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GeneDx Holdings Corp. (WGS)

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GeneDx Holdings Corp. (WGS) reported revenue of $114 million for Q2 FY2026, the quarter ended 30 June 2026, up 11.4% on the same quarter a year earlier. Net income was -$18 million, and diluted earnings per share $-0.60. The figures are the company's own, from the 10-Q it filed with the SEC on 3 August 2026.

Revenue$114 millionup 11.4%
Net income-$18 million
Diluted EPS$-0.60
QuarterQ2 FY2026ended 30 June 2026

GeneDx Holdings (WGS) in brief

GeneDx Holdings (WGS) reported revenue of $428 million for fiscal 2025, the year ended 31 December 2025, up 40.0% on the year before.
Read moreNet loss was $21 million and the diluted loss per share $0.73. Revenue was $305 million in fiscal 2024, $203 million in fiscal 2023, $235 million in fiscal 2022 and $212 million in fiscal 2021. Net income in the same years was a loss of $52 million, a loss of $176 million, a loss of $549 million and a loss of $245 million. Over the twelve months to 30 June 2026, GeneDx Holdings reported revenue of $454 million and net loss of $106 million. Revenue grew 19.0% a year, compounded, over the five years to fiscal 2025. GeneDx Holdings had 30 million shares outstanding at the latest filed count. At 30 June 2026 it carried $100 million of debt and $60 million of cash. At the close of 27 October 2026 the market cap of GeneDx Holdings was $1.9 billion.

Ratios

From the filings

ROE-43.5%
ROCE-26.8%
Operating margin-20.3%
Net margin-23.4%
FCF margin-16.7%
Interest covern/a
Debt to equity0.41
Cash conversionn/a
Share count, last 12 months3.8%
Sales CAGR, 3 years22.1%
Profit CAGR, 3 yearsn/a
EPS, TTM-$3.64

At the close of 27 October 2026

Price$62.70
Market cap$1.9 billion
Stock P/En/a
Price to book7.65
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales4.11
52-week high$167.51
52-week low$34.51
Price, 1 year-52.0%
Price CAGR, 3 years177.9%
Price CAGR, 5 years-25.5%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as GeneDx Holdings Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
WGSgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on WGS

Dividendsno dividend in its filings for fiscal 2019 onward
Filings18 in twelve months: 8 current reports (8-K), about 5 results of operations; 2 regulation FD disclosure; 1 shareholder vote; 1 officer or director change; 1 material agreement
Planned insider sales8 Form 144 notices in twelve months, $21.7 million; latest 1 September 2026
Options tapeput/call 1.25 by open interest at the 27 October 2026 close; the straddle prices a 8.8% move to 30 October 2026
13F holders223 funds reported a position for the quarter to 30 June 2026; largest Corvex Management LP
Insider trading108 sales and 34 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest6.0 million shares short, 8.73 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021 †Q4 FY2021Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue43.257.853.936.283.261.443.148.753.357.462.470.576.995.687.1103117121102114
Cost of revenue51.560.648.365.869.777.727.929.928.026.725.027.629.029.428.631.832.236.734.036.2
Gross profit-8.3-2.85.6-29.613.5-16.315.218.825.330.837.443.047.866.258.570.984.584.368.278.2
Gross margin-19%-5%10%-82%16%-27%35%39%47%54%60%61%62%69%67%69%72%70%67%68%
R&D17.822.221.327.213.424.414.617.114.312.211.610.911.711.612.615.119.824.519.819.7
SG&An/an/an/an/an/an/an/an/an/an/an/an/an/an/a50.546.9n/an/a74.676.0
Operating income-88.3-116-89.3-163-90.8-325-60.4-51.6-43.0-25.6-13.7-10.6-7.88.8-4.69.0-3.3-14.2-57.5-17.5
Operating margin-204%-200%-166%-450%-109%-530%-140%-106%-81%-45%-22%-15%-10%9%-5%9%-3%-12%-56%-15%
Interest expense0.70.70.80.80.80.80.80.6n/an/an/an/an/an/an/an/an/an/an/an/a
Pre-tax income32.7-38.8-76.9-135-77.6-309-61.1-46.9-42.5-26.2-20.3-29.4-8.45.4-6.110.6-7.4-18.2-62.4-18.3
Tax rate0%n/an/an/an/an/an/an/an/an/an/an/an/a-0%n/a-2%n/an/an/an/a
Net income32.7-40.2-76.9-85.7-77.6-309-61.0-46.7-42.3-25.8-20.2-29.2-8.35.4-6.510.8-7.6-17.7-63.3-17.7
Net margin76%-70%-143%-237%-93%-503%-141%-96%-79%-45%-32%-41%-11%6%-7%11%-7%-15%-62%-16%
Diluted EPS$5.28n/a-$10.23-$8.25-$6.60n/a-$3.04-$1.84-$1.64n/a-$0.78-$1.10-$0.31n/a-$0.23$0.36-$0.27-$0.61-$2.16-$0.60
Operating cash flow-70.9-52.0-81.5-84.6-88.4-64.7-55.6-53.5-41.2-29.9-16.4-4.5-4.4-3.210.210.415.8-3.1-32.4-29.0
Capital expenditure1.05.11.41.42.22.20.02.80.12.40.41.40.63.06.12.46.24.36.510.1
Free cash flow-72.0-57.0-82.9-86.0-90.6-66.8-55.6-56.3-41.3-32.2-16.9-5.9-5.0-6.24.18.19.6-7.4-38.9-39.1
Shares outstanding7m7m7m12m12m356,75924m26m26m26m26m27m27m28m29m29m29m29m30m30m
Filing10-K10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 7 fiscal years and the trailing twelve months

