Guardant Health, Inc.
Guardant Health, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 989 | 378 | 580 | 629 | 699 | 526 | 688 | 1,035 | 1,129 | 1,134 | 457 | 271 | |||||
Available For Sale Securities Debt Securities Curr… | 113 | 823 | 0 | 0 | 0 | 314 | 311 | 0 | 0 | 35 | 697 | 954 | |||||
Accounts Receivable Net Current | 137 | 138 | 116 | 130 | 115 | 110 | 88 | 101 | 85 | 89 | 89 | 86 | |||||
Inventory Net | 84 | 86 | 90 | 84 | 77 | 71 | 72 | 67 | 63 | 62 | 77 | 61 | |||||
Prepaid Expense And Other Assets Current | 43 | 41 | 43 | 40 | 36 | 34 | 67 | 87 | 32 | 28 | 26 | 26 | |||||
Assets Current | 1,368 | 1,466 | 829 | 883 | 927 | 1,055 | 1,227 | 1,290 | 1,309 | 1,347 | 1,347 | 1,398 | |||||
Restricted Cash Noncurrent | 112 | 111 | 110 | 106 | 105 | 104 | 103 | 102 | 100 | 0 | - | - | |||||
Property Plant And Equipment Net | 150 | 146 | 125 | 126 | 129 | 137 | 125 | 132 | 138 | 145 | 148 | 156 | |||||
Operating Lease Right Of Use Asset | 154 | 159 | 164 | 170 | 141 | 142 | 145 | 146 | 152 | 158 | 162 | 165 | |||||
Intangible Assets Net Excluding Goodwill | 26 | 26 | 5 | 6 | 6 | 7 | 7 | 8 | 8 | 9 | 10 | 10 | |||||
Goodwill | 77 | 77 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Other Assets Noncurrent | 29 | 28 | 41 | 37 | 33 | 37 | 31 | 30 | 94 | 124 | 128 | 108 | |||||
Assets | 1,915 | 2,014 | 1,277 | 1,332 | 1,344 | 1,486 | 1,539 | 1,609 | 1,705 | 1,786 | 1,797 | 1,840 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | - | - | - | - | - | - | - | - | - | 188 | 205 | 189 | |||||
Accounts Payable Current | 75 | 54 | 20 | 45 | 50 | 39 | 15 | 42 | 38 | 52 | - | - | |||||
Accrued Employee Benefits Current | 91 | 120 | 98 | 68 | 64 | 83 | 81 | 59 | 93 | 73 | - | - | |||||
Other Accrued Liabilities Current | - | 78 | - | - | - | 68 | - | - | - | 63 | - | - | |||||
Accrued Liabilities Current | 78 | 78 | 72 | 71 | 76 | 68 | 72 | 71 | 67 | - | - | - | |||||
Contract With Customer Liability Current | 48 | 51 | 47 | 54 | 36 | 35 | 30 | 29 | 23 | 18 | 21 | 12 | |||||
Liabilities Current | 292 | 303 | 237 | 238 | 226 | 226 | 197 | 202 | 220 | 206 | 227 | 201 | |||||
Convertible Debt Noncurrent | 1,503 | 1,504 | 1,115 | 1,116 | 1,116 | 1,143 | 1,142 | 1,141 | 1,141 | 1,140 | 1,139 | 1,139 | |||||
Operating Lease Liability Noncurrent | 173 | 178 | 185 | 192 | 160 | 164 | 170 | 172 | 179 | 186 | 193 | 198 | |||||
Other Liabilities Noncurrent | 128 | 128 | 94 | 91 | 93 | 93 | 89 | 96 | 97 | 96 | 10 | 9 | |||||
Liabilities | 2,096 | 2,113 | 1,631 | 1,637 | 1,595 | 1,625 | 1,599 | 1,611 | 1,636 | 1,628 | 1,569 | 1,547 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Value | - | - | -45 | -45 | 45 | - | - | - | - | - | - | - | |||||
Additional Paid In Capital | 2,931 | 2,900 | 2,561 | 2,517 | 2,472 | 2,444 | 2,410 | 2,364 | 2,330 | 2,304 | 2,189 | 2,170 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -5 | -5 | -4 | -4 | -5 | -5 | -3 | -6 | -5 | -4 | -6 | -8 | |||||
Retained Earnings Accumulated Deficit | -3,107 | -2,995 | -2,866 | -2,773 | -2,673 | -2,578 | -2,467 | -2,359 | -2,257 | -2,142 | -1,955 | -1,869 | |||||
Stockholders Equity | -181 | -99 | -354 | -305 | -251 | -140 | -60 | -2 | 68 | 159 | 228 | 293 | |||||
Liabilities And Stockholders Equity | 1,915 | 2,014 | 1,277 | 1,332 | 1,344 | 1,486 | 1,539 | 1,609 | 1,705 | 1,786 | 1,797 | 1,840 | |||||
Debt Instrument Face Amount | - | - | 1,091 | 1,091 | 1,091 | - | - | - | - | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | |||||
