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

GeneDx Holdings (WGS) posted quarterly 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 reported Research & Development for 7 consecutive years, with $19.8 million the latest figure, recorded in 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 52.14% YoY), while the FY2025 annual figure was $72.0 million, up 57.53% from the prior year.
  • Research & Development retreated to $19.8 million in Q1 2026 per WGS's latest filing, from $24.5 million in the prior quarter.
  • Across five years, Research & Development topped out at $34.4 million in Q3 2022 and bottomed at $10.9 million in Q2 2024.
  • Historically, Research & Development has averaged $19.1 million across 5 years, with a median of $17.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Research & Development plunged 58.44% — and 2025, when it surged 111.78%.
  • GeneDx Holdings' Research & Development stood at $29.2 million in 2022, then tumbled by 46.78% to $15.6 million in 2023, then fell by 25.52% to $11.6 million in 2024, then soared by 111.78% to $24.5 million in 2025, then fell 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 Thermo Fisher Scientific 213.77 Bn 209.71 Bn 8.34 Bn 364.00 Mn
2 Danaher 139.78 Bn 135.43 Bn 3.61 Bn 412.00 Mn
3 Idexx Laboratories 46.04 Bn 45.85 Bn 779.09 Mn 171.28 Mn
4 Agilent Technologies 39.68 Bn 37.88 Bn 990.00 Mn 126.00 Mn
5 Iqvia Holdings 39.34 Bn 37.26 Bn 1.44 Bn -
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 210.70 Mn
7 Illumina 29.90 Bn 28.73 Bn 770.00 Mn 252.00 Mn
8 Mettler Toledo International 28.58 Bn 28.53 Bn 650.22 Mn 52.99 Mn
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn -
10 GeneDx Holdings 2.08 Bn 1.95 Bn 78.24 Mn 19.66 Mn

Historic Data

Download Data
DateValue
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 17.03 Mn
Jun 30, 2024 10.90 Mn
Mar 31, 2024 16.09 Mn
Dec 31, 2023 15.56 Mn
Sep 30, 2023 14.29 Mn
Jun 30, 2023 17.14 Mn
Mar 31, 2023 13.45 Mn
Dec 31, 2022 29.24 Mn
Sep 30, 2022 34.38 Mn
Jun 30, 2022 27.17 Mn
Mar 31, 2022 25.63 Mn
Dec 31, 2021 30.65 Mn
Sep 30, 2021 28.15 Mn