GeneDx Holdings (WGS) Operating Income (2020 - 2026)
GeneDx Holdings' (WGS) quarterly Operating Income came in at -$17.5 million in Q2 2026, down 294.81% year-over-year from $9.0 million in Q2 2025, and up 69.63% quarter-over-quarter from -$57.5 million in Q1 2026.
Analysis
GeneDx Holdings (WGS) Operating Income (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Operating Income for 7 consecutive years, with -$17.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income fell 294.81% year-over-year to -$17.5 million in Q2 2026; TTM through Jun 2026 was -$92.4 million, a 1800.31% decrease from a year earlier, with the FY2025 full-year figure at -$13.1 million, up 43.67% from the prior year.
- Operating Income was -$17.5 million for Q2 2026 at GeneDx Holdings, up from -$57.5 million in the prior quarter.
- Over five years, Operating Income peaked at $9.0 million in Q2 2025 and troughed at -$324.9 million in Q4 2022.
- A 5-year average of -$53.3 million and a median of -$21.5 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 184.7% in 2025 and sank 1162.82% in 2026, its largest moves.
- Over 5 years, Operating Income stood at -$324.9 million in 2022, then surged by 92.11% to -$25.6 million in 2023, then soared by 134.34% to $8.8 million in 2024, then plunged by 261.65% to -$14.2 million in 2025, then declined by 22.62% to -$17.5 million in 2026.
- The last three Operating Income figures came in at -$17.5 million (Q2 2026), -$57.5 million (Q1 2026), and -$14.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | -75.79 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 459.00 Mn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 451.60 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | -129.12 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | -75.91 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 26.93 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 109.81 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 5.50 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | -15.77 Mn |
| 10 | GeneDx Holdings | 3.01 Bn | 2.88 Bn | 78.24 Mn | -17.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |