Current Assets
Inventories
Guardant Health Inventories decreased by 2.4% to $83.85M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $77.26M to $83.85M. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 30.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 7, 2026
How to read this metric
Increasing inventory may signal expected growth in demand or potential overstocking, while a decrease could indicate supply chain constraints or efficient lean management.
Detailed definition
This includes the value of raw materials, work-in-progress, and finished diagnostic test kits held by the company. It re...
Peer comparison
Standard for product-based companies; peers in the diagnostic space monitor this closely to ensure test kit availability for clinical labs.
Metric ID:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.49M | $24.74M | $30.67M | $36.61M | $59.89M | $63.05M | $51.6M | $46.47M | $60.53M | $77.04M | $61.95M | $62.99M | $66.98M | $72.3M | $71.08M | $77.26M | $84.06M | $90.49M | $85.88M | $83.85M |
| QoQ Change | — | -6.6% | +24.0% | +19.4% | +63.6% | +5.3% | -18.2% | -9.9% | +30.2% | +27.3% | -19.6% | +1.7% | +6.3% | +7.9% | -1.7% | +8.7% | +8.8% | +7.6% | -5.1% | -2.4% |
| YoY Change | — | — | — | — | +126.1% | +154.8% | +68.2% | +26.9% | +1.1% | +22.2% | +20.1% | +35.5% | +10.7% | -6.2% | +14.7% | +22.6% | +25.5% | +25.2% | +20.8% | +8.5% |
Range$24.74M – $90.49M
CAGR+27.4%
Avg YoY Growth+36.1%
Median YoY Growth+22.4%
Current Streak2 quarters decline
Inventories at Other Companies
Frequently Asked Questions
- What is Guardant Health's inventories?
- Guardant Health (GH) reported inventories of $83.85M in Q1 2026.
- How has Guardant Health's inventories changed year-over-year?
- Guardant Health's inventories increased by 8.5% year-over-year, from $77.26M to $83.85M.
- What is the long-term trend for Guardant Health's inventories?
- Over 5 years (2020 to 2025), Guardant Health's inventories has grown at a 30.5% compound annual growth rate (CAGR), from $22.72M to $85.88M.
- What does inventories mean?
- The total value of all goods and materials currently held by the company for sale or production.