GeneDx Holdings Corp.
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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FY2025 · Filed Feb 23, 2026
WGS$54.83-16.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except per share and share amounts)
| Year ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | |||
| Diagnostic test revenue | $416,668 | $302,157 | $195,654 |
| Other revenue | 10,871 | 3,293 | 6,912 |
| Total revenue | 427,539 | 305,450 | 202,566 |
| Cost of services | 129,366 | 111,053 | 112,560 |
| Gross profit | 298,173 | 194,397 | 90,006 |
| Research and development | 72,026 | 45,722 | 58,266 |
| Selling and marketing | 88,405 | 67,371 | 60,956 |
| General and administrative | 150,819 | 104,517 | 139,021 |
| Impairment loss | — | — | 10,402 |
| Other operating expenses, net | — | — | 1,957 |
| Loss from operations | (13,077) | (23,213) | (180,596) |
| Non-operating (expenses) income, net | |||
| Change in fair value of financial liabilities | (1,204) | (13,370) | 1,170 |
| Interest (expense) income, net | (2,539) | (3,032) | 1,114 |
| Other (expense) income, net | (4,317) | (13,014) | 1,619 |
| Total non-operating (expense) income, net | (8,060) | (29,416) | 3,903 |
| Loss before income taxes | (21,137) | (52,629) | (176,693) |
| Income tax benefit | 116 | 343 | 926 |
| Net loss | $(21,021) | $(52,286) | $(175,767) |
| Other comprehensive income, net of tax | |||
| Unrealized gain related to available for sale securities, net | 106 | 405 | 425 |
| Comprehensive loss | $(20,915) | $(51,881) | $(175,342) |
| Basic and diluted weighted average shares outstanding of Class A common stock | 28,641,734 | 26,891,213 | 24,311,989 |
| Basic and diluted net loss per share, Class A common stock | $(0.73) | $(1.94) | $(7.23) |
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