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GeneDx Holdings WGS Other — Adjusted cost of services

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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%
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$2.3B-27.6%
Enterprise value$2.3B-27.0%
P/S5.2×-3.6×

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 wgs:AdjustedCostOfGoodSold.

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, 2026 / Gene DxThree months ended March 31, 2026 / OtherThree months ended March 31, 2026 / TotalThree months ended March 31, 2025 / Gene DxThree months ended March 31, 2025 / OtherThree months ended March 31, 2025 / Total
Revenue$101,496$758$102,254$87,115$87,115
Adjusted cost of services31,61358832,20127,39627,396
Adjusted gross profit(1)69,88317070,05359,71959,719
Reconciliations:
Depreciation and amortization1,4621,075
Stock-based compensation380168
Gross profit$68,211$58,476

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is GeneDx Holdings's other — adjusted cost of services?
GeneDx Holdings (WGS) reported other — adjusted cost of services of $588K in Q1 2026.
What does other — adjusted cost of services mean?
This metric captures the direct costs associated with providing services within the Other business segment, adjusted to exclude non-recurring or non-cash items. It represents the variable expenses incurred to generate revenue for these specific secondary operations. Analyzing this cost structure is essential for evaluating the operational efficiency and direct expense management of non-core business units.

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