Operating
Change in Inventories
Guardant Health Change in Inventories decreased by 131.5% to -$2.03M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 132.8%, from $6.17M to -$2.03M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 7, 2026
How to read this metric
An increase consumes cash, while a decrease releases cash from working capital.
Detailed definition
Reflects the net change in the value of raw materials, work-in-progress, and finished goods held by the company. Changes...
Peer comparison
Highly dependent on industry; diagnostic companies typically maintain lower inventory levels than manufacturing peers.
Metric ID:
change_in_inventoriesHistorical Data
14 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.93M | $5.94M | $23.28M | $3.16M | -$5.13M | $14.06M | $16.5M | $1.04M | $3.99M | $5.31M | $6.17M | $6.81M | $6.43M | -$2.03M |
| QoQ Change | — | +0.1% | +292.1% | -86.4% | -262.3% | +374.3% | +17.4% | -93.7% | +283.2% | +33.1% | +16.2% | +10.2% | -5.5% | -131.5% |
| YoY Change | — | — | — | — | -186.3% | -39.6% | +422.8% | +120.3% | -71.6% | -67.8% | +492.4% | +70.4% | +21.0% | -132.8% |
Range-$5.13M – $23.28M
CAGR-28.2%
Avg YoY Growth+62.9%
Median YoY Growth-9.3%
Current Streak2 quarters decline
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Guardant Health's change in inventories?
- Guardant Health (GH) reported change in inventories of -$2.03M in Q1 2026.
- How has Guardant Health's change in inventories changed year-over-year?
- Guardant Health's change in inventories decreased by 132.8% year-over-year, from $6.17M to -$2.03M.
- What does change in inventories mean?
- The net change in the value of goods held in stock during the period.