GeneDx Holdings WGS
NASDAQ WGS
$89.17 -1.12 (-1.23%)
As of: Aug 27, 2026 · 3:59 PM EDT

GeneDx Holdings (WGS) Tax Rate (2022 - 2026)

GeneDx Holdings (WGS) posted quarterly Tax Rate of 1.44% for Q1 2026, up 591.0% year-over-year from 0.21% in Q1 2025, and down 146.61% quarter-over-quarter from 3.09% in Q4 2025.

GeneDx Holdings (WGS) Tax Rate (2022 - 2026) Analysis & Trends

GeneDx Holdings (WGS) has reported Tax Rate for 5 consecutive years, with 1.44% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Tax Rate rose 591.0% year-over-year to 1.44%; the TTM figure through Mar 2026 stood at 0.37% (up 3.0% YoY), while the FY2025 annual figure was 0.55%, down 10.0% from the prior year.
  • Tax Rate eased to 1.44% in Q1 2026 per WGS's latest filing, from 3.09% in the prior quarter.
  • Across five years, Tax Rate topped out at 36.4% in Q2 2022 and bottomed at 7.35% in Q1 2025.
  • Historically, Tax Rate has averaged 1.83% across 5 years, with a median of 0.32% in 2023.
  • Annual changes were most pronounced in 2023 — Tax Rate slumped 3598 bps — and 2026, when it soared 591 bps.
  • GeneDx Holdings' Tax Rate stood at 0.02% in 2022, then surged by 10562 bps to 1.63% in 2023, then plunged by 149 bps to 0.79% in 2024, then jumped by 490 bps to 3.09% in 2025, then tumbled by 147 bps to 1.44% in 2026.
  • Business Quant data shows WGS's Tax Rate at 1.44% in Q1 2026, 3.09% in Q4 2025, and 2.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 234.15 Bn 230.09 Bn 8.34 Bn 8.68%
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 19.29%
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 0.45%
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 19.93%
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 18.89%
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 19.52%
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 22.59%
10 GeneDx Holdings 2.65 Bn 2.52 Bn 78.24 Mn 2.84%

Historic Data

Download Data
DateValue
Jun 30, 2026 2.84
Jun 30, 2026 2.84
Jun 30, 2026 2.84
Mar 31, 2026 -1.44
Mar 31, 2026 -1.44
Mar 31, 2026 -1.44
Dec 31, 2025 3.09
Dec 31, 2025 3.09
Dec 31, 2025 3.09
Sep 30, 2025 -3.34
Sep 30, 2025 -3.34
Sep 30, 2025 -3.34
Jun 30, 2025 -2.33
Jun 30, 2025 -2.33
Jun 30, 2025 -2.33
Mar 31, 2025 -7.35
Mar 31, 2025 -7.35
Mar 31, 2025 -7.35
Dec 31, 2024 -0.44
Dec 31, 2024 -0.44