GeneDx Holdings (WGSWW) Gross Margin (2020 - 2026)
GeneDx Holdings (WGSWW) reported Gross Margin of 66.71% for Q1 2026, down 42.0% year-over-year from 115.01% in Q1 2025, and down 4.22% quarter-over-quarter from 69.65% in Q4 2025.
GeneDx Holdings (WGSWW) Gross Margin (2020 - 2026) Analysis & Trends
GeneDx Holdings (WGSWW) has 7 years of Gross Margin data on file, last reported at 66.71% in Q1 2026.
- Gross Margin for Q1 2026 came in at 66.71%, down 42.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 69.56% (up 429.0% YoY), and the FY2025 annual result was 69.74%, up 610.0% from the prior year.
- Gross Margin declined to 66.71% in Q1 2026 per WGSWW's latest filing, from 69.65% in the prior quarter.
- Over five years, Gross Margin peaked at 72.4% in Q3 2025 and troughed at 81.83% in Q2 2022.
- A 5-year average of 40.6% and a median of 59.93% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 7936 bps in 2022, then jumped 12034 bps in 2023.
- 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.
- Business Quant data shows WGSWW's Gross Margin at 66.71% in Q1 2026, 69.65% in Q4 2025, and 72.4% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 53.95% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 32.64% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 99.91% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 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% |