Company Analysis

GeneDx Holdings Corp. (WGS)

Nasdaq: WGS · Services-Health Services · Stamford, CT · filing with the SEC since 2020
Grade5.3
◀ Past 3.2● Present 5.6▶ Future 7.0
1 est.

The grade of GeneDx Holdings Corp.

Nine metrics read from its own filings, by tense
Headline grade
5.3/10
◀ Past3.230% of the headline
● Present5.640% of the headline
▶ Future7.030% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
4.0/10

Has it survived what it has been through?

7 warning events since 2020; the latest 2022-12-30.

weight 33% of this tense · 40th percentile among 15 sector filers · read for itself

From the record

GeneDx Holdings Corp.'s filings since 2020 show 7 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2022-12-30); a warning not to rely on past financial statements (8-K item 4.02, 3 times, the latest 2022-03-14); an auditor change (8-K item 4.01, 2 times, the latest 2021-08-16); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2021-05-18) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.5/10

What has it actually done, year after year?

+13.9% a year over 7 filed years; profitable in 0 of 7.

weight 45% of this tense · 25th percentile among 14 sector filers · read for its customers

From the record

GeneDx Holdings Corp.'s 7 filed years say what it did: revenue went from $196 million in fiscal 2019 to $428 million in fiscal 2025, up 13.9% a year; it rose in 4 of 6 years; the deepest fall was 14% from fiscal 2022 to fiscal 2023; net income was positive in 0 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.9%bottom 25% of its family
  • the share of years revenue rosebottom 29% of its family
  • the share of filed years with a profitbottom 14% of its family
  • the deepest fall from a revenue peak13.7%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
3.2/10

How has it treated the people who own it?

SI estimate 3.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 32nd percentile among 14 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 32% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 14 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GeneDx Holdings Corp.'s shareholder treatment is put at 3.2 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 32% of 14 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.6/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE -7%: lost 7¢ per shareholder dollar. Leverage 41%: owes 41¢ per asset dollar.

weight 33% of this tense · 54th percentile among 14 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, GeneDx Holdings Corp. lost about 7 cents for every dollar of shareholders' money, and gross profitability: its products earned about 57 cents per dollar of everything the company owns. Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count grew 6.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 39% of its family
  • return on equitybottom 29% of its family
  • gross profit against assetstop 19% of its family
  • the share count against the year beforebottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.4/10

How strong is its position in its industry?

top 46% of 14 in its family; net margin -4.9%.

weight 45% of this tense · 54th percentile among 14 sector filers · read for its customers

From the record

GeneDx Holdings Corp.'s standing among 14 graded names in its industry family: revenue of $428 million in fiscal 2025 ranks in the top 46% by size; a net margin of -4.9% ranks in the bottom 39%; revenue growth of 22.1% a year over the last 3 filed years ranks in the top 32% (its annual reports).

What it rests on

  • revenue against the family$428Mtop 46% of its family
  • net margin-4.9%bottom 39% of its family
  • three-year revenue growth22.1%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.3/10

What are the people in charge doing?

top 37% of 10 in its family for leadership; chief executive since 2022.

weight 22% of this tense · 63rd percentile among 10 sector filers · read for its shareholders

From the record

GeneDx Holdings Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Stueland, Katherine (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2022-05-02, 4.5 years (top 15% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 4.5 years (bottom 32%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 11 peopletop 29% of its family
  • the median years the people in charge have filed4.5 yearsbottom 32% of its family
  • the chief executive's years on the record4.5 yearstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.0/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.9/10

How much room does it have to grow?

top 31% of 14 in its family for room to expand.

weight 22% of this tense · 69th percentile among 14 sector filers · read for itself

From the record

GeneDx Holdings Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $105 million against debt of $48 million leaves 10.8% of its assets as net cash, top 46% of its family; cash from operations less capital spending is 3.3% of revenue (bottom 39%); a gross margin of 69.7% (top 6%); research spending of 16.8% of revenue (top 10%) (its annual report).

What it rests on

  • cash less debt against assets10.8%top 46% of its family
  • cash from operations less capital spending against revenue3.3%bottom 39% of its family
  • gross margin69.7%top 6% of its family
  • research spending against revenue16.8%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 14 in its family for growth drivers.

weight 45% of this tense · 70th percentile among 14 sector filers · read for its customers

From the record

GeneDx Holdings Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 22.1% a year over the last three filed years against 13.9% over all 7, speeding up (top 11% of its family); the newest year grew 40% (top 25%); research spending grew -5.8% a year (top 50%); capital spending grew 38.5% a year (top 35%) (its annual reports). GeneDx Holdings Corp. reported 2 lines of business in fiscal 2025: Gene Dx at $423 million (99%), All Other at $4 million (1%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+8.3 points a yeartop 11% of its family
  • the newest year's revenue growth40.0%top 25% of its family
  • three-year growth of research spending-5.8%top 50% of its family
  • three-year growth of capital spending38.5%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 12 in its family for expectations against reality.

weight 33% of this tense · 71st percentile among 12 sector filers · read for its shareholders

From the record

GeneDx Holdings Corp.'s newest year against its own record: revenue of $428 million in fiscal 2025 came in 22.7% above the $348 million its prior three years' pace pointed to (top 29% of its family); net income of $21 million against a prior three-year average of $259 million (top 46%); a net margin of -4.9% against losses larger than its revenue before (top 12%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace22.7%top 29% of its family
  • net income against the prior three years' average+92%top 46% of its family
  • net margin against its prior averageup more than 100 pointstop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WGS · research, not advice