vs

Side-by-side financial comparison of GRAFTECH INTERNATIONAL LTD (EAF) and GeneDx Holdings Corp. (WGS). Click either name above to swap in a different company.

GeneDx Holdings Corp. is the larger business by last-quarter revenue ($121.0M vs $116.5M, roughly 1.0× GRAFTECH INTERNATIONAL LTD). GeneDx Holdings Corp. runs the higher net margin — -14.6% vs -55.9%, a 41.3% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs -13.2%). GeneDx Holdings Corp. produced more free cash flow last quarter ($-7.4M vs $-39.3M). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% CAGR vs -7.7%).

GrafTech International Ltd. is a manufacturer of graphite electrodes and petroleum coke, which are essential for the production of electric arc furnace steel and other metals. Headquartered in Brooklyn Heights, Ohio, it has manufacturing facilities in Calais, France;Pamplona, Spain; Monterrey, Mexico; and St. Marys, Pennsylvania.

GeneDx is a genetic testing company that was founded in 2000 by two scientists from the National Institutes of Health (NIH), Sherri Bale and John Compton. They started the company to provide clinical diagnostic services for patients and families with rare and ultra-rare disorders, for which no such commercial testing was available at the time. The company started in the Technology Development Center, a biotech incubator supported by the state of Maryland and Montgomery County, MD. In 2006, Bi...

