Guardant Health, Inc. (GH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 301.67M | 281.27M | 265.2M | 232.09M | 203.47M | 201.81M | 191.48M | 177.24M | 168.49M | 155.05M | 143.03M | 137.15M | 128.71M | 126.89M | 117.4M | 109.14M | 96.1M | 108.11M | 94.78M | 92.1M |
| Revenue Growth % | 48.26% | 39.37% | 38.5% | 30.95% | 20.76% | 30.16% | 33.87% | 29.23% | 30.9% | 22.19% | 21.83% | 25.66% | 33.94% | 17.37% | 23.87% | 18.5% | 22.16% | 38.04% | 27.1% | 38.84% |
| Cost of Goods Sold | 104.92M | 99.49M | 93.59M | 81.2M | 74.72M | 77.59M | 74.49M | 72.42M | 65.3M | -81.14M | 57.61M | 53.85M | 53.07M | 47.12M | 40.5M | 36.73M | 31.98M | 33.42M | 30.82M | 29.93M |
| COGS % of Revenue | 34.78% | 35.37% | 35.29% | 34.99% | 36.72% | 38.45% | 38.9% | 40.86% | 38.75% | -52.33% | 40.28% | 39.26% | 41.23% | 37.13% | 34.49% | 33.65% | 33.28% | 30.92% | 32.51% | 32.49% |
| Gross Profit | 196.75M | 181.77M | 171.61M | 150.88M | 128.75M | 124.22M | 116.99M | 104.81M | 103.19M | 236.19M | 85.42M | 83.3M | 75.64M | 79.77M | 76.91M | 72.42M | 64.12M | 74.69M | 63.96M | 62.17M |
| Gross Margin % | 65.22% | 64.63% | 64.71% | 65.01% | 63.28% | 61.55% | 61.1% | 59.14% | 61.25% | 152.33% | 59.72% | 60.74% | 58.77% | 62.87% | 65.51% | 66.35% | 66.72% | 69.08% | 67.49% | 67.51% |
| Gross Profit Growth % | 52.81% | 46.33% | 46.69% | 43.95% | 24.76% | -47.41% | 36.96% | 25.82% | 36.43% | 196.09% | 11.06% | 15.03% | 17.97% | 6.81% | 20.24% | 16.47% | 28.45% | 49.64% | 19.82% | 41.63% |
| Operating Expenses | 318.1M | 302.58M | 270.6M | 257.3M | 239.79M | 250.19M | 234.31M | 205.43M | 202.88M | 433.7M | 198.96M | 202.92M | 209.7M | 225.89M | 221.51M | 202.74M | 187.46M | 172.89M | 171.25M | 159.82M |
| OpEx % of Revenue | 105.45% | 107.58% | 102.04% | 110.86% | 117.85% | 123.97% | 122.37% | 115.91% | 120.41% | 279.71% | 139.1% | 147.95% | 162.92% | 178.02% | 188.67% | 185.75% | 195.07% | 159.93% | 180.68% | 173.52% |
| Selling, General & Admin | 227.06M | 204.31M | 180.64M | 169.85M | 151.27M | 156.64M | 147.01M | 122.33M | 119.08M | 116.79M | 105.11M | 112.56M | 116.57M | 119.31M | 121.49M | 117.28M | 105.7M | 99.87M | 100.28M | 96.09M |
| SG&A % of Revenue | 75.27% | 72.64% | 68.12% | 73.18% | 74.34% | 77.62% | 76.78% | 69.02% | 70.67% | 75.32% | 73.49% | 82.07% | 90.56% | 94.03% | 103.48% | 107.46% | 109.99% | 92.38% | 105.81% | 104.33% |
| Research & Development | 91.04M | 98.26M | 89.96M | 87.45M | 88.52M | 93.54M | 87.31M | 83.1M | 83.8M | 89.86M | 93.85M | 90.36M | 93.13M | 106.58M | 100.02M | 85.45M | 81.76M | 73.02M | 70.97M | 63.72M |
| R&D % of Revenue | 30.18% | 34.94% | 33.92% | 37.68% | 43.51% | 46.35% | 45.6% | 46.89% | 49.74% | 57.95% | 65.62% | 65.88% | 72.35% | 83.99% | 85.19% | 78.3% | 85.08% | 67.54% | 74.88% | 69.19% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | -48K | 0 | -187K | -243K |
