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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%
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

Reported directly by GeneDx Holdings in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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
Total non-operating expense, net(4,948)(1,531)
Loss before income taxes(62,419)(6,082)
Income tax expense(897)(447)
Net loss$(63,316)$(6,529)
Other comprehensive (loss) income, net of tax
Unrealized (loss) gain related to available for sale securities, net(253)75
Comprehensive loss$(63,569)$(6,454)
Weighted-average shares outstanding of Class A common stock29,335,12628,147,948

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is GeneDx Holdings's net income?
GeneDx Holdings (WGS) reported net income of -$63.32M in Q1 2026.
How has GeneDx Holdings's net income changed year-over-year?
GeneDx Holdings's net income decreased by 869.8% year-over-year, from -$6.53M to -$63.32M.
What is the long-term trend for GeneDx Holdings's net income?
Over 3 years (2021 to 2025), GeneDx Holdings's net income has grown at a -55.9% compound annual growth rate (CAGR), from -$245.39M to -$21.02M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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