FY2019FY2020 †FY2021FY2022 †FY2023FY2024 †FY2025TTM
Revenue196179212235203305428454
Cost of revenue113175229261113111129139
Gross profit82.84.0-16.6-26.890.0194298315
Gross margin42.2%2.2%-7.8%-11.4%44.4%63.6%69.7%69.4%
Research and development34.972.710586.258.345.772.083.8
Operating income-30.4-242-446-668-181-23.2-13.1-92.4
Operating margin-15.5%-134.9%-210.3%-284.5%-89.2%-7.6%-3.1%-20.3%
Interest expense0.82.52.83.2n/an/an/an/a
Pre-tax income-29.7-241-245-598-177-52.6-21.1-106
Income tax0.00.00.0-49.1-0.9-0.3-0.10.1
Net income-29.7-241-245-549-176-52.3-21.0-106
Net margin-15.1%-134.6%-115.6%-233.9%-86.8%-17.1%-4.9%-23.4%
Diluted EPSn/an/a-$74.91-$53.79-$7.23-$1.94-$0.73-$3.64
Filing10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
GeneDx19430242399.0%
Other8.23.24.51.0%
GeneDxOther
203FY2023305FY2024428FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2019FY2020 †FY2021FY2022 †FY2023FY2024 †FY2025TTM
Operating cash flow-18.7-93.1-190-319-180-28.533.3-48.7
Capital expenditure11.924.19.47.25.25.519.027.1
Free cash flow-30.7-117-200-326-185-34.014.3-75.8
Free cash flow margin-15.6%-65.4%-94.2%-139.0%-91.5%-11.1%3.3%-16.7%
Cash from investing-15.5-32.0-20.8-141-43.7-30.1-61.5-38.6
Cash from financing14812949419718644.248.073.6
Depreciation and amortisation6.411.721.850.019.77.99.610.9
Share-based compensation5.512021942.0-0.39.132.235.7
Diluted shares, weighted41553m10m24m27m29m30m
Shares outstanding at period endn/an/a7m356,75926m28m29m30m
Filing10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2019FY2020 †FY2021FY2022 †FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity-88.7-330388254228245308244
Redeemable equity2173340.00.0n/an/an/an/a
Debtn/a20.711.011.056.255.854.5100
Operating lease liabilitiesn/an/an/a44.544.442.738.8n/a
Finance lease liabilitiesn/an/a18.415.518.518.217.3n/a
Other liabilitiesn/a22713716671.657.5105137
Total liabilities and equityn/a252554491419419524481
Owned
Fixed assetsn/a63.162.751.532.532.945.754.3
Goodwilln/a0.00.0n/an/a0.013.51.6
Intangible assetsn/an/a0.0187173159168141
Investmentsn/an/an/a0.030.556.066.372.2
Cash and equivalents11510840112499.785.210560.3
Receivablesn/a32.026.542.6n/a37.674.483.6
Inventoryn/a25.033.513.78.810.714.017.8
Other assetsn/a23.430.872.574.738.436.450.2
Total assetsn/a252554491419419524481
Filing10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a19.0%22.1%25.4%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-77.0%-35.1%-6.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was GeneDx Holdings' revenue in fiscal 2025?

