The Inventing Press

GeneDx Holdings Corp.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$427.5M$305.4M$202.6M$234.7M$212.2M
Cost of revenue$129.4M$111.1M$112.6M$261.4M$228.8M
Gross profit$298.2M$194.4M$90.0M-$26.8M-$16.6M
Research and development$72.0M$45.7M$58.3M$86.2M$105.2M
Operating income-$13.1M-$23.2M-$180.6M-$667.7M-$446.1M
Interest expense$3.2M$2.8M
Pretax income-$21.1M-$52.6M-$176.7M-$598.0M-$245.4M
Income tax expense-$116,000-$343,000-$926,000-$49.1M$0
Net income-$21.0M-$52.3M-$175.8M-$549.0M-$245.4M
Balance Sheet
Cash and equivalents$105.0M$85.2M$99.7M$123.9M$400.6M
Current assets$268.3M$198.0M$182.3M$212.6M$483.5M
Total assets$523.7M$419.4M$418.8M$490.9M$554.1M
Current liabilities$108.9M$54.8M$58.8M$144.3M$101.3M
Total liabilities$215.5M$174.1M$190.7M$237.2M$166.0M
Stockholders' equity$308.2M$245.2M$228.0M$253.7M$388.1M
Cash Flow Statement
Cash from operations$33.3M-$28.5M-$180.1M-$319.2M-$190.4M
Depreciation and amortization$9.6M$7.9M$19.7M$50.0M$21.8M
Stock-based compensation$32.2M$9.1M$326,000$42.0M$219.4M
Capital expenditure$19.0M$5.5M$5.2M$7.2M$9.4M
Free cash flow$14.3M-$34.0M-$185.4M-$326.3M-$199.8M
Impairments$0$0$10.4M$210.1M$0

Shares outstanding 29.7M

Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.