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GeneDx Holdings WGS Gross margin

Gross margin at other companies

Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
51.9%-1.6pp
Quest Diagnostics logo
Quest DiagnosticsDGX
33.2%+0.4pp
Labcorp Holdings logo
Labcorp HoldingsLH
28.8%+0.9pp
Illumina logo
IlluminaILMN
66.2%-0.1pp
Agilent Technologies logo
Agilent TechnologiesA
52.7%-0.6pp
Guardant Health logo
Guardant HealthGH
64.9%+3.6pp

Other financials

Income statement

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Revenue$102.3M+17.4%
Gross profit$68.2M+16.6%
Operating income-$57.5M-1,163%
Net income-$63.3M-870%
EPS (diluted)-$2.16-839%

Balance sheet

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Cash & equivalents$94.9M-5.7%
Total debt$96.7M+82.5%
Total equity$254.1M-1.3%
Total assets$506.3M+13.4%

Cash flow

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Operating cash flow-$32.4M-418%
CapEx$6.5M+5.3%
Free cash flow-$38.9M-1,059%

Valuation

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Market cap$1.72B-24.3%
Enterprise value$1.73B-22.8%
P/S3.9×-3.0×

Profitability

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Operating margin-14.9%
Net margin-17.6%
FCF margin3.8%+2.1pp

Returns & leverage

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Return on equity-30.4%
Debt / equity0.4×+0.2×
Current ratio3.1×-0.2×

Where this comes from

Calculated from GeneDx Holdings’s reported figures.

Based on trailing twelve months.

The official record: GeneDx Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GeneDx Holdings's gross margin?
GeneDx Holdings (WGS) reported gross margin of 69.6% in Q1 2026.
How has GeneDx Holdings's gross margin changed year-over-year?
GeneDx Holdings's gross margin increased by 6.6% year-over-year, from 65.3% to 69.6%.
What is the long-term trend for GeneDx Holdings's gross margin?
Over 5 years (2020 to 2025), GeneDx Holdings's gross margin has grown at a 98.8% compound annual growth rate (CAGR), from 2.2% to 69.7%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.