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Side-by-side financial comparison of Omada Health, Inc. (OMDA) 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 $68.0M, roughly 1.8× Omada Health, Inc.). Omada Health, Inc. runs the higher net margin — -4.7% vs -14.6%, a 9.9% gap on every dollar of revenue. Omada Health, Inc. produced more free cash flow last quarter ($9.6M vs $-7.4M).

Omada Health, Inc. is a leading US-based digital chronic care management company. It offers evidence-based, personalized care programs for conditions including type 2 diabetes, hypertension, musculoskeletal disorders and mental health concerns, serving employers, health plans and health system clients across the United States, paired with professional coaching and digital tracking tools to support sustained member health improvements.

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...

OMDA vs WGS — Head-to-Head

Bigger by revenue
WGS
WGS
1.8× larger
WGS
$121.0M
$68.0M
OMDA
Higher net margin
OMDA
OMDA
9.9% more per $
OMDA
-4.7%
-14.6%
WGS
More free cash flow
OMDA
OMDA
$17.0M more FCF
OMDA
$9.6M
$-7.4M
WGS

Income Statement — Q3 2025 vs Q4 2025

Metric
OMDA
OMDA
WGS
WGS
Revenue
$68.0M
$121.0M
Net Profit
$-3.2M
$-17.7M
Gross Margin
66.3%
69.6%
Operating Margin
-3.7%
-11.8%
Net Margin
-4.7%
-14.6%
Revenue YoY
26.5%
Net Profit YoY
-424.9%
EPS (diluted)
$-0.06
$-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
OMDA
OMDA
WGS
WGS
Q4 25
$121.0M
Q3 25
$68.0M
$116.7M
Q2 25
$61.4M
$102.7M
Q1 25
$87.1M
Q4 24
$95.6M
Q3 24
$76.9M
Q2 24
$70.5M
Q1 24
$62.4M
Net Profit
OMDA
OMDA
WGS
WGS
Q4 25
$-17.7M
Q3 25
$-3.2M
$-7.6M
Q2 25
$-5.3M
$10.8M
Q1 25
$-6.5M
Q4 24
$5.4M
Q3 24
$-8.3M
Q2 24
$-29.2M
Q1 24
$-20.2M
Gross Margin
OMDA
OMDA
WGS
WGS
Q4 25
69.6%
Q3 25
66.3%
72.4%
Q2 25
65.7%
69.0%
Q1 25
67.1%
Q4 24
69.2%
Q3 24
62.2%
Q2 24
60.9%
Q1 24
59.9%
Operating Margin
OMDA
OMDA
WGS
WGS
Q4 25
-11.8%
Q3 25
-3.7%
-2.8%
Q2 25
-7.1%
8.7%
Q1 25
-5.2%
Q4 24
9.2%
Q3 24
-10.1%
Q2 24
-15.0%
Q1 24
-21.9%
Net Margin
OMDA
OMDA
WGS
WGS
Q4 25
-14.6%
Q3 25
-4.7%
-6.5%
Q2 25
-8.7%
10.5%
Q1 25
-7.5%
Q4 24
5.7%
Q3 24
-10.8%
Q2 24
-41.4%
Q1 24
-32.4%
EPS (diluted)
OMDA
OMDA
WGS
WGS
Q4 25
$-0.59
Q3 25
$-0.06
$-0.27
Q2 25
$-0.24
$0.36
Q1 25
$-0.23
Q4 24
$0.25
Q3 24
$-0.31
Q2 24
$-1.10
Q1 24
$-0.78

Balance Sheet & Financial Strength

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

Metric
OMDA
OMDA
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$198.6M
$171.3M
Total DebtLower is stronger
$0
$54.5M
Stockholders' EquityBook value
$217.3M
$308.2M
Total Assets
$287.5M
$523.7M
Debt / EquityLower = less leverage
0.00×
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OMDA
OMDA
WGS
WGS
Q4 25
$171.3M
Q3 25
$198.6M
$155.1M
Q2 25
$223.1M
$134.6M
Q1 25
$159.2M
Q4 24
$141.2M
Q3 24
$116.5M
Q2 24
$106.9M
Q1 24
$112.9M
Total Debt
OMDA
OMDA
WGS
WGS
Q4 25
$54.5M
Q3 25
$0
$54.8M
Q2 25
$30.0M
$55.1M
Q1 25
$55.5M
Q4 24
$55.8M
Q3 24
$56.1M
Q2 24
$56.3M
Q1 24
$56.3M
Stockholders' Equity
OMDA
OMDA
WGS
WGS
Q4 25
$308.2M
Q3 25
$217.3M
$292.3M
Q2 25
$214.2M
$277.1M
Q1 25
$257.4M
Q4 24
$245.2M
Q3 24
$204.5M
Q2 24
$194.0M
Q1 24
$207.2M
Total Assets
OMDA
OMDA
WGS
WGS
Q4 25
$523.7M
Q3 25
$287.5M
$493.9M
Q2 25
$303.0M
$463.9M
Q1 25
$446.4M
Q4 24
$419.4M
Q3 24
$408.8M
Q2 24
$389.1M
Q1 24
$394.5M
Debt / Equity
OMDA
OMDA
WGS
WGS
Q4 25
0.18×
Q3 25
0.00×
0.19×
Q2 25
0.14×
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
OMDA
OMDA
WGS
WGS
Operating Cash FlowLast quarter
$10.1M
$-3.1M
Free Cash FlowOCF − Capex
$9.6M
$-7.4M
FCF MarginFCF / Revenue
14.1%
-6.1%
Capex IntensityCapex / Revenue
0.8%
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OMDA
OMDA
WGS
WGS
Q4 25
$-3.1M
Q3 25
$10.1M
$15.8M
Q2 25
$-13.3M
$10.4M
Q1 25
$10.2M
Q4 24
$-3.2M
Q3 24
$-4.4M
Q2 24
$-4.5M
Q1 24
$-16.4M
Free Cash Flow
OMDA
OMDA
WGS
WGS
Q4 25
$-7.4M
Q3 25
$9.6M
$9.6M
Q2 25
$-13.8M
$8.1M
Q1 25
$4.1M
Q4 24
$-6.2M
Q3 24
$-5.0M
Q2 24
$-5.9M
Q1 24
$-16.9M
FCF Margin
OMDA
OMDA
WGS
WGS
Q4 25
-6.1%
Q3 25
14.1%
8.2%
Q2 25
-22.6%
7.8%
Q1 25
4.7%
Q4 24
-6.5%
Q3 24
-6.6%
Q2 24
-8.3%
Q1 24
-27.0%
Capex Intensity
OMDA
OMDA
WGS
WGS
Q4 25
3.6%
Q3 25
0.8%
5.3%
Q2 25
1.0%
2.3%
Q1 25
7.0%
Q4 24
3.2%
Q3 24
0.8%
Q2 24
1.9%
Q1 24
0.7%
Cash Conversion
OMDA
OMDA
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

OMDA
OMDA

Services$62.9M93%
Hardware$5.1M7%

WGS
WGS

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

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