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
DateValue
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