v3.25.2
Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company’s structure is aligned with how the chief operating decision maker (“CODM”) reviews the business, makes investing and resource allocation decisions and assesses operating performance. The Company’s CODM is its Chief Executive Officer. As of June 30, 2025, the Company has identified the GeneDx operating segment as its one reportable segment. The GeneDx operating segment primarily provides pediatric and rare disease diagnostics with a focus on whole exome and genome sequencing and, to a lesser extent, data and information services. The Company has also identified two other operating segments: (1) Fabric Genomics and (2) Legacy Sema4, which was completely shut down in 2023 and is winding down its operating activities. The Fabric Genomics and Legacy Sema4 operating segments do not meet the quantitative thresholds for reportable segments and are collectively reported in Other.
The CODM evaluates segment performance based on revenue and adjusted gross profit.
Three months ended June 30,
20252024
GeneDxOtherTotalGeneDxOtherTotal
Revenue$101,784 $908 $102,692 $68,924 $1,590 $70,514 
Adjusted cost of services29,964 244 30,208 26,523 145 26,668 
Adjusted gross profit (1)
71,820 664 72,484 42,401 1,445 43,846 
Reconciliations:
Depreciation and amortization1,389 808 
Stock-based compensation193 86 
Gross profit$70,902 $42,952 
Six months ended June 30,
20252024
GeneDxOtherTotalGeneDxOtherTotal
Revenue$188,899 $908 $189,807 $130,385 $2,551 $132,936 
Adjusted cost of services57,360 244 57,604 50,622 145 50,767 
Adjusted gross profit (1)
131,539 664 132,203 79,763 2,406 82,169 
Reconciliations:
Depreciation and amortization2,464 1,624 
Stock-based compensation361 134 
Restructuring costs— 48 
Gross profit$129,378 $80,363 
(1)Adjusted cost of services and adjusted gross profit exclude depreciation and amortization expense, stock-based compensation expense and restructuring costs.
Management manages assets on a total company basis, not by reporting segment. The CODM does not regularly review any asset information by reporting segment and, accordingly, the Company does not report asset information by reporting segment.