GeneDx Holdings (WGS) reported revenue of $428 million for fiscal 2025, the year ended 31 December 2025, up 40.0% on the year before.

How much did GeneDx Holdings earn in fiscal 2025?

Net loss was $21 million for fiscal 2025, and the diluted loss per share $0.73.

What is GeneDx Holdings' market cap?

The market cap of GeneDx Holdings was $1.9 billion at the close of 27 October 2026.

How much debt does GeneDx Holdings have?

At 30 June 2026 GeneDx Holdings carried $100 million of debt and $60 million of cash.

Peers: Healthcare

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
LifeStance Health Group, Inc. LFST$5.0 billion100.923.4%4.9%20.4%0.19n/a
Privia Health Group, Inc. PRVA$2.8 billion103.983.6%1.9%24.1%0.00n/a
Brookdale Senior Living Inc. BKD$2.3 billionn/an/a3.5%-4.4%n/a0.0%
Addus HomeCare Corp. ADUS$2.3 billion21.279.2%10.0%15.9%0.05n/a
Progyny, Inc. PGNY$2.1 billion30.1417.3%8.6%5.5%0.00n/a
GeneDx Holdings Corp. WGS$1.9 billionn/a-43.5%-20.3%25.4%0.41n/a
Personalis, Inc. PSNL$1.7 billionn/a-45.6%-164.1%-13.3%n/an/a
Ardent Health, Inc. ARDT$1.7 billion21.535.8%3.2%3.3%0.82n/a
Healthcare Services Group Inc. HCSG$1.6 billion16.3519.7%n/a4.0%0.003.5%
Sonida Senior Living, Inc. SNDA$1.6 billionn/a-14.2%-13.6%49.4%1.82n/a
agilon health, Inc. AGL$1.5 billion27.83-102.1%-5.2%0.3%0.13n/a
U S Physical Therapy Inc. USPH$1.3 billion98.927.2%9.4%11.3%0.492.1%
All 41 in Healthcare
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
HCA Healthcare, Inc. HCA$98.1 billion15.06n/a12.7%7.3%n/a0.7%
Natera, Inc. NTRA$59.0 billionn/a-10.6%-10.7%37.8%0.04n/a
Labcorp Holdings Inc. LH$26.8 billion27.4011.6%10.4%6.4%0.680.9%
Quest Diagnostics Inc. DGX$26.7 billion24.1614.8%14.6%9.1%0.731.4%
Guardant Health, Inc. GH$23.8 billionn/an/a-39.7%42.7%n/an/a
Tenet Healthcare Corp. THC$21.1 billion10.1148.1%20.8%5.4%2.84n/a
Encompass Health Corp. EHC$12.0 billion19.7923.9%18.0%9.5%1.010.6%
Davita Inc. DVA$11.6 billion14.87n/a15.2%6.4%n/an/a
BrightSpring Health Services, Inc. BTSG$11.5 billionn/an/an/an/a1.07n/a
Universal Health Services Inc. UHS$10.6 billion7.2220.3%11.4%10.0%0.650.5%
Ensign Group, Inc. ENSG$9.9 billion25.2115.6%9.0%17.5%0.080.2%
Caris Life Sciences, Inc. CAI$9.5 billion93.5617.8%15.5%n/a0.66n/a
Pacs Group, Inc. PACS$7.6 billion28.6324.2%7.4%16.6%0.220.5%
Grail, Inc. GRAL$6.7 billionn/a-15.4%-338.4%23.1%0.00n/a
