GeneDx Holdings (WGSWW) Tax Rate (2022 - 2026)
GeneDx Holdings (WGSWW) posted quarterly Tax Rate of 1.44% for Q1 2026, up 514.0% YoY from 0.23% in Q1 2025, and down 150.77% sequentially from 2.83% in Q4 2025.
GeneDx Holdings (WGSWW) Tax Rate (2022 - 2026) Analysis & Trends
GeneDx Holdings has disclosed Tax Rate across 5 years of filings, most recently posting 1.44% for Q1 2026.
- In Q1 2026, Tax Rate rose 514.0% year-over-year to 1.44%; the TTM figure through Mar 2026 stood at 0.43% (down 7.0% YoY), while the FY2025 annual figure was 0.55%, down 10.0% from the prior year.
- Tax Rate declined to 1.44% in Q1 2026, from 2.83% in the prior quarter.
- Over the last five years, Tax Rate for WGSWW reached as high as 36.4% in Q2 2022 and fell as low as 6.58% in Q1 2025.
- The 5-year median for Tax Rate is 0.32% (2023), against an average of 1.88%.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 3598 bps — and 2026, when it jumped 514 bps.
- 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 plunged by 127 bps to 0.44% in 2024, then soared by 739 bps to 2.83% in 2025, then tumbled by 151 bps to 1.44% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 1.44%, 2.83%, and 2.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 21.66% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -0.35% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 16.91% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 17.99% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 19.17% |
| 10 | GeneDx Holdings | - | - | 68.21 Mn | -1.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |