Company research
GeneDx Holdings Corp.
CIK 1818331Updated Sep 27, 2026
SecurityWGS · NASDAQ · equity
Name history
Sema4 Holdings Corp. · through Jan 5, 2023CM Life Sciences, Inc. · through Jul 21, 2021
WGS price & chart
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NASDAQ:WGS on TradingView ↗In the news
WGS DEADLINE MONDAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages GeneDx Holdings Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important August 3 Deadline in Securities Class Action - WGS ↗
WGS DEADLINE: The Gross Law Firm Reminds GeneDx Holdings Corp. Investors of Upcoming Securities Class Action Deadline ↗
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in GeneDx Holdings Corp. of Class Action Lawsuit and Upcoming Deadlines - WGS ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 523,710,000Source | 419,380,000Source | 418,756,000Source | 490,942,000Source |
| Property, Plant and Equipment, NetUSD | 45,693,000Source | 32,893,000Source | 32,479,000Source | 51,527,000Source |
| GoodwillUSD | 13,520,000Source | — | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 168,481,000Source | 158,600,000Source | 172,625,000Source | 186,650,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 104,997,000Source | 85,212,000Source | 99,681,000Source | 123,933,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 74,370,000Source | — | — | 42,634,000Source |
| Inventory, NetUSD | 13,951,000Source | 10,650,000Source | 8,777,000Source | 13,665,000Source |
| Assets, CurrentUSD | 268,288,000Source | 197,968,000Source | 182,339,000Source | 212,622,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,685,000Source | 8,504,000Source | 10,598,000Source | — |
| Operating Lease, Right-of-Use AssetUSD | 23,412,000Source | 25,613,000Source | 26,900,000Source | 32,758,000Source |
| Other Assets, NoncurrentUSD | 4,316,000Source | 4,306,000Source | 4,413,000Source | 6,485,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 215,528,000Source | 174,133,000Source | 190,739,000Source | 237,237,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 3,000Source | 2,000Source | 2,000Source | 38,000Source |
| Additional Paid in CapitalUSD | 1,680,738,000Source | 1,596,889,000Source | 1,527,778,000Source | 1,378,088,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,373,495,000Source | -1,352,474,000Source | -1,300,188,000Source | -1,124,421,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 936,000Source | 830,000Source | 425,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 308,182,000Source | 245,247,000Source | 228,017,000Source | 253,705,000Source |
| Liabilities and EquityUSD | 523,710,000Source | 419,380,000Source | 418,756,000Source | 490,942,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 108,908,000Source | 54,817,000Source | 58,818,000Source | 144,297,000Source |
| Operating Lease, Liability, CurrentUSD | 3,881,000Source | 2,608,000Source | 2,331,000Source | 2,409,000Source |
| Accounts Payable, CurrentUSD | 2,461,000Source | 7,954,000Source | 10,238,000Source | 46,017,000Source |
| Operating Lease, Liability, NoncurrentUSD | 38,778,000Source | 42,698,000Source | 44,428,000Source | 44,468,000Source |
| Deferred Income Tax Liabilities, NetUSD | 757,000Source | 965,000Source | 1,560,000Source | 2,659,000Source |
| Other Liabilities, NoncurrentUSD | 1,641,000Source | 5,519,000Source | 14,735,000Source | 22,000,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 44,659,000Source | 11,504,000Source | 12,154,000Source | 38,861,000Source |
| Deferred Tax Liabilities, NetUSD | 757,000Source | 965,000Source | 1,560,000Source | 2,659,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | — | 6,250,000Source |
| Long-term Debt, Current MaturitiesUSD | 4,542,000Source | 1,211,000Source | 497,000Source | 4,750,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 48,176,000Source | 51,913,000Source | 52,688,000Source | 6,250,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 9,600,000Source | 7,900,000Source | 19,700,000Source | 59,309,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 32,162,000Source | 9,138,000Source | -326,000Source | 41,975,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 36,231,000Source | 5,421,000Source | -10,263,000Source | -5,527,000Source |
| Increase (Decrease) in InventoriesUSD | 3,436,000Source | 2,585,000Source | -975,000Source | -2,350,000Source |
| Deferred Income Tax Expense (Benefit)USD | -981,000Source | -584,000Source | -1,090,000Source | -49,124,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 33,279,000Source | -28,496,000Source | -180,147,000Source | -319,155,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 12,144,000Source | 127,004,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -61,517,000Source | -30,132,000Source | -43,726,000Source | -141,326,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 19,017,000Source | 5,491,000Source | 5,250,000Source | 7,156,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 48,025,000Source | 44,162,000Source | 186,238,000Source | 197,315,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 19,787,000Source | -14,466,000Source | -37,635,000Source | -263,166,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 105,989,000Source | 86,202,000Source | 100,668,000Source | 138,303,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 6,413,000Source | 6,677,000Source | 3,041,000Source | 1,932,000Source |
