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

GeneDx Holdings (WGS) reported Research & Development of $19.8 million for Q1 2026, up 57.46% year-over-year from $12.6 million in Q1 2025, and down 19.3% quarter-over-quarter from $24.5 million in Q4 2025.

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

GeneDx Holdings (WGS) has 7 years of Research & Development data on file, last reported at $19.8 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $19.8 million, up 57.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $79.3 million (up 69.59% YoY), and the FY2025 annual result was $72.0 million, up 57.53% from the prior year.
  • Research & Development eased to $19.8 million in Q1 2026 per WGS's latest filing, from $24.5 million in the prior quarter.
  • Over five years, Research & Development peaked at $27.2 million in Q2 2022 and troughed at $10.9 million in Q2 2024.
  • A 5-year average of $16.6 million and a median of $14.6 million in 2023 frame the typical range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 127.31% in 2022 and fell as far as 59.88% in 2022.
  • A 5-year view of Research & Development shows it stood at $24.4 million in 2022, then sank 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.
  • Business Quant data shows WGS's Research & Development at $19.8 million in Q1 2026, $24.5 million in Q4 2025, and $19.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 336.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 65.79 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 126.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 210.70 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 51.28 Mn
10 GeneDx Holdings 1.52 Bn 1.35 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