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Guardant Health GH Oncology — Total Revenue

Other product segments

Biopharma and data
$52.98M+16.8%
Screening
$41.59M+633%
Licensing and other
$2.14M+15.3%

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Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$21B+234%
Enterprise value$21.61B+213%
P/S19.4×+11.8×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp
FCF margin-22%-6.7pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Reported directly by Guardant Health in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Guardant Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guardant Health's oncology — total revenue?
Guardant Health (GH) reported oncology — total revenue of $204.95M in Q1 2026.
How has Guardant Health's oncology — total revenue changed year-over-year?
Guardant Health's oncology — total revenue increased by 36.1% year-over-year, from $150.56M to $204.95M.
What is the long-term trend for Guardant Health's oncology — total revenue?
Over 2 years (2023 to 2025), Guardant Health's oncology — total revenue has grown at a 30.1% compound annual growth rate (CAGR), from $403.88M to $683.6M.
What does oncology — total revenue mean?
This metric represents the total gross income generated from the sale of liquid biopsy tests, companion diagnostics, and molecular residual disease testing services within the oncology business unit. It reflects the company's ability to monetize its genomic testing portfolio across clinical and research settings. This revenue stream is a primary indicator of market adoption for precision oncology diagnostic solutions.