NASDAQ$WGS

GeneDx Holdings Corp · Q2 2025 earnings

Q2 2025 earnings · · After market close

Briefing

GeneDx Holdings Corp reported strong sequential and year-over-year revenue growth in Q2 2025, driven by increased whole exome and genome sequencing volumes and improved reimbursement rates.

For the three months ended June 30, 2025, the company achieved total revenue of $102.7 million, representing a 46% increase from the prior year, with diagnostic test revenue reaching $99.8 million. Net income was $10.8 million, or $0.38 per basic share, compared to a net loss in the prior year period. Gross margin improved to 69.0% due to favorable test mix shift toward higher-margin exome and genome tests.

  • Total revenue grew 46% year-over-year to $102.7 million, led by 69% growth in whole exome and genome sequencing revenue.
  • Exome and genome test volumes increased 28% to 23,102 tests, representing 41% of total test results.
  • Gross profit rose 65% to $70.9 million, with gross margin expanding to 69.0% from 60.9% in Q2 2024.
  • Net income of $10.8 million reflected improved operating leverage and a favorable change in fair value of warrants.

Headline financials

Total Revenue

$103M

Previous: $70.5M+45.6%
EPS (adj)

$0.38

Previous: -$1.10+134.5%
Exome and genome test results

23.1K

No prior period
Capital Expenditures

-$8.5M

Previous: -$1.8M-373.4%
Net Income

$10.8M

Previous: -$29.2M+137.1%
Operating Income

$8.96M

Previous: -$10.6M+184.7%
Gross Profit

$70.9M

Previous: $43M+65.1%
Cash & Equivalents

$74.1M

Previous: $56.1M+32.2%
Total Assets

$464M

Previous: $389M+19.2%

Revenue & EPS history

GeneDx Holdings Corp · Revenue · Quarterly

$103M

Q2 2025+45.6%vs Q2 2024
Beat estimate in 1 of 3 quarters(33%)
ActualEstimate

Revenue by segment

GeneDx Holdings Corp · $103M total across 2 segments · Q2 2025

  • Diagnostic test revenue
    $99.8M
  • Other revenue
    $2.87M

Historical earnings impact

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

Avg. return before/after earnings

Based on 14 quarterly earnings reports

Historical avg

-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
Q2 2025
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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro