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

GeneDx Holdings (WGS) posted quarterly Operating Margin of 56.2% for Q1 2026, down 5098.0% year-over-year from 1.12% in Q1 2025, and down 377.7% quarter-over-quarter from 11.77% in Q4 2025.

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

GeneDx Holdings (WGS) has reported Operating Margin for 7 consecutive years, with 56.2% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin fell 5098.0% year-over-year to 56.2%; the TTM figure through Mar 2026 stood at 14.91% (down 1064.0% YoY), while the FY2025 annual figure was 3.06%, up 454.0% from the prior year.
  • Operating Margin declined to 56.2% in Q1 2026 per WGS's latest filing, from 11.77% in the prior quarter.
  • Across five years, Operating Margin topped out at 9.21% in Q4 2024 and bottomed at 529.56% in Q4 2022.
  • Historically, Operating Margin has averaged 101.77% across 5 years, with a median of 44.66% in 2023.
  • Annual changes were most pronounced in 2022 — Operating Margin sank 35302 bps — and 2023, when it surged 48489 bps.
  • GeneDx Holdings' Operating Margin stood at 529.56% in 2022, then jumped by 92 bps to 44.66% in 2023, then soared by 121 bps to 9.21% in 2024, then sank by 228 bps to 11.77% in 2025, then tumbled by 378 bps to 56.2% in 2026.
  • Business Quant data shows WGS's Operating Margin at 56.2% in Q1 2026, 11.77% in Q4 2025, and 2.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 17.40%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 17.99%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 34.98%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 21.74%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 11.58%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -13.42%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 21.14%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 31.97%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 15.08%
10 GeneDx Holdings 2.08 Bn 1.94 Bn 78.24 Mn -15.25%

Historic Data

Download Data
DateValue
Jun 30, 2026 -15.25%
Mar 31, 2026 -56.20%
Dec 31, 2025 -11.77%
Sep 30, 2025 -2.78%
Jun 30, 2025 8.73%
Mar 31, 2025 -5.22%
Dec 31, 2024 9.21%
Sep 30, 2024 -10.12%
Jun 30, 2024 -15.00%
Mar 31, 2024 -21.88%
Dec 31, 2023 -44.66%
Sep 30, 2023 -80.61%
Jun 30, 2023 -105.99%
Mar 31, 2023 -139.93%
Dec 31, 2022 -529.56%
Sep 30, 2022 -109.11%
Jun 30, 2022 -449.69%
Mar 31, 2022 -165.56%
Dec 31, 2021 -200.31%
Sep 30, 2021 -204.42%