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GeneDx Holdings WGS Gross Profit

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Other financials

Income statement

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Revenue$102.3M+17.4%
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$2.08B-31.7%
Enterprise value$2.08B-31.2%
P/S4.7×-3.7×

Profitability

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Gross margin69.6%+4.3pp
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.

The source filing: GeneDx Holdings’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001818331-26-000041
Line itemThree months ended March 31, 20262025
Other revenue9551,356
Total revenue102,25487,115
Cost of services34,04328,639
Gross profit68,21158,476
Research and development19,80412,577
Selling, general and administrative74,59150,450
Impairment loss31,287
Loss from operations(57,471)(4,551)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is GeneDx Holdings's gross profit?
GeneDx Holdings (WGS) reported gross profit of $68.21M in Q1 2026.
How has GeneDx Holdings's gross profit changed year-over-year?
GeneDx Holdings's gross profit increased by 16.6% year-over-year, from $58.48M to $68.21M.
What is the long-term trend for GeneDx Holdings's gross profit?
Over 4 years (2021 to 2025), GeneDx Holdings's gross profit has grown at a 105.9% compound annual growth rate (CAGR), from -$16.6M to $298.17M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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