GeneDx Holdings (WGS) Tax Provisions (2022 - 2026)
GeneDx Holdings (WGS) posted quarterly Tax Provisions of $900000.0 for Q1 2026, up 101.34% year-over-year from $447000.0 in Q1 2025, and up 259.57% quarter-over-quarter from -$564000.0 in Q4 2025.
GeneDx Holdings (WGS) Tax Provisions (2022 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Tax Provisions for 5 consecutive years, with $900000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 101.34% year-over-year to $900000.0; the TTM figure through Mar 2026 stood at $290000.0 (up 84.71% YoY), while the FY2025 annual figure was -$116000.0, up 66.18% from the prior year.
- Tax Provisions climbed to $900000.0 in Q1 2026 per WGS's latest filing, from -$564000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $900000.0 in Q1 2026 and bottomed at -$49.1 million in Q2 2022.
- Historically, Tax Provisions has averaged -$3.1 million across 5 years, with a median of -$114500.0 in 2023.
- On a YoY basis, Tax Provisions climbed as much as 645.12% in 2025 and fell as far as 1211.63% in 2025.
- GeneDx Holdings' Tax Provisions stood at $48000.0 in 2022, then sank by 987.5% to -$426000.0 in 2023, then surged by 89.91% to -$43000.0 in 2024, then tumbled by 1211.63% to -$564000.0 in 2025, then surged by 259.57% to $900000.0 in 2026.
- Business Quant data shows WGS's Tax Provisions at $900000.0 in Q1 2026, -$564000.0 in Q4 2025, and $200000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.78 Bn | 209.71 Bn | 8.34 Bn | 167.00 Mn |
| 2 | Danaher | 139.83 Bn | 135.48 Bn | 3.61 Bn | 208.00 Mn |
| 3 | Idexx Laboratories | 45.99 Bn | 45.79 Bn | 779.09 Mn | 78.81 Mn |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 69.00 Mn |
| 5 | Iqvia Holdings | 39.31 Bn | 37.23 Bn | 1.44 Bn | 60.00 Mn |
| 6 | Natera | 38.74 Bn | 37.64 Bn | 696.04 Mn | 300,000.00 |
| 7 | Illumina | 29.94 Bn | 28.77 Bn | 770.00 Mn | 53.00 Mn |
| 8 | Mettler Toledo International | 28.55 Bn | 28.50 Bn | 650.22 Mn | 56.50 Mn |
| 9 | Quest Diagnostics | 26.18 Bn | 25.55 Bn | 1.03 Bn | 88.00 Mn |
| 10 | GeneDx Holdings | 2.07 Bn | 1.94 Bn | 78.24 Mn | -518,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -518,000.00 |
| Mar 31, 2026 | 900,000.00 |
| Dec 31, 2025 | -564,000.00 |
| Sep 30, 2025 | 200,000.00 |
| Jun 30, 2025 | -246,000.00 |
| Mar 31, 2025 | 447,000.00 |
| Dec 31, 2024 | -43,000.00 |
| Sep 30, 2024 | -47,000.00 |
| Jun 30, 2024 | -200,000.00 |
| Mar 31, 2024 | -82,000.00 |
| Dec 31, 2023 | -426,000.00 |
| Sep 30, 2023 | -172,000.00 |
| Jun 30, 2023 | -196,000.00 |
| Mar 31, 2023 | -147,000.00 |
| Dec 31, 2022 | 48,000.00 |
| Sep 30, 2022 | -65,000.00 |
| Jun 30, 2022 | -49.08 Mn |