GeneDx Holdings (WGS) Research & Development (2020 - 2026)

GeneDx Holdings (WGS) posted quarterly Research & Development of $19.8 million for Q1 2026, up 57.46% YoY from $12.6 million in Q1 2025, and down 19.3% sequentially from $24.5 million in Q4 2025.

GeneDx Holdings (WGS) Research & Development (2020 - 2026) Analysis & Trends

GeneDx Holdings has disclosed Research & Development across 7 years of filings, most recently posting $19.8 million for Q1 2026.

  • In Q1 2026, Research & Development rose 57.46% year-over-year to $19.8 million; the TTM figure through Mar 2026 stood at $79.3 million (up 69.59% YoY), while the FY2025 annual figure was $72.0 million, up 57.53% from the prior year.
  • Research & Development fell to $19.8 million in Q1 2026, from $24.5 million in the prior quarter.
  • Over the last five years, Research & Development for WGS reached as high as $27.2 million in Q2 2022 and fell as low as $10.9 million in Q2 2024.
  • The 5-year median for Research & Development is $14.6 million (2023), against an average of $16.6 million.
  • The widest YoY moves for Research & Development: up 127.31% in 2022, down 59.88% in 2022.
  • A 5-year view of Research & Development shows it stood at $24.4 million in 2022, then tumbled by 49.73% to $12.2 million in 2023, then fell by 5.39% to $11.6 million in 2024, then surged by 111.78% to $24.5 million in 2025, then declined by 19.3% to $19.8 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $19.8 million, $24.5 million, and $19.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 GeneDx Holdings 2.10 Bn 1.93 Bn 68.21 Mn 19.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.80 Mn
Dec 31, 2025 24.54 Mn
Sep 30, 2025 19.83 Mn
Jun 30, 2025 15.08 Mn
Mar 31, 2025 12.58 Mn
Dec 31, 2024 11.59 Mn
Sep 30, 2024 11.67 Mn
Jun 30, 2024 10.90 Mn
Mar 31, 2024 11.57 Mn
Dec 31, 2023 12.25 Mn
Sep 30, 2023 14.29 Mn
Jun 30, 2023 17.14 Mn
Mar 31, 2023 14.59 Mn
Dec 31, 2022 24.37 Mn
Sep 30, 2022 13.35 Mn
Jun 30, 2022 27.17 Mn
Mar 31, 2022 21.32 Mn
Dec 31, 2021 22.25 Mn
Sep 30, 2021 17.83 Mn
Jun 30, 2021 11.95 Mn