Chemed Corp. CHE$6.7 billion25.5833.1%13.5%3.3%0.170.5%
Hims & Hers Health, Inc. HIMS$6.5 billionn/a-43.8%-6.0%28.0%4.21n/a
RadNet, Inc. RDNT$5.8 billionn/a-1.9%3.1%18.9%1.22n/a
Sotera Health Co. SHC$5.3 billion32.4624.6%n/a8.1%3.21n/a
Concentra Group Holdings Parent, Inc. CON$5.1 billion25.8241.7%16.4%14.0%3.300.6%
LifeStance Health Group, Inc. LFST$5.0 billion100.923.4%4.9%20.4%0.19n/a
Option Care Health, Inc. OPCH$4.7 billion23.5316.6%5.9%5.9%0.92n/a
Veracyte, Inc. VCYT$4.1 billion35.768.2%18.8%17.3%0.00n/a
CareDx, Inc. CDNA$3.6 billion34.0926.1%23.6%34.4%0.00n/a
National Healthcare Corp. NHC$3.3 billion23.8612.5%9.3%6.9%0.001.2%
Surgery Partners, Inc. SGRY$3.1 billionn/a-5.3%11.4%4.0%2.25n/a
Aveanna Healthcare Holdings, Inc. AVAH$2.8 billion10.3395.6%10.5%19.5%4.52n/a
Privia Health Group, Inc. PRVA$2.8 billion103.983.6%1.9%24.1%0.00n/a
Acadia Healthcare Company, Inc. ACHC$2.7 billionn/a-56.9%-32.6%4.3%1.22n/a
Pediatrix Medical Group, Inc. MD$2.3 billion13.8019.8%11.0%0.5%0.66n/a
Fortrea Holdings Inc. FTRE$2.3 billionn/a-16.3%-0.4%-2.1%2.01n/a
Brookdale Senior Living Inc. BKD$2.3 billionn/an/a3.5%-4.4%n/a0.0%
Addus HomeCare Corp. ADUS$2.3 billion21.279.2%10.0%15.9%0.05n/a
Progyny, Inc. PGNY$2.1 billion30.1417.3%8.6%5.5%0.00n/a
GeneDx Holdings Corp. WGS$1.9 billionn/a-43.5%-20.3%25.4%0.41n/a
Personalis, Inc. PSNL$1.7 billionn/a-45.6%-164.1%-13.3%n/an/a
Ardent Health, Inc. ARDT$1.7 billion21.535.8%3.2%3.3%0.82n/a
Healthcare Services Group Inc. HCSG$1.6 billion16.3519.7%n/a4.0%0.003.5%
Sonida Senior Living, Inc. SNDA$1.6 billionn/a-14.2%-13.6%49.4%1.82n/a
agilon health, Inc. AGL$1.5 billion27.83-102.1%-5.2%0.3%0.13n/a
U S Physical Therapy Inc. USPH$1.3 billion98.927.2%9.4%11.3%0.492.1%
AdaptHealth Corp. AHCO$797 millionn/a-16.6%-4.5%-0.4%1.37n/a
3 companies share its SEC industry code (Services-Health Services); the rest are the names nearest in size in its wider industry, Healthcare, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20263 August 2026EDGAR
10-Q31 March 20264 May 2026EDGAR
10-K31 December 202523 February 2026EDGAR
10-Q30 September 202528 October 2025EDGAR
10-Q30 June 202529 July 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-K31 December 202420 February 2025EDGAR
10-Q30 September 202429 October 2024EDGAR
10-Q30 June 202430 July 2024EDGAR
10-Q31 March 202429 April 2024EDGAR