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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) 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 $88.2M, roughly 1.4× FIRST MID BANCSHARES, INC.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs -14.6%, a 41.4% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $-7.4M). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% CAGR vs 5.0%).

First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.

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...

FMBH vs WGS — Head-to-Head

Bigger by revenue
WGS
WGS
1.4× larger
WGS
$121.0M
$88.2M
FMBH
Growing faster (revenue YoY)
WGS
WGS
+23.1% gap
WGS
26.5%
3.4%
FMBH
Higher net margin
FMBH
FMBH
41.4% more per $
FMBH
26.8%
-14.6%
WGS
More free cash flow
FMBH
FMBH
$131.5M more FCF
FMBH
$124.0M
$-7.4M
WGS
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
WGS
WGS
Revenue
$88.2M
$121.0M
Net Profit
$23.7M
$-17.7M
Gross Margin
69.6%
Operating Margin
34.0%
-11.8%
Net Margin
26.8%
-14.6%
Revenue YoY
3.4%
26.5%
Net Profit YoY
23.5%
-424.9%
EPS (diluted)
$0.98
$-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
FMBH
FMBH
WGS
WGS
Q4 25
$88.2M
$121.0M
Q3 25
$89.3M
$116.7M
Q2 25
$87.5M
$102.7M
Q1 25
$84.3M
$87.1M
Q4 24
$85.3M
$95.6M
Q3 24
$80.6M
$76.9M
Q2 24
$79.2M
$70.5M
Q1 24
$79.9M
$62.4M
Net Profit
FMBH
FMBH
WGS
WGS
Q4 25
$23.7M
$-17.7M
Q3 25
$22.5M
$-7.6M
Q2 25
$23.4M
$10.8M
Q1 25
$22.2M
$-6.5M
Q4 24
$19.2M
$5.4M
Q3 24
$19.5M
$-8.3M
Q2 24
$19.7M
$-29.2M
Q1 24
$20.5M
$-20.2M
Gross Margin
FMBH
FMBH
WGS
WGS
Q4 25
69.6%
Q3 25
72.4%
Q2 25
69.0%
Q1 25
67.1%
Q4 24
69.2%
Q3 24
62.2%
Q2 24
60.9%
Q1 24
59.9%
Operating Margin
FMBH
FMBH
WGS
WGS
Q4 25
34.0%
-11.8%
Q3 25
32.2%
-2.8%
Q2 25
34.4%
8.7%
Q1 25
33.4%
-5.2%
Q4 24
29.7%
9.2%
Q3 24
31.5%
-10.1%
Q2 24
33.7%
-15.0%
Q1 24
33.7%
-21.9%
Net Margin
FMBH
FMBH
WGS
WGS
Q4 25
26.8%
-14.6%
Q3 25
25.2%
-6.5%
Q2 25
26.8%
10.5%
Q1 25
26.3%
-7.5%
Q4 24
22.5%
5.7%
Q3 24
24.2%
-10.8%
Q2 24
24.9%
-41.4%
Q1 24
25.6%
-32.4%
EPS (diluted)
FMBH
FMBH
WGS
WGS
Q4 25
$0.98
$-0.59
Q3 25
$0.94
$-0.27
Q2 25
$0.98
$0.36
Q1 25
$0.93
$-0.23
Q4 24
$0.81
$0.25
Q3 24
$0.81
$-0.31
Q2 24
$0.82
$-1.10
Q1 24
$0.86
$-0.78

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$171.3M
Total DebtLower is stronger
$354.5M
$54.5M
Stockholders' EquityBook value
$958.7M
$308.2M
Total Assets
$8.0B
$523.7M
Debt / EquityLower = less leverage
0.37×
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
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
$106.9M
Q1 24
$112.9M
Total Debt
FMBH
FMBH
WGS
WGS
Q4 25
$354.5M
$54.5M
Q3 25
$54.8M
Q2 25
$55.1M
Q1 25
$55.5M
Q4 24
$55.8M
Q3 24
$56.1M
Q2 24
$56.3M
Q1 24
$56.3M
Stockholders' Equity
FMBH
FMBH
WGS
WGS
Q4 25
$958.7M
$308.2M
Q3 25
$932.2M
$292.3M
Q2 25
$894.1M
$277.1M
Q1 25
$870.9M
$257.4M
Q4 24
$846.4M
$245.2M
Q3 24
$858.5M
$204.5M
Q2 24
$813.6M
$194.0M
Q1 24
$798.0M
$207.2M
Total Assets
FMBH
FMBH
WGS
WGS
Q4 25
$8.0B
$523.7M
Q3 25
$7.8B
$493.9M
Q2 25
$7.7B
$463.9M
Q1 25
$7.6B
$446.4M
Q4 24
$7.5B
$419.4M
Q3 24
$7.6B
$408.8M
Q2 24
$7.6B
$389.1M
Q1 24
$7.7B
$394.5M
Debt / Equity
FMBH
FMBH
WGS
WGS
Q4 25
0.37×
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
Q3 24
0.27×
Q2 24
0.29×
Q1 24
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
FMBH
FMBH
WGS
WGS
Operating Cash FlowLast quarter
$130.9M
$-3.1M
Free Cash FlowOCF − Capex
$124.0M
$-7.4M
FCF MarginFCF / Revenue
140.6%
-6.1%
Capex IntensityCapex / Revenue
7.8%
3.6%
Cash ConversionOCF / Net Profit
5.53×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
WGS
WGS
Q4 25
$130.9M
$-3.1M
Q3 25
$33.0M
$15.8M
Q2 25
$7.7M
$10.4M
Q1 25
$47.9M
$10.2M
Q4 24
$124.4M
$-3.2M
Q3 24
$33.1M
$-4.4M
Q2 24
$24.0M
$-4.5M
Q1 24
$29.0M
$-16.4M
Free Cash Flow
FMBH
FMBH
WGS
WGS
Q4 25
$124.0M
$-7.4M
Q3 25
$31.9M
$9.6M
Q2 25
$6.0M
$8.1M
Q1 25
$46.0M
$4.1M
Q4 24
$119.5M
$-6.2M
Q3 24
$32.0M
$-5.0M
Q2 24
$22.9M
$-5.9M
Q1 24
$27.6M
$-16.9M
FCF Margin
FMBH
FMBH
WGS
WGS
Q4 25
140.6%
-6.1%
Q3 25
35.8%
8.2%
Q2 25
6.8%
7.8%
Q1 25
54.5%
4.7%
Q4 24
140.0%
-6.5%
Q3 24
39.7%
-6.6%
Q2 24
28.9%
-8.3%
Q1 24
34.5%
-27.0%
Capex Intensity
FMBH
FMBH
WGS
WGS
Q4 25
7.8%
3.6%
Q3 25
1.2%
5.3%
Q2 25
2.0%
2.3%
Q1 25
2.3%
7.0%
Q4 24
5.8%
3.2%
Q3 24
1.4%
0.8%
Q2 24
1.4%
1.9%
Q1 24
1.9%
0.7%
Cash Conversion
FMBH
FMBH
WGS
WGS
Q4 25
5.53×
Q3 25
1.47×
Q2 25
0.33×
0.96×
Q1 25
2.16×
Q4 24
6.49×
-0.59×
Q3 24
1.70×
Q2 24
1.21×
Q1 24
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

WGS
WGS

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

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