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Guardant Health GH Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Deferred revenue47,77250,753
Total current liabilities292,145302,730
Convertible senior notes, net1,503,4711,504,000
Long-term operating lease liabilities173,055178,463
Other long-term liabilities127,693127,773
Total Liabilities2,096,3642,112,966
Commitments and contingencies (Note 9)
Stockholders’ deficit:

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Guardant Health's operating lease liabilities?
Guardant Health (GH) reported operating lease liabilities of $173.06M in Q1 2026.
How has Guardant Health's operating lease liabilities changed year-over-year?
Guardant Health's operating lease liabilities increased by 7.9% year-over-year, from $160.38M to $173.06M.
What is the long-term trend for Guardant Health's operating lease liabilities?
Over 5 years (2020 to 2025), Guardant Health's operating lease liabilities has grown at a 33.8% compound annual growth rate (CAGR), from $41.57M to $178.46M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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