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| Date | Value |
|---|---|
| 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 |