| Income Taxes Paid, NetUSD | 661,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 32,162,000Source | 9,138,000Source | -326,000Source | 41,975,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | 518,000Source |
| Capitalized Computer Software, AmortizationUSD | — | 0Source | 6,600,000Source | 15,400,000Source |
| DepreciationUSD | 9,605,000Source | 7,928,000Source | 19,709,000Source | 49,959,000Source |
| Depreciation, Amortization and Accretion, NetUSD | 25,224,000Source | 21,953,000Source | 33,734,000Source | — |
| Depreciation, NonproductionUSD | — | 600,000Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | 0Source | 1,677,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 1,700,000Source | — |
| Gain (Loss) Related to Litigation SettlementUSD | -5,560,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| General and Administrative ExpenseUSD | 150,819,000Source | 101,110,000Source | 133,755,000Source | 203,329,000Source |
| GoodwillUSD | 13,520,000Source | — | — | — |
| Goodwill, Impairment LossUSD | — | — | — | 174,500,000Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | -116,000Source | -343,000Source | -926,000Source | -49,052,000Source |
| Inventory Write-downUSD | 135,000Source | 180,000Source | 3,913,000Source | 1,125,000Source |
| Investment Income, InterestUSD | — | — | — | 2,541,000Source |
| Net Income (Loss) Attributable to ParentUSD | -21,021,000Source | -52,286,000Source | -175,767,000Source | -548,980,000Source |
| Nonoperating Income (Expense)USD | -8,060,000Source | -29,416,000Source | 3,903,000Source | 69,620,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 6,044,000Source |
| Operating Lease, Impairment LossUSD | — | — | — | 10,000,000Source |
| Other Nonoperating Income (Expense)USD | -4,317,000Source | -13,014,000Source | 1,619,000Source | 57,000Source |
| Other Operating Income (Expense), NetUSD | 0Source | -3,407,000Source | -7,223,000Source | — |
| Proceeds from Issuance of Common StockUSD | — | — | — | 197,659,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 0Source | 48,549,000Source | 0Source |
| Proceeds from Issuance of Redeemable Preferred StockUSD | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 43,970,000Source | 41,060,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 2,022,000Source | 394,000Source | 285,000Source | 2,948,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 427,539,000Source | 305,450,000Source | 202,566,000Source | 234,694,000Source |
| Cost of RevenueUSD | 129,366,000Source | 111,053,000Source | 112,560,000Source | 261,444,000Source |
| Operating Income (Loss)USD | -13,077,000Source | -23,213,000Source | -180,596,000Source | -667,652,000Source |
| Other Nonoperating Income (Expense)USD | -4,317,000Source | -13,014,000Source | 1,619,000Source | 57,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -21,137,000Source | -52,629,000Source | -176,693,000Source | -598,032,000Source |
| Income Tax Expense (Benefit)USD | -116,000Source | -343,000Source | -926,000Source | -49,052,000Source |
| Net Income (Loss) Attributable to ParentUSD | -21,021,000Source | -52,286,000Source | -175,767,000Source | -548,980,000Source |
| Earnings Per Share, BasicUSD per share | -0.73Source | -1.94Source | -7.23Source | -1.63Source |
| Earnings Per Share, DilutedUSD per share | -0.73Source | -1.94Source | -7.23Source | -1.63Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 28,641,734Source | 26,891,213Source | 24,311,989Source | 337,819,680Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 28,641,734Source | 26,891,213Source | 24,311,989Source | 337,819,680Source |
| Additional Financial Items | ||||
| Capitalized Computer Software, AmortizationUSD | — | 0Source | 6,600,000Source | 15,400,000Source |
| Current Income Tax Expense (Benefit)USD | 865,000Source | 241,000Source | 164,000Source | 72,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | -5,560,000Source | — | — | — |
| General and Administrative ExpenseUSD | 150,819,000Source | 101,110,000Source | 133,755,000Source | 203,329,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 174,500,000Source |
| Gross ProfitUSD | 298,173,000Source | 194,397,000Source | 90,006,000Source | -26,750,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -22,315,000Source | -53,558,000Source | -177,316,000Source | -598,136,000Source |
| Interest ExpenseUSD | — | — | — | 3,207,000Source |
| Interest Income (Expense), NetUSD | — | — | 1,114,000Source | — |
| Interest Income (Expense), Nonoperating, NetUSD | -2,539,000Source | -3,032,000Source | — | — |
| Investment Income, InterestUSD | — | — | — | 2,541,000Source |
| Nonoperating Income (Expense)USD | -8,060,000Source | -29,416,000Source | 3,903,000Source | 69,620,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 6,044,000Source |
| Other Operating Income (Expense), NetUSD | 0Source | -3,407,000Source | -7,223,000Source | — |
| Research and Development ExpenseUSD | 72,026,000Source | 45,722,000Source | 58,266,000Source | 86,203,000Source |
| Selling and Marketing ExpenseUSD | 88,405,000Source | 67,371,000Source | 60,956,000Source | 134,913,000Source |