GeneDx Holdings (WGS) Research & Development (2020 - 2026)
GeneDx Holdings' (WGS) quarterly Research & Development came in at $19.7 million in Q2 2026, up 30.35% year-over-year from $15.1 million in Q2 2025, and down 0.75% quarter-over-quarter from $19.8 million in Q1 2026.
Analysis
GeneDx Holdings (WGS) Research & Development (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Research & Development for 7 consecutive years, with $19.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 30.35% year-over-year to $19.7 million in Q2 2026; TTM through Jun 2026 was $90.1 million, a 44.49% increase from a year earlier, with the FY2025 full-year figure at $88.4 million, up 31.22% from the prior year.
- Research & Development was $19.7 million for Q2 2026 at GeneDx Holdings, down from $19.8 million in the prior quarter.
- Over five years, Research & Development peaked at $34.4 million in Q3 2022 and troughed at $12.6 million in Q1 2025.
- A 5-year average of $20.6 million and a median of $17.4 million in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 76.74% in 2022, down 51.76% in 2022.
- Over 5 years, Research & Development stood at $29.2 million in 2022, then slumped by 48.91% to $14.9 million in 2023, then advanced by 18.33% to $17.7 million in 2024, then soared by 53.49% to $27.1 million in 2025, then fell by 27.55% to $19.7 million in 2026.
- The last three Research & Development figures came in at $19.7 million (Q2 2026), $19.8 million (Q1 2026), and $27.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 228.07 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | - |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | - |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 189.95 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 52.64 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 53.76 Mn |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | - |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 17.32 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 26.41 Mn |
| 10 | GeneDx Holdings | 3.01 Bn | 2.88 Bn | 78.24 Mn | 19.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.66 Mn |
| Mar 31, 2026 | 19.80 Mn |
| Dec 31, 2025 | 27.13 Mn |
| Sep 30, 2025 | 23.51 Mn |
| Jun 30, 2025 | 15.08 Mn |
| Mar 31, 2025 | 12.58 Mn |
| Dec 31, 2024 | 17.68 Mn |
| Sep 30, 2024 | 17.03 Mn |
| Jun 30, 2024 | 16.59 Mn |
| Mar 31, 2024 | 16.09 Mn |
| Dec 31, 2023 | 14.94 Mn |
| Sep 30, 2023 | 16.76 Mn |
| Jun 30, 2023 | 17.14 Mn |
| Mar 31, 2023 | 14.59 Mn |
| Dec 31, 2022 | 29.24 Mn |
| Sep 30, 2022 | 34.38 Mn |
| Jun 30, 2022 | 32.83 Mn |
| Mar 31, 2022 | 25.63 Mn |
| Dec 31, 2021 | 30.65 Mn |
| Sep 30, 2021 | 28.15 Mn |