GeneDx Holdings (WGS) Research & Development (2020 - 2026)
GeneDx Holdings (WGS) recorded Research & Development of $19.66 million in Q2 2026, up 30.4% from $15.08 million a year earlier but down 0.7% from the prior quarter.
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Analysis
GeneDx Holdings (WGS) Research & Development (2020 - 2026) Analysis & Trends
On a TTM basis, GeneDx Holdings' Research & Development came in at $83.83 million as of Jun 30, 2026, up 64.7% year-over-year; for FY2025, it was $72.03 million, up 57.5% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of -0.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $45.72 million in FY2024 (-21.5%), $58.27 million in FY2023 (-32.4%), $86.2 million in FY2022 (-18.0%) and $105.16 million in FY2021 (+44.7%).
- Quarterly Research & Development has ranged from $10.9 million in Q2 2024 to $27.17 million in Q2 2022 over the past five years.
- On a year-over-year basis, Research & Development has increased for six consecutive quarters, with growth averaging 36.6% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 127.3% in Q2 2022, against a decline of 59.9% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.8 million (Q1 2026), $24.54 million (Q4 2025) and $19.83 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.35 Bn | 97.36 Bn | - | - |
| 2 | Natera | 56.90 Bn | 52.58 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 26.03 Bn | 23.77 Bn | 1.11 Bn | - |
| 5 | Tenet Healthcare | 22.50 Bn | 11.50 Bn | - | - |
| 6 | Guardant Health | 20.70 Bn | 16.76 Bn | 219.03 Mn | 96.53 Mn |
| 7 | Fresenius Medical Care AG | 12.96 Bn | 4.92 Bn | 1.52 Bn | 46.06 Mn |
| 8 | BrightSpring Health Services | 12.72 Bn | 11.05 Bn | 492.75 Mn | - |
| 9 | Davita | 12.21 Bn | 9.42 Bn | 1.16 Bn | - |
| 10 | GeneDx Holdings | 1.98 Bn | 1.35 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 | 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 |
API Access
GeneDx Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=WGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "WGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=WGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();