| Operating Income | -121.35M | -120.81M | -98.99M | -106.41M | -111.04M | -125.97M | -117.33M | -100.62M | -99.68M | -197.51M | -113.54M | -119.62M | -134.06M | -146.12M | -144.6M | -130.32M | -123.34M | -98.21M | -107.29M | -97.64M |
| Operating Margin % | -40.23% | -42.95% | -37.33% | -45.85% | -54.57% | -62.42% | -61.28% | -56.77% | -59.16% | -127.38% | -79.38% | -87.22% | -104.15% | -115.15% | -123.16% | -119.4% | -128.34% | -90.84% | -113.2% | -106.02% |
| Operating Income Growth % | -9.28% | 4.1% | 15.63% | -5.76% | -11.39% | 36.22% | -3.33% | 15.88% | 25.64% | -35.17% | 21.48% | 8.21% | -8.69% | -48.79% | -34.78% | -33.47% | -14.35% | -7.72% | -44.49% | -78.77% |
| EBITDA | -111.91M | -110.75M | -89.58M | -96.37M | -100.81M | -115.51M | -106.73M | -89.92M | -88.97M | -186.64M | -102.51M | -108.98M | -123.71M | -135.95M | -134.79M | -121.54M | -116.14M | -92.12M | -101.79M | -92.04M |
| EBITDA Margin % | -37.1% | -39.38% | -33.78% | -41.52% | -49.54% | -57.24% | -55.74% | -50.73% | -52.8% | -120.37% | -71.67% | -79.46% | -96.11% | -107.14% | -114.81% | -111.35% | -120.85% | -85.21% | -107.4% | -99.94% |
| EBITDA Growth % | -11.01% | 4.12% | 16.07% | -7.18% | -13.3% | 38.11% | -4.12% | 17.5% | 28.08% | -37.29% | 23.95% | 10.33% | -6.52% | -47.58% | -32.43% | -32.04% | -12.92% | -6.42% | -45.62% | -88.13% |
| D&A (Non-Cash Add-back) | 9.44M | 10.05M | 9.41M | 10.04M | 10.24M | 10.45M | 10.6M | 10.7M | 10.71M | 10.87M | 11.04M | 10.63M | 10.35M | 10.17M | 9.81M | 8.79M | 7.2M | 6.09M | 5.5M | 5.6M |
| EBIT | -110.36M | -129.04M | -91.65M | -98.88M | -94.08M | -109.64M | -107.08M | -101.85M | -113.94M | -186.94M | -84.97M | -71.63M | -132.65M | -138.69M | -161.24M | -228.34M | -122.61M | -71.66M | -106.79M | -96.85M |
| Net Interest Income | 9.8M | 8.85M | 6.45M | 6.58M | 8.32M | 11.01M | 12.61M | 13.27M | 14.22M | 13.24M | 11.05M | 6.08M | 2.42M | 1.51M | 1.11M | 742K | 134K | 10K | 45K | 393K |
| Interest Income | 11.15M | 10.03M | 7.39M | 7.56M | 9.11M | 11.65M | 13.26M | 13.91M | 14.87M | 13.89M | 11.69M | 6.73M | 3.06M | 2.15M | 1.75M | 1.39M | 778K | 653K | 689K | 1.04M |
| Interest Expense | 1.35M | 1.18M | 943K | 983K | 791K | 645K | 646K | 645K | 645K | 645K | 644K | 645K | 644K | 644K | 644K | 645K | 644K | 643K | 644K | 644K |
| Other Income/Expense | 9.65M | -9.42M | 6.4M | 6.55M | 16.17M | 15.68M | 9.6M | -1.88M | -14.9M | 9.93M | 27.93M | 47.34M | 762K | 6.79M | -17.28M | -98.67M | 86K | 25.91M | -142K | 150K |
| Pretax Income | -111.7M | -130.22M | -92.59M | -99.86M | -94.87M | -110.29M | -107.72M | -102.5M | -114.58M | -187.58M | -85.61M | -72.28M | -133.29M | -139.33M | -161.88M | -228.99M | -123.25M | -72.3M | -107.43M | -97.49M |
