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

GeneDx Holdings (WGS) reported Tax Rate of 1.44% for Q1 2026, up 514.0% year-over-year from 0.23% in Q1 2025, and down 150.77% quarter-over-quarter from 2.83% in Q4 2025.

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

GeneDx Holdings (WGS) has 5 years of Tax Rate data on file, last reported at 1.44% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 1.44%, up 514.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.43% (down 7.0% YoY), and the FY2025 annual result was 0.55%, down 10.0% from the prior year.
  • Tax Rate slipped to 1.44% in Q1 2026 per WGS's latest filing, from 2.83% in the prior quarter.
  • Over five years, Tax Rate peaked at 36.4% in Q2 2022 and troughed at 6.58% in Q1 2025.
  • A 5-year average of 1.88% and a median of 0.32% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2026: Tax Rate slumped 3598 bps in 2023, then jumped 514 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 0.02% in 2022, then jumped by 10562 bps to 1.63% in 2023, then slumped by 127 bps to 0.44% in 2024, then soared by 739 bps to 2.83% in 2025, then sank by 151 bps to 1.44% in 2026.
  • Business Quant data shows WGS's Tax Rate at 1.44% in Q1 2026, 2.83% in Q4 2025, and 2.71% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 4.04%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 21.66%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 16.91%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 17.99%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -0.35%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 19.17%
10 GeneDx Holdings 1.52 Bn 1.35 Bn 68.21 Mn -1.44%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.44%
Mar 31, 2026 -1.44%
Dec 31, 2025 2.83%
Dec 31, 2025 2.83%
Sep 30, 2025 -2.71%
Sep 30, 2025 -2.71%
Jun 30, 2025 -2.33%
Jun 30, 2025 -2.33%
Mar 31, 2025 -6.58%
Mar 31, 2025 -6.58%
Dec 31, 2024 -0.44%
Dec 31, 2024 -0.44%
Sep 30, 2024 0.56%
Sep 30, 2024 0.56%
Jun 30, 2024 0.65%
Jun 30, 2024 0.65%
Mar 31, 2024 0.40%
Mar 31, 2024 0.40%
Dec 31, 2023 1.63%
Dec 31, 2023 1.63%