Flagship explainer

How GeneDx Holdings Corp. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$428M · 100%Cost of revenue$129M · 30%Gross profit$298M · 70%Operating income−$13.1M · −3%Income before tax−$21.1M · −5%Income tax−$116000 · −0%Net income−$21M · −5%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$428M100%
Cost of revenue$129M30%
$298M70%
−$13.1M−3%
Income before tax−$21.1M−5%
Income tax−$116000−0%
−$21M−5%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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