Genedx Holdings's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Genedx Holdings (WGS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Genedx Holdings vs Its Competitors
- TTM: Trailing 12-month revenue of 455M vs 9,377M combined for tracked competitors (4.6% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+0.5% annualized vs trailing 12 months), vs accelerating (+6.0%) for its tracked peer group.
- Growth: Genedx Holdings generated 12.3% revenue growth year over year in Q2 2026, vs 18.7% for its tracked competitors combined.
- Profitability: Its -15.5% net margin compares with -3.2% for the peer group.
- Scale: Genedx Holdings ranks #46 of 247 companies by market capitalization in the Medical Equipment & Supplies industry, holding 0.2% of industry market cap.
- Peer revenue share: Genedx Holdings accounted for 4.4% of combined revenue among its tracked peer group, down from 4.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.35M compares with $0.62M for the peer group (0.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
WGS Sales vs. its Competitors, Q2 2026
Genedx Holdings reported revenue growth of 12.30 % year on year in Q2 2026, below its competitors' combined revenue growth of 18.68 %.
With a net margin of -15.50 %, Genedx Holdings reported lower profitability than its competitors (-3.18 %).
Genedx Holdings generated 4.40 % of the combined sales of its peer group, down from 4.64 % a year earlier.
Genedx Holdings vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Genedx Holdings and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Genedx Holdings Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (10) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Genedx Holdings's competitor groups requires a Commercial License.
For context: the Medical Equipment & Supplies industry grew revenue 15.0% year over year, combined, vs 12.3% for Genedx Holdings. Genedx Holdings's share of combined industry revenue moved from 0.10% to 0.10%, a gain of 0.00 percentage points.
Genedx Holdings's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Genedx Holdings Corp | No | Yes | Yes | No |
| Competitors combined (8) | ||||
| High-Confidence Competitors (11) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 0.00 % (0 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 28.60 % (2 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
WGS Stock Performance relative to its Competitors
WGS Stock Performance relative to High-Confidence Competitors
WGS Stock Performance relative to Similar-Size Competitors
WGS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Guardant Health Inc | 282.9% | Outperformed |
| 2 | Illumina Inc | 282.9% | Outperformed |
| 3 | Natera Inc | 282.9% | Outperformed |
| 4 | Exact Sciences Corporation | 282.9% | Outperformed |
| 5 | Pacific Biosciences Of California Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Genedx Holdings's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Genedx Holdings's Comment on Competition and Industry Peers
Publicly Traded Peers of Genedx Holdings Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Genedx Holdings Corp | 2,552.99 | 455.45 |
| Natera Inc | 58,997.99 | 2,707.08 |
| Illumina Inc | 41,600.70 | 4,493.00 |
| Guardant Health Inc | 23,561.31 | 1,183.11 |
| Exact Sciences Corporation | 19,599.02 | 3,245.31 |
| Pacific Biosciences Of California Inc | 531.22 | 159.32 |
| SUBTOTAL | 147,288.91 | 13,077.35 |
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Sources: Genedx Holdings Corp's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Genedx Holdings Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Genedx Holdings's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Illumina, Inc. | Named by the company | 85% |
| Exact Sciences | Named by the company | 85% |
| Color Genomics, Inc. | Named by the company | 85% |
| Laboratory Corporation of America Holdings | Named by the company | 85% |
| Schrödinger, Inc. | Named by the company | 85% |
| Variantyx | Named by the company | 85% |
| Baylor Genetics | Named by the company | 85% |
| Quest Diagnostics, Inc. | Named by the company | 85% |
| Tempus Labs, Inc. | Named by the company | 85% |
| Ambry Genetics | Named by the company | 85% |
| Myriad Genetics, Inc. | Named by the company | 85% |
| Sema4 | Named by the company | 85% |
| 10x Genomics, Inc. | Named by the company | 85% |
| Centogene | Named by the company | 85% |
| Invitae | Named by the company | 85% |
| Rady Children’s Hospital | Named by the company | 85% |
| Twist Biosciences Corp. | Named by the company | 85% |
| Baylor | Named by the company | 85% |
| Guardant Health, Inc. | Named by the company | 85% |
| Natera, Inc. | Named by the company | 85% |
| Tempus | Named by the company | 85% |
| Adaptive Biotechnologies | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Genedx Holdings's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Genedx Holdings's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Genedx Holdings Corp | GeneDx 99.30 % |
| Natera Inc | Reportable 100.00 % |
| Illumina Inc | Sequencing 90.94 % |
| Guardant Health Inc | Reportable 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Genedx Holdings's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Genedx Holdings Corp | 2,553 | 350,343 | -81,813 |
| Natera Inc | 58,998 | 440,892 | -31,327 |
| Illumina Inc | 41,601 | 3,510,156 | 644,531 |
| Guardant Health Inc | 23,561 | 472,109 | -180,940 |
| Exact Sciences Corporation | 19,599 | 450,738 | -28,882 |
| Pacific Biosciences Of California Inc | 531 | 328,485 | -270,901 |
| PEERS TOTAL | 144,736 | 621,065 | -14,398 |
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Genedx Holdings's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Natera Inc | United States 98.24 % |
| Illumina Inc | United States and Canada 56.34 % |
| Guardant Health Inc | United States 94.35 % |
| Exact Sciences Corporation | United States 93.11 % |
| Pacific Biosciences Of California Inc | Americas 45.29 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Genedx Holdings's Position in Industry Market Structure
