For the quarter ending 2025-09-30, WGS made $116,743,000 in revenue. -$7,445,000 in net income. Net profit margin of -6.38%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenue | 116,743,000 | 102,692,000 | 87,115,000 | 75,094,333.333 |
| Cost of services | 32,216,000 | 31,790,000 | 28,639,000 | 27,336,000 |
| Gross profit | 84,527,000 | 70,902,000 | 58,476,000 | 48,856,000 |
| Other operating expenses, net | - | - | - | -877,666.667 |
| Research and development | 19,829,000 | 15,079,000 | 12,577,000 | 11,352,333.333 |
| Selling and marketing | 23,510,000 | 19,448,000 | 18,316,000 | 16,782,000 |
| General and administrative | 44,439,000 | 27,415,000 | 32,134,000 | 24,988,333.333 |
| Loss (income) from operations | -3,251,000 | 8,960,000 | -4,551,000 | -5,144,333.333 |
| Change in fair value of financial liabilities | -3,401,000 | 2,181,000 | -1,100,000 | - |
| Change in fair value of warrants and contingent liabilities | - | - | - | -3,342,500 |
| Interest expense, net | -562,000 | -817,000 | -640,000 | -729,666.667 |
| Other (expense) income, net | -174,000 | 239,000 | 209,000 | -4,719,333.333 |
| Total non-operating expense, net | -4,137,000 | 1,603,000 | -1,531,000 | -9,612,333.333 |
| Loss before income taxes | -7,388,000 | 10,563,000 | -6,082,000 | -14,756,666.667 |
| Income tax (expense) benefit | 247,000 | -246,000 | 447,000 | -98,666.667 |
| Net loss | -7,635,000 | 10,809,000 | -6,529,000 | -14,658,000 |
| Unrealized gain related to available for sale securities, net | 190,000 | -93,000 | 75,000 | -18,000 |
| Comprehensive loss | -7,445,000 | 10,716,000 | -6,454,000 | -14,676,000 |
| Earnings (loss) per share, class a common stock- basic (in dollars per share) | - | 0.38 | -0.23 | -0.543 |
| Earnings (loss) per share, class a common stock- diluted (in dollars per share) | - | 0.36 | -0.23 | -0.543 |
| Weighted average shares outstanding of class a common stock - basic (in shares) | - | 28,579,704 | 28,147,948 | -68,257.667 |
| Weighted average shares outstanding of class a common stock - diluted (in shares) | - | 29,753,933 | 28,147,948 | -68,257.667 |
| Basic loss per share, class a common stock (in dollars per share) | -0.27 | - | - | - |
| Diluted loss per share, class a common stock (in dollars per share) | -0.27 | - | - | - |
| Weighted-average shares outstanding of class a common stock - basic (in shares) | 28,797,730 | - | - | - |
| Weighted-average shares outstanding of class a common stock - diluted (in shares) | 28,797,730 | - | - | - |
GeneDx Holdings Corp. (WGS)
GeneDx Holdings Corp. (WGS)