GeneDx Holdings (WGS) Tax Rate (2022 - 2026)
GeneDx Holdings' (WGS) quarterly Tax Rate came in at 2.84% in Q2 2026, up 517.0% year-over-year from 0.46% in Q2 2025, and up 296.77% quarter-over-quarter from 1.44% in Q1 2026.
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Analysis
GeneDx Holdings (WGS) Tax Rate (2022 - 2026) Analysis & Trends
GeneDx Holdings (WGS) has reported Tax Rate for 5 consecutive years, with 2.84% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 517.0% year-over-year to 2.84% in Q2 2026; TTM through Jun 2026 was 0.06%, a 852.0% decrease from a year earlier, with the FY2025 full-year figure at 0.55%, down 10.0% from the prior year.
- Tax Rate was 2.84% for Q2 2026 at GeneDx Holdings, up from 1.44% in the prior quarter.
- Over five years, Tax Rate peaked at 36.4% in Q2 2022 and troughed at 7.35% in Q1 2025.
- A 5-year average of 1.87% and a median of 0.41% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 3598 bps in 2023 and surged 591 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 0.01% in 2022, then jumped by 11636 bps to 1.57% in 2023, then plunged by 128 bps to 0.44% in 2024, then soared by 798 bps to 3.09% in 2025, then fell by 8 bps to 2.84% in 2026.
- The last three Tax Rate figures came in at 2.84% (Q2 2026), 1.44% (Q1 2026), and 3.09% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | - |
| 10 | GeneDx Holdings | 3.01 Bn | 2.88 Bn | 78.24 Mn | 2.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.84% |
| Mar 31, 2026 | -1.44% |
| Dec 31, 2025 | 3.09% |
| Sep 30, 2025 | -3.34% |
| Jun 30, 2025 | -2.33% |
| Mar 31, 2025 | -7.35% |
| Dec 31, 2024 | -0.44% |
| Sep 30, 2024 | 0.56% |
| Jun 30, 2024 | 0.68% |
| Mar 31, 2024 | 0.49% |
| Dec 31, 2023 | 1.57% |
| Sep 30, 2023 | 0.41% |
| Jun 30, 2023 | 0.42% |
| Mar 31, 2023 | 0.24% |
| Dec 31, 2022 | -0.01% |
| Sep 30, 2022 | 0.08% |
| Jun 30, 2022 | 36.40% |