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Guardant Health GH Business Segments — Revenue

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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$21.15B+280%
Enterprise value$21.75B+253%
P/S19.6×+12.9×

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:Revenues.

The source filing: Guardant Health’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:16 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001576280-26-000026
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue$301,665$203,471
Less:
Cost of revenue (1)101,56072,185
Research and development expense (1)76,58974,897
Sales and marketing expense (1)154,43094,127
General and administrative expense (1)37,03730,559
Other segment items (2)44,12426,862
Net loss$(112,075)$(95,159)

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Guardant Health's business segments — revenue?
Guardant Health (GH) reported business segments — revenue of $301.67M in Q1 2026.
How has Guardant Health's business segments — revenue changed year-over-year?
Guardant Health's business segments — revenue increased by 48.3% year-over-year, from $203.47M to $301.67M.
What is the long-term trend for Guardant Health's business segments — revenue?
Over 3 years (2022 to 2025), Guardant Health's business segments — revenue has grown at a 29.8% compound annual growth rate (CAGR), from $449.54M to $982.02M.
What does business segments — revenue mean?
This represents the total gross income generated by the company's primary business segment through the sale of diagnostic tests and related services. It serves as the primary indicator of market adoption and commercial scale for the company's core product offerings.

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