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

GeneDx Holdings (WGS) posted quarterly Operating Income of -$57.5 million for Q1 2026, down 1162.82% year-over-year from $5.4 million in Q1 2025, and down 303.73% quarter-over-quarter from -$14.2 million in Q4 2025.

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

GeneDx Holdings (WGS) has reported Operating Income for 7 consecutive years, with -$57.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income fell 1162.82% year-over-year to -$57.5 million; the TTM figure through Mar 2026 stood at -$66.0 million (down 367.93% YoY), while the FY2025 annual figure was -$13.1 million, up 43.67% from the prior year.
  • Operating Income eased to -$57.5 million in Q1 2026 per WGS's latest filing, from -$14.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $9.0 million in Q2 2025 and bottomed at -$324.9 million in Q4 2022.
  • Historically, Operating Income has averaged -$55.4 million across 5 years, with a median of -$25.6 million in 2023.
  • Annual changes were most pronounced in 2025 — Operating Income surged 184.7% — and 2026, when it plunged 1162.82%.
  • GeneDx Holdings' Operating Income stood at -$324.9 million in 2022, then jumped by 92.11% to -$25.6 million in 2023, then surged by 134.34% to $8.8 million in 2024, then plunged by 261.65% to -$14.2 million in 2025, then tumbled by 303.73% to -$57.5 million in 2026.
  • Business Quant data shows WGS's Operating Income at -$57.5 million in Q1 2026, -$14.2 million in Q4 2025, and -$3.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Thermo Fisher Scientific 213.78 Bn 209.71 Bn 8.34 Bn 2.09 Bn
2 Danaher 139.83 Bn 135.48 Bn 3.61 Bn 1.13 Bn
3 Idexx Laboratories 45.99 Bn 45.79 Bn 779.09 Mn 425.57 Mn
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 399.00 Mn
5 Iqvia Holdings 39.31 Bn 37.23 Bn 1.44 Bn 506.00 Mn
6 Natera 38.74 Bn 37.64 Bn 696.04 Mn -93.52 Mn
7 Illumina 29.94 Bn 28.77 Bn 770.00 Mn 245.00 Mn
8 Mettler Toledo International 28.55 Bn 28.50 Bn 650.22 Mn 328.45 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn 459.00 Mn
10 GeneDx Holdings 2.07 Bn 1.94 Bn 78.24 Mn -17.46 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -17.46 Mn
Mar 31, 2026 -57.47 Mn
Dec 31, 2025 -14.24 Mn
Sep 30, 2025 -3.25 Mn
Jun 30, 2025 8.96 Mn
Mar 31, 2025 -4.55 Mn
Dec 31, 2024 8.81 Mn
Sep 30, 2024 -7.78 Mn
Jun 30, 2024 -10.58 Mn
Mar 31, 2024 -13.66 Mn
Dec 31, 2023 -25.64 Mn
Sep 30, 2023 -42.97 Mn
Jun 30, 2023 -51.62 Mn
Mar 31, 2023 -60.36 Mn
Dec 31, 2022 -324.88 Mn
Sep 30, 2022 -90.82 Mn
Jun 30, 2022 -162.65 Mn
Mar 31, 2022 -89.31 Mn
Dec 31, 2021 -115.78 Mn
Sep 30, 2021 -88.26 Mn