| Pretax Margin % | -37.03% | -46.3% | -34.91% | -43.03% | -46.63% | -54.65% | -56.26% | -57.83% | -68% | -120.98% | -59.86% | -52.7% | -103.56% | -109.8% | -137.88% | -209.8% | -128.26% | -66.88% | -113.35% | -105.85% |
| Income Tax | 372K | -1.73M | 136K | 38K | 290K | 716K | 30K | 133K | 405K | -541K | 490K | 496K | 240K | 602K | 115K | 446K | -24K | 11K | 96K | 83K |
| Effective Tax Rate % | -0.33% | 1.33% | -0.15% | -0.04% | -0.31% | -0.65% | -0.03% | -0.13% | -0.35% | 0.29% | -0.57% | -0.69% | -0.18% | -0.43% | -0.07% | -0.19% | 0.02% | -0.02% | -0.09% | -0.09% |
| Net Income | -112.08M | -128.49M | -92.72M | -99.9M | -95.16M | -111.01M | -107.75M | -102.63M | -114.98M | -187.04M | -86.1M | -72.77M | -133.53M | -139.93M | -161.99M | -229.43M | -123.23M | -90.91M | -107.53M | -97.58M |
| Net Margin % | -37.15% | -45.68% | -34.96% | -43.04% | -46.77% | -55% | -56.28% | -57.9% | -68.24% | -120.63% | -60.2% | -53.06% | -103.74% | -110.28% | -137.98% | -210.21% | -128.23% | -84.09% | -113.45% | -105.94% |
| Net Income Growth % | -17.78% | -15.75% | 13.95% | 2.66% | 17.24% | 40.65% | -25.15% | -41.03% | 13.89% | -33.67% | 46.85% | 68.28% | -8.36% | -53.92% | -50.66% | -135.13% | -12.37% | 3.02% | -38.44% | -78.58% |
| Net Income (Continuing) | -112.08M | -128.49M | -92.72M | -99.9M | -95.16M | -111.01M | -107.75M | -102.63M | -114.98M | -187.04M | -86.1M | -72.77M | -133.53M | -139.93M | -161.99M | -229.43M | -123.23M | -72.31M | -107.53M | -97.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59.4M | 59.4M |
| EPS (Diluted) | -0.85 | -1.00 | -0.74 | -0.80 | -0.77 | -0.90 | -0.88 | -0.84 | -0.94 | -1.58 | -0.73 | -0.67 | -1.30 | -1.36 | -1.58 | -2.25 | -1.21 | -0.89 | -1.06 | -0.96 |
| EPS Growth % | -10.39% | -11.11% | 15.91% | 4.76% | 18.09% | 43.04% | -20.55% | -25.37% | 27.69% | -16.18% | 53.8% | 70.22% | -7.44% | -52.81% | -49.06% | -134.38% | -11.01% | 5.32% | -35.9% | -68.42% |
| EPS (Basic) | -0.85 | -1.00 | -0.74 | -0.80 | -0.77 | -0.90 | -0.88 | -0.84 | -0.94 | -1.58 | -0.73 | -0.67 | -1.30 | -1.36 | -1.58 | -2.25 | -1.21 | -0.89 | -1.06 | -0.96 |
| Diluted Shares Outstanding | 131.27M | 128.66M | 125.3M | 124.11M | 123.87M | 123.75M | 123.05M | 122.45M | 121.71M | 118.51M | 117.74M | 108.81M | 102.66M | 102.52M | 102.29M | 102.05M | 101.85M | 101.7M | 101.42M | 101.17M |
| Basic Shares Outstanding | 131.27M | 128.66M | 124.81M | 124.11M | 123.87M | 123.75M | 123.05M | 122.45M | 121.71M | 118.51M | 117.74M | 108.81M | 102.66M | 102.52M | 102.29M | 102.05M | 101.85M | 101.7M | 101.42M | 101.17M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |