10-Q quarterly report · filed Oct 28, 2025

GeneDx Holdings Corp. (WGS) Q3 2025 10-Q Quarterly Report

Short answer

GeneDx Holdings Corp. (WGS) filed its Q3 2025 10-Q quarterly report on Oct 28, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $117M (up 51.9% year over year) with net income of −$8M.

Q3 2025 key financials · XBRL

Revenue
$117M
+51.9% YoY · +13.7% QoQ
Net income
−$8M
+8.1% YoY · −170.6% QoQ
Operating margin
-2.8%
Gross margin
72.4%
EPS (diluted)
−$0.26
+10.3% YoY · −170.3% QoQ

Source: XBRL data from the GeneDx Holdings Corp. (WGS) Q3 2025 10-Q on SEC EDGAR. USD.

GeneDx Holdings Corp. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New regulatory risk: FDA final rule on lab-developed tests (LDTs) overturned March 31, 2025, creates ongoing uncertainty for LDT compliance
  • Most material regulatory update: Potential enforcement of FDA oversight on LDTs could increase costs and reduce revenue, impacting financial condition
  • Legal risk: Multiple lawsuits filed challenging FDA's LDT authority; U.S. District Court struck down 2024 FDA final rule, FDA did not appeal
  • Operational risk: Breakthrough Device Designation for ExomeDx and GenomeDx tests in Oct 2025 may not accelerate FDA authorization or approval process
  • Financial risk: Regulatory changes could increase compliance costs and delay test market entry, affecting near-term revenue and profitability

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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