Market-capitalization share and concentration across all 222 companies in Genedx Holdings's industry classification, broader than the peer set above. Market cap in millions of $.Genedx Holdings ranks #46 of 222 companies by market capitalization in its industry, holding 0.24 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 587, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Intuitive Surgical Inc | 145,832 | 13.38 % |
| 2 | Medtronic Plc | 113,372 | 10.40 % |
| 3 | Stryker Corp | 105,405 | 9.67 % |
| 4 | 3m Company | 88,542 | 8.12 % |
| 5 | Boston Scientific Corporation | 1,234 | 5.2% |
| 6 | Becton Dickinson And Company | 1,234 | 5.2% |
| 7 | Edwards Lifesciences Corporation | 1,234 | 5.2% |
| 8 | Dexcom Inc | 1,234 | 5.2% |
| 9 | Resmed Inc | 1,234 | 5.2% |
| 10 | Alcon inc | 1,234 | 5.2% |
| 46 | Genedx Holdings Corp | 2,579 | 0.24 % |
Market cap and industry share for the rest of Genedx Holdings's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Genedx Holdings's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 41 | Pulse Biosciences Inc | 3,582 | 202.93 % |
| 42 | Transmedics Group Inc | 3,467 | -30.36 % |
| 43 | Warby Parker Inc | 3,231 | -6.47 % |
| 44 | Atricure Inc | 2,829 | 65.27 % |
| 45 | Privia Health Group Inc | 1,234 | 12.3% |
| 46 | Genedx Holdings Corp | 2,579 | -23.15 % |
| 47 | Axogen inc | 1,234 | 12.3% |
| 48 | Ufp Technologies Inc | 1,234 | 12.3% |
| 49 | Inspire Medical Systems inc | 1,234 | 12.3% |
| 50 | Lemaitre Vascular Inc | 1,234 | 12.3% |
| 51 | Establishment Labs Holdings Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Genedx Holdings's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Genedx Holdings's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Medical Equipment & Supplies industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (288 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 69.22 % | 53.35 % (avg) | +15.9 pp |
| Operating Margin | -20.29 % | industry median | -11.9 pp |
| EBITDA Margin | -13.98 % | -6.82 % (avg) | -7.2 pp |
| Capital Intensity (Capex / Revenue) | 5.95 % | 5.43 % (avg) | +0.5 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Genedx Holdings's Valuation vs Competitive Position
Valuation multiples vs the Medical Equipment & Supplies industry average (288 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 34.6x | - |
| EV / EBITDA | - | 19.7x | - |
| P/B | 6.1x | 4.7x | +1.4x |
| Return on Equity | -38.72 % | industry aggregate | -50.78 % |
| Return on Invested Capital | -12.39 % | -2.32 % (avg) | -10.07 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Genedx Holdings's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2021 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | - | - | 51.18 % | 39.87 % |
| Operating Margin | - | -89.40 % | -7.60 % | -3.06 % |
| Return on Invested Capital | -67.16 % | -25.00 % | -3.78 % | -1.77 % |
| P/E | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Genedx Holdings's Strategic Group Map
Every company in Genedx Holdings's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Genedx Holdings is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Genedx Holdings's BCG Growth-Share Matrix
Relative market share (vs Genedx Holdings's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Genedx Holdings falls in the Dog quadrant: relative market share of 0.02x vs its largest competitor, in an industry growing revenue 9.2% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Genedx Holdings's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 587 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Moderate, in line with the industry | Capital intensity (capex / revenue) of 5.95 % vs industry average 5.43 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Genedx Holdings's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Genedx Holdings's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Genedx Holdings's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Genedx Holdings falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Genedx Holdings's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Operating margin 11.9 points below the industry median.
- Return on equity 50.8 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.02x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Genedx Holdings's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Genedx Holdings Corp | 0.99 | 2.85 | 0.27 |
| Natera Inc | - | 3.14 | 0.05 |
| Illumina Inc | - | 1.74 | 0.75 |
| Guardant Health Inc | 2.56 | 4.29 | - |
| Exact Sciences Corporation | 1.22 | 2.68 | 0.95 |
| Pacific Biosciences Of California Inc | 0.88 | 5.47 | 243.48 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Genedx Holdings's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Genedx Holdings Corp | Q2 2026 | +12.3 % | - |
| Natera Inc | Q2 2026 | +37.7 % | - |
| Illumina Inc | Q2 2026 | +9.4 % | -11.9 % |
| Guardant Health Inc | Q2 2026 | +44.3 % | - |
| Exact Sciences Corporation | Q4 2025 | +23.1 % | - |
| Pacific Biosciences Of California Inc | Q2 2026 | -1.7 % | - |
| PEERS TOTAL | +19.5 % | - |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Genedx Holdings's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Genedx Holdings Corp | Q2 2026 | +16.8 % | +326.9 % |
| Natera Inc | Q2 2026 | -99.3 % | +144.9 % |
| Illumina Inc | Q2 2026 | +6.9 % | +33.3 % |
| Guardant Health Inc | Q2 2026 | +42.8 % | +108.2 % |
| Exact Sciences Corporation | Q4 2025 | +19.5 % | - |
| Pacific Biosciences Of California Inc | Q2 2026 | +5.5 % | +182.7 % |
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Genedx Holdings's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Genedx Holdings Corp | - | - | - |
| Natera Inc | - | - | - |
| Illumina Inc | 12.68% | 19.61% | 31.08% |
| Guardant Health Inc | - | - | - |
| Exact Sciences Corporation | - | - | - |
| Pacific Biosciences Of California Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Genedx Holdings's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Genedx Holdings Corp | - | 5.61 |
| Natera Inc | - | 21.79 |
| Illumina Inc | 50.92 | 9.26 |
| Guardant Health Inc | - | 19.91 |
| Exact Sciences Corporation | - | 6.04 |
| Pacific Biosciences Of California Inc | - | 3.33 |
| PEERS AVERAGE | - | 11.26 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.