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Operating Expenses

Total Operating Expenses

Guardant Health Total Operating Expenses increased by 5.2% to $423.02M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 34.5%, from $314.51M to $423.02M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 16.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 7, 2026

How to read this metric

A lower ratio of operating expenses to revenue indicates better operational efficiency and a path toward profitability.

Detailed definition

Total operating expenses represent the sum of all costs incurred to run the business, excluding the cost of revenue. Thi...

Peer comparison

Crucial for growth-stage companies; investors compare this against revenue growth to assess the 'path to profitability'.

Metric ID: total_operating_expenses

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
Value$189.74M$202.07M$206.32M$219.44M$239.47M$262M$273.01M$262.77M$256.77M$256.57M$352.57M$268.17M$277.85M$308.8M$327.78M$314.51M$338.5M$364.19M$402.07M$423.02M
QoQ Change+6.5%+2.1%+6.4%+9.1%+9.4%+4.2%-3.8%-2.3%-0.1%+37.4%-23.9%+3.6%+11.1%+6.1%-4.0%+7.6%+7.6%+10.4%+5.2%
YoY Change+26.2%+29.7%+32.3%+19.7%+7.2%-2.1%+29.1%+2.1%+8.2%+20.4%-7.0%+17.3%+21.8%+17.9%+22.7%+34.5%
Range$189.74M$423.02M
CAGR+18.4%
Avg YoY Growth+17.5%
Median YoY Growth+20.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is Guardant Health's total operating expenses?
Guardant Health (GH) reported total operating expenses of $423.02M in Q1 2026.
How has Guardant Health's total operating expenses changed year-over-year?
Guardant Health's total operating expenses increased by 34.5% year-over-year, from $314.51M to $423.02M.
What is the long-term trend for Guardant Health's total operating expenses?
Over 4 years (2021 to 2025), Guardant Health's total operating expenses has grown at a 16.0% compound annual growth rate (CAGR), from $784.65M to $1.42B.
What does total operating expenses mean?
The total cost of operating the business, including R&D, sales, and administrative costs.