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Non-Current Assets

Operating Lease ROU Assets

Guardant Health Operating Lease ROU Assets remained flat by 0.0% to 4.5% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.4%, from 3.8% to 4.5%. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows a downward trend with a -98.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 7, 2026

How to read this metric

An increase typically reflects the expansion of office or laboratory space through new lease agreements.

Detailed definition

This represents the right to use a leased asset over the lease term, recognized on the balance sheet under accounting st...

Peer comparison

Standard for all companies under ASC 842; peers with large physical footprints will show higher values.

Metric ID: operating_lease_rou_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value4.1%4.1%18,944,300,000%4%4%4%17,400,100,000%3.9%3.9%3.9%15,761,600,000%3.8%3.8%3.8%14,226,500,000%3.8%4.5%4.5%4.5%4.5%
QoQ Change-1.2%>999%-100.0%-1.0%-0.8%>999%-100.0%-1.0%+0.0%>999%-100.0%-1.3%+1.3%>999%-100.0%+18.9%-0.4%+0.0%+0.0%
YoY Change-3.9%-3.4%-8.2%-2.2%-2.3%-1.5%-9.4%-2.8%-3.1%-1.8%-9.7%-0.5%+19.9%+17.8%-100.0%+18.4%
Range3.8%18,944,300,000%
CAGR+1.8%
Avg YoY Growth-5.8%
Median YoY Growth-2.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Guardant Health's operating lease rou assets?
Guardant Health (GH) reported operating lease rou assets of 4.5% in Q1 2026.
How has Guardant Health's operating lease rou assets changed year-over-year?
Guardant Health's operating lease rou assets increased by 18.4% year-over-year, from 3.8% to 4.5%.
What is the long-term trend for Guardant Health's operating lease rou assets?
Over 5 years (2020 to 2025), Guardant Health's operating lease rou assets has grown at a -98.4% compound annual growth rate (CAGR), from 3734300000.0% to 4.5%.
What does operating lease rou assets mean?
The value of the right to use leased property or equipment over the life of the lease.