GeneDx Holdings Corp.
WGS
Jodie read · what matters now
Revenue increased 17.4% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to WGS, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-04 against the comparable filing from 2025-04-30.
What improved
- Revenue increased 17.4% versus the comparable filing period.
What weakened
- The operating loss widened by 52.9M.
- Operating cash flow remained negative at -32.4M.
- Cash declined 5.8M versus the comparable period.
Filing receipts
“Goodwill and Intangible Assets The change in the carrying amount of goodwill during the three months ended March 31, 2026 was as follows: Balance at December 31, 2025 $ 13,520 Impairment charges ( 11,879 ) Balance at March 31, 2026 $ 1,641 During the first quarter of 2026, the Company concluded that a triggering event had occurred during the period for the goodwill associated with the Fabric Genomics reporting unit primarily due to a downward revision of forecasted cash flows driven by changes in commercial strategy and go-to-market execution, and lower revenue and profitability expectations.”
“For more information regarding our long-term debt, see Note 8, “ Long-term Debt .” Net cash provided by financing activities during the three months ended March 31, 2025 was $13.7 million, primarily driven by the $13.9 million net proceeds from our prior ATM offering, net of issuance costs.”
“Stock-Based Compensation Stock-based compensation expense is included within the condensed consolidated statements of operations and comprehensive loss as follows: Three months ended March 31, 2026 2025 Cost of services $ 380 $ 168 Research and development 1,406 419 Selling, general and administrative 7,210 3,396 Total stock-based compensation expense (1)(2) $ 8,996 $ 3,983 (1) The Company recorded an aggregate reversal of stock-based compensation of $ 0.8 million and $ 0.6 million during the three months ended March 31, 2026 and 2025, respectively, due to forfeiture activities upon employee terminations. (2) Includes $ 1.1 million and $ 0.3 million of expenses related to the 2021 Employee...”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind WGS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 7 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
WGS is currently a Follower in the organic co-movement group Molecular Diagnostics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.