EAF vs WGS — Head-to-Head

Bigger by revenue
WGS
WGS
1.0× larger
WGS
$121.0M
$116.5M
EAF
Growing faster (revenue YoY)
WGS
WGS
+39.7% gap
WGS
26.5%
-13.2%
EAF
Higher net margin
WGS
WGS
41.3% more per $
WGS
-14.6%
-55.9%
EAF
More free cash flow
WGS
WGS
$31.8M more FCF
WGS
$-7.4M
$-39.3M
EAF
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
-7.7%
EAF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EAF
EAF
WGS
WGS
Revenue
$116.5M
$121.0M
Net Profit
$-65.1M
$-17.7M
Gross Margin
-20.9%
69.6%
Operating Margin
-33.6%
-11.8%
Net Margin
-55.9%
-14.6%
Revenue YoY
-13.2%
26.5%
Net Profit YoY
-31.6%
-424.9%
EPS (diluted)
$-6.86
$-0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EAF
EAF
WGS
WGS
Q4 25
$116.5M
$121.0M
Q3 25
$144.0M
$116.7M
Q2 25
$131.8M
$102.7M
Q1 25
$111.8M
$87.1M
Q4 24
$134.2M
$95.6M
Q3 24
$130.7M
$76.9M
Q2 24
$137.3M
$70.5M
Q1 24
$136.6M
$62.4M
Net Profit
EAF
EAF
WGS
WGS
Q4 25
$-65.1M
$-17.7M
Q3 25
$-28.5M
$-7.6M
Q2 25
$-86.9M
$10.8M
Q1 25
$-39.4M
$-6.5M
Q4 24
$-49.5M
$5.4M
Q3 24
$-36.1M
$-8.3M
Q2 24
$-14.8M
$-29.2M
Q1 24
$-30.9M
$-20.2M
Gross Margin
EAF
EAF
WGS
WGS
Q4 25
-20.9%
69.6%
Q3 25
7.2%
72.4%
Q2 25
0.0%
69.0%
Q1 25
-1.5%
67.1%
Q4 24
-7.8%
69.2%
Q3 24
-9.2%
62.2%
Q2 24
2.9%
60.9%
Q1 24
-1.0%
59.9%
Operating Margin
EAF
EAF
WGS
WGS
Q4 25
-33.6%
-11.8%
Q3 25
-3.6%
-2.8%
Q2 25
-11.0%
8.7%
Q1 25
-16.3%
-5.2%
Q4 24
-18.6%
9.2%
Q3 24
-20.1%
-10.1%
Q2 24
-2.0%
-15.0%
Q1 24
-15.6%
-21.9%
Net Margin
EAF
EAF
WGS
WGS
Q4 25
-55.9%
-14.6%
Q3 25
-19.8%
-6.5%
Q2 25
-65.9%
10.5%
Q1 25
-35.2%
-7.5%
Q4 24
-36.9%
5.7%
Q3 24
-27.6%
-10.8%
Q2 24
-10.7%
-41.4%
Q1 24
-22.6%
-32.4%
EPS (diluted)
EAF
EAF
WGS
WGS
Q4 25
$-6.86
$-0.59
Q3 25
$-1.10
$-0.27
Q2 25
$-0.34
$0.36
Q1 25
$-0.15
$-0.23
Q4 24
$-3.51
$0.25
Q3 24
$-1.40
$-0.31
Q2 24
$-0.06
$-1.10
Q1 24
$-0.12
$-0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EAF
EAF
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$171.3M
Total DebtLower is stronger
$1.1B
$54.5M
Stockholders' EquityBook value
$-259.6M
$308.2M
Total Assets
$1.0B
$523.7M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EAF
EAF
WGS
WGS
Q4 25
$171.3M
Q3 25
$155.1M
Q2 25
$134.6M
Q1 25
$159.2M
Q4 24
$141.2M
Q3 24
$116.5M
Q2 24
$120.7M
$106.9M
Q1 24
$165.2M
$112.9M
Total Debt
EAF
EAF
WGS
WGS
Q4 25
$1.1B
$54.5M
Q3 25
$1.1B
$54.8M
Q2 25
$1.1B
$55.1M
Q1 25
$1.1B
$55.5M
Q4 24
$1.1B
$55.8M
Q3 24
$929.5M
$56.1M
Q2 24
$928.2M
$56.3M
Q1 24
$926.9M
$56.3M
Stockholders' Equity
EAF
EAF
WGS
WGS
Q4 25
$-259.6M
$308.2M
Q3 25
$-194.4M
$292.3M
Q2 25
$-168.4M
$277.1M
Q1 25
$-105.3M
$257.4M
Q4 24
$-78.9M
$245.2M
Q3 24
$-9.0M
$204.5M
Q2 24
$16.2M
$194.0M
Q1 24
$37.6M
$207.2M
Total Assets
EAF
EAF
WGS
WGS
Q4 25
$1.0B
$523.7M
Q3 25
$1.1B
$493.9M
Q2 25
$1.1B
$463.9M
Q1 25
$1.2B
$446.4M
Q4 24
$1.2B
$419.4M
Q3 24
$1.1B
$408.8M
Q2 24
$1.2B
$389.1M
Q1 24
$1.2B
$394.5M
Debt / Equity
EAF
EAF
WGS
WGS
Q4 25
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
Q3 24
0.27×
Q2 24
57.16×
0.29×
Q1 24
24.64×
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EAF
EAF
WGS
WGS
Operating Cash FlowLast quarter
$-20.9M
$-3.1M
Free Cash FlowOCF − Capex
$-39.3M
$-7.4M
FCF MarginFCF / Revenue
-33.7%
-6.1%
Capex IntensityCapex / Revenue
15.8%
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-120.5M
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EAF
EAF
WGS
WGS
Q4 25
$-20.9M
$-3.1M
Q3 25
$24.7M
$15.8M
Q2 25
$-53.2M
$10.4M
Q1 25
$-32.2M
$10.2M
Q4 24
$-26.4M
$-3.2M
Q3 24
$23.7M
$-4.4M
Q2 24
$-36.9M
$-4.5M
Q1 24
$-530.0K
$-16.4M
Free Cash Flow
EAF
EAF
WGS
WGS
Q4 25
$-39.3M
$-7.4M
Q3 25
$18.4M
$9.6M
Q2 25
$-57.1M
$8.1M
Q1 25
$-42.5M
$4.1M
Q4 24
$-39.2M
$-6.2M
Q3 24
$19.7M
$-5.0M
Q2 24
$-43.8M
$-5.9M
Q1 24
$-11.0M
$-16.9M
FCF Margin
EAF
EAF
WGS
WGS
Q4 25
-33.7%
-6.1%
Q3 25
12.8%
8.2%
Q2 25
-43.3%
7.8%
Q1 25
-38.0%
4.7%
Q4 24
-29.2%
-6.5%
Q3 24
15.1%
-6.6%
Q2 24
-31.9%
-8.3%
Q1 24
-8.1%
-27.0%
Capex Intensity
EAF
EAF
WGS
WGS
Q4 25
15.8%
3.6%
Q3 25
4.4%
5.3%
Q2 25
3.0%
2.3%
Q1 25
9.2%
7.0%
Q4 24
9.5%
3.2%
Q3 24
3.1%
0.8%
Q2 24
5.1%
1.9%
Q1 24
7.7%
0.7%
Cash Conversion
EAF
EAF
WGS
WGS
Q4 25
Q3 25
Q2 25
0.96×
Q1 25
Q4 24
-0.59×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EAF
EAF

Graphite Electrodes$107.0M92%
By Products And Other$9.4M8%

WGS
WGS

Diagnostic Test Third Party Insurance$101.1M84%
Diagnostic Test Institutional Customers$15.5M13%
Other$3.4M3%

Related Comparisons