GeneDx Holdings (WGS) Operating Expenses (2020 - 2026)

GeneDx Holdings (WGS) posted quarterly Operating Expenses of $94.4 million for Q1 2026, up 49.77% YoY from $63.0 million in Q1 2025, and up 32.26% sequentially from $71.4 million in Q4 2025.

GeneDx Holdings (WGS) Operating Expenses (2020 - 2026) Analysis & Trends

GeneDx Holdings has disclosed Operating Expenses across 7 years of filings, most recently posting $94.4 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 49.77% year-over-year to $94.4 million; the TTM figure through Mar 2026 stood at $272.5 million (up 52.87% YoY), while the FY2025 annual figure was $222.8 million, up 48.33% from the prior year.
  • Operating Expenses improved to $94.4 million in Q1 2026, from $71.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for WGS reached as high as $98.5 million in Q2 2022 and fell as low as $35.0 million in Q1 2024.
  • The 5-year median for Operating Expenses is $58.3 million (2023), against an average of $58.0 million.
  • The widest YoY moves for Operating Expenses: up 296.8% in 2022, down 56.17% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $67.6 million in 2022, then plunged 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered $94.4 million, $71.4 million, and $64.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 GeneDx Holdings 2.10 Bn 1.93 Bn 68.21 Mn 94.40 Mn

Historic Data

Download Data
DateValue
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