NASDAQ$WGS

GeneDx Holdings Corp · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

GeneDx reported Q1 2026 total revenue of $102.3M and a net loss of $63.3M, with diluted loss per share of $2.16.

GeneDx (WGS) generated total revenue of $102.3 million (+17% YoY), driven by diagnostic test revenue of $101.3 million. Gross profit was $68.2 million, but R&D and SG&A of $94.4 million plus a $31.3 million impairment produced a loss from operations of $57.5 million. Net loss widened to $63.3 million, or $2.16 per share, from $6.5 million a year ago as commercial and clinical investments scaled.

  • Total revenue $102.3M (+17% YoY); diagnostic tests $101.3M.
  • Gross profit $68.2M; impairment loss $31.3M in the quarter.
  • Loss from operations $(57.5)M; net loss $(63.3)M.
  • Diluted loss per share $(2.16) vs. $(0.23) prior year.
  • R&D and SG&A growth reflects commercial expansion of genomic testing.

Headline financials

Total Revenue

$102M

Previous: $87.1M+17.4%
EPS (adj)

-$2.16

Previous: -$0.12-1700.0%
Capital Expenditures

-$6.45M

Previous: -$6.13M-5.3%
Net Income

-$63.3M

Previous: -$6.53M-869.8%
Operating Income

-$57.5M

Previous: -$4.55M-1162.8%
Gross Profit

$68.2M

Previous: $58.5M+16.6%

Revenue & EPS history

GeneDx Holdings Corp · Revenue · Quarterly

$102M

Q1 2026+17.4%vs Q1 2025
Beat estimate in 1 of 2 quarters(50%)
ActualEstimate

Forward guidance

Management highlights test volume growth and payer coverage expansion; no formal FY revenue or EPS targets in the 10-Q.

Tailwinds

  • Diagnostic revenue growth and strong gross margin dollars.
  • Higher test volumes support scale economics.

Headwinds

  • Operating losses widened on R&D, SG&A, and impairment.
  • Cash burn and path to profitability depend on reimbursement trends.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.2%

Avg return

Earnings day

-7.5%

Avg return

5 days after

-10.6%

Avg return

30 days after

36%

5 / 14 earnings

Positive

+49.9%

Q3 2024

Best reaction

-42.8%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.8%-37.6%-18.8%
Q4 2025+6.1%-2.9%-18.4%
Q3 2025+5.2%+4.8%+26.7%
Q1 2025-42.8%-43.4%-39.1%
Q3 2024+49.9%+38.7%+41.7%
Q2 2024-10.6%-10.7%-3.6%
Q1 2024-0.7%+77.4%+90.9%
Q3 2023-1.1%-20.7%-2.2%
Q2 2023-0.6%-21.2%-34.1%
Q1 2023-5.6%-22.2%-24.3%
Q3 2022-12.2%-39.0%-70.8%
Q2 2022-1.2%-51.0%-58.8%
Q1 2022+10.3%+32.1%+1.9%
Q3 2021-2.5%-9.2%-39.4%

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