GeneDx Holdings (WGSWW) Gross Margin (2020 - 2026)
GeneDx Holdings (WGSWW) posted quarterly Gross Margin of 66.71% for Q1 2026, down 42.0% YoY from 115.01% in Q1 2025, and down 4.22% sequentially from 69.65% in Q4 2025.
GeneDx Holdings (WGSWW) Gross Margin (2020 - 2026) Analysis & Trends
GeneDx Holdings has disclosed Gross Margin across 7 years of filings, most recently posting 66.71% for Q1 2026.
- In Q1 2026, Gross Margin fell 42.0% year-over-year to 66.71%; the TTM figure through Mar 2026 stood at 69.56% (up 429.0% YoY), while the FY2025 annual figure was 69.74%, up 610.0% from the prior year.
- Gross Margin retreated to 66.71% in Q1 2026, from 69.65% in the prior quarter.
- Over the last five years, Gross Margin for WGSWW reached as high as 72.4% in Q3 2025 and fell as low as 81.83% in Q2 2022.
- The 5-year median for Gross Margin is 59.93% (2024), against an average of 40.6%.
- Annual changes were most pronounced in 2022 — Gross Margin sank 7936 bps — and 2023, when it jumped 12034 bps.
- A 5-year view of Gross Margin shows it stood at 26.61% in 2022, then surged by 301 bps to 53.56% in 2023, then gained by 29 bps to 69.22% in 2024, then gained by 1 bps to 69.65% in 2025, then retreated by 4 bps to 66.71% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 66.71%, 69.65%, and 72.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | GeneDx Holdings | - | - | 68.21 Mn | 66.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.71% |
| Dec 31, 2025 | 69.65% |
| Sep 30, 2025 | 72.40% |
| Jun 30, 2025 | 69.04% |
| Mar 31, 2025 | 67.13% |
| Dec 31, 2024 | 69.22% |
| Sep 30, 2024 | 62.22% |
| Jun 30, 2024 | 60.91% |
| Mar 31, 2024 | 59.93% |
| Dec 31, 2023 | 53.56% |
| Sep 30, 2023 | 47.39% |
| Jun 30, 2023 | 38.51% |
| Mar 31, 2023 | 35.32% |
| Dec 31, 2022 | -26.61% |
| Sep 30, 2022 | 16.28% |
| Jun 30, 2022 | -81.83% |
| Mar 31, 2022 | 10.43% |
| Dec 31, 2021 | -4.85% |
| Sep 30, 2021 | -19.24% |
| Jun 30, 2021 | -2.48% |