GeneDx Holdings (WGS) Research & Development (2020 - 2026)
GeneDx Holdings (WGS) posted quarterly Research & Development of $19.8 million for Q1 2026, up 57.46% YoY from $12.6 million in Q1 2025, and down 19.3% sequentially from $24.5 million in Q4 2025.
GeneDx Holdings (WGS) Research & Development (2020 - 2026) Analysis & Trends
GeneDx Holdings has disclosed Research & Development across 7 years of filings, most recently posting $19.8 million for 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 69.59% YoY), while the FY2025 annual figure was $72.0 million, up 57.53% from the prior year.
- Research & Development fell to $19.8 million in Q1 2026, from $24.5 million in the prior quarter.
- Over the last five years, Research & Development for WGS reached as high as $27.2 million in Q2 2022 and fell as low as $10.9 million in Q2 2024.
- The 5-year median for Research & Development is $14.6 million (2023), against an average of $16.6 million.
- The widest YoY moves for Research & Development: up 127.31% in 2022, down 59.88% in 2022.
- A 5-year view of Research & Development shows it stood at $24.4 million in 2022, then tumbled 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.
- According to Business Quant data, Research & Development over the past three periods registered $19.8 million, $24.5 million, and $19.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | GeneDx Holdings | 2.10 Bn | 1.93 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 |