 39.17% from the prior year.
- Operating Expenses was $95.7 million for Q2 2026 at GeneDx Holdings, up from $94.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $104.2 million in Q2 2022 and troughed at $39.5 million in Q1 2024.
- A 5-year average of $65.0 million and a median of $62.5 million in 2025 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 231.23% in 2022, down 53.39% in 2022.
- Over 5 years, Operating Expenses stood at $72.4 million in 2022, then tumbled by 35.36% to $46.8 million in 2023, then dropped by 2.18% to $45.8 million in 2024, then soared by 61.45% to $74.0 million in 2025, then gained by 29.38% to $95.7 million in 2026.
- The last three Operating Expenses figures came in at $95.7 million (Q2 2026), $94.4 million (Q1 2026), and $74.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 828.54 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 2.58 Bn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 582.30 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 464.10 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 458.40 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 236.79 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 68.16 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 71.60 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 87.32 Mn |
| 10 | GeneDx Holdings | 3.01 Bn | 2.88 Bn | 78.24 Mn | 95.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 95.69 Mn |
| Mar 31, 2026 | 94.40 Mn |
| Dec 31, 2025 | 73.96 Mn |
| Sep 30, 2025 | 67.95 Mn |
| Jun 30, 2025 | 61.94 Mn |
| Mar 31, 2025 | 63.03 Mn |
| Dec 31, 2024 | 45.81 Mn |
| Sep 30, 2024 | 43.94 Mn |
| Jun 30, 2024 | 42.63 Mn |
| Mar 31, 2024 | 39.50 Mn |
| Dec 31, 2023 | 46.83 Mn |
| Sep 30, 2023 | 42.86 Mn |
| Jun 30, 2023 | 54.48 Mn |
| Mar 31, 2023 | 58.28 Mn |
| Dec 31, 2022 | 72.45 Mn |
| Sep 30, 2022 | 89.31 Mn |
| Jun 30, 2022 | 104.15 Mn |
| Mar 31, 2022 | 72.33 Mn |
| Dec 31, 2021 | 88.60 Mn |
| Sep 30, 2021 | 61.28 Mn |