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Net margin at other companies

Illumina logo
IlluminaILMN
19.4%+12.7pp
Natera, Inc. logo
Natera, Inc.NTRA
-14.6%+0.6pp
Quest Diagnostics logo
Quest DiagnosticsDGX
9.1%+0.2pp
Agilent Technologies logo
Agilent TechnologiesA
19.6%+2.0pp
Labcorp Holdings logo
Labcorp HoldingsLH
6.7%+1.1pp
Abbott logo
AbbottABT
13.9%-18.0pp

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$17.12B+130%
Enterprise value$17.72B+121%
P/S15.9×+6.3×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp

Returns & leverage

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

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on trailing twelve months.

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 net margin?
Guardant Health (GH) reported net margin of -40.1% in Q1 2026.
How has Guardant Health's net margin changed year-over-year?
Guardant Health's net margin increased by 25.5% year-over-year, from -53.8% to -40.1%.
What is the long-term trend for Guardant Health's net margin?
Over 4 years (2021 to 2025), Guardant Health's net margin has grown at a -19.0% compound annual growth rate (CAGR), from -443.1% to -190.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.