Common Stock Shares Issued | 132 | 131 | 126 | 125 | 125 | 124 | 123 | 123 | 122 | 122 | 118 | 118 | |||||
Shares Outstanding | 132 | 131 | 125 | 124 | 124 | 124 | 123 | 123 | 122 | 122 | 118 | 118 | |||||
Treasury Stock Common Shares | - | - | 1 | 1 | 1 | - | - | - | - | - | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 40.57% | 61.74% | 59.69% | - | - | - | - | - | - | - | - | - |
| 2025 | -19.54% | 4.04% | -1.63% | 35.87% | 30.89% | 44.86% | 45.87% | 38.01% | 55.17% | -19.64% | -26.11% | -10.04% |
| 2024 | 39.40% | 48.56% | 69.75% | -24.68% | -32.63% | -39.61% | 40.81% | 20.36% | 86.67% | -9.51% | -7.78% | -11.98% |
| 2023 | 35.01% | 49.23% | 61.82% | 7.74% | -27.04% | -27.88% | -5.08% | -2.49% | -16.73% | -20.34% | -18.01% | 0.45% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 4.68 | 4.84 | 3.50 | 3.71 | 4.11 | 4.68 | 6.22 | 6.40 | 5.95 | 6.54 | 5.94 | 6.96 | |||||
| Quick Ratio | 4.25 | 4.42 | 2.94 | 3.18 | 3.61 | 4.21 | 5.51 | 5.63 | 5.52 | 6.11 | 5.48 | 6.53 | |||||
| Working Capital | 1.08B | 1.16B | 591.97M | 645.00M | 701.27M | 829.53M | 1.03B | 1.09B | 1.09B | 1.14B | 1.12B | 1.20B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -11.58 | -21.28 | -4.60 | -5.36 | -6.36 | -11.64 | -26.60 | -998.73 | 23.96 | 10.26 | 6.87 | 5.29 | |||||
| Interest Coverage TTM | -100.51 | -112.20 | -131.59 | -150.33 | -166.83 | -171.87 | -199.59 | -198.28 | -205.64 | -219.06 | -199.20 | -211.25 | |||||
| Debt Ratio | 1.09 | 1.05 | 1.28 | 1.23 | 1.19 | 1.09 | 1.04 | 1.00 | 0.96 | 0.91 | 0.87 | 0.84 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.66 | 0.56 | 0.64 | 0.56 | 0.51 | 0.45 | 0.42 | 0.37 | 0.38 | 0.33 | 0.31 | 0.28 | |||||
| Days Sales Outstanding TTM | 42.72 | 46.11 | 41.26 | 50.81 | 47.16 | 49.15 | 46.73 | 53.00 | 51.92 | 60.20 | 59.61 | 65.02 | |||||
| Receivables Turnover TTM | 8.54 | 7.92 | 8.85 | 7.18 | 7.74 | 7.43 | 7.81 | 6.89 | 7.03 | 6.06 | 6.12 | 5.61 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -3.30 | -3.32 | -3.20 | -3.33 | -3.36 | -3.56 | -4.16 | -4.01 | -3.79 | -4.28 | -3.67 | -4.67 | |||||
| Free Cash Flow Per Share TTM | -1.81 | -1.86 | -2.10 | -2.19 | -2.46 | -2.24 | -2.23 | -2.44 | -2.47 | -3.08 | -3.09 | -3.52 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 64.90% | 64.46% | 63.76% | 62.84% | 61.34% | 60.79% | 69.44% | 78.81% | 89.50% | 100.46% | 100.48% | 100.51% | |||||
| Operating Profit Margin TTM | -41.43% | -44.53% | -49.02% | -55.59% | -58.78% | -60.02% | -74.41% | -79.43% | -87.85% | -100.14% | -95.81% | -106.71% | |||||
| Net Profit Margin TTM | -40.10% | -42.39% | -44.18% | -49.93% | -53.82% | -59.05% | -74.02% | -76.23% | -76.34% | -85.02% | -80.69% | -99.62% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 39.56% | 32.88% | 30.38% | 28.74% | 28.20% | 31.04% | 29.20% | 26.20% | 25.21% | 25.45% | 24.38% | 25.00% | |||||
| Net Income Growth (1Y) | 4.00% | -4.61% | -22.17% | -15.68% | -9.62% | -8.98% | 18.52% | -3.44% | -30.68% | -26.76% | -28.61% | -7.78% | |||||
| EPS Growth (1Y) | -1.87% | -6.61% | -23.27% | -16.81% | -11.20% | -16.96% | 13.40% | -14.19% | -41.53% | -33.17% | -37.97% | -13.51% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -27.99 | -30.76 | -19.55 | -15.61 | -12.67 | -8.59 | -5.51 | -7.21 | -5.45 | -6.32 | -8.07 | -7.66 | |||||
| P/B TTM | -66.97 | -128.95 | -22.00 | -21.14 | -21.04 | -26.85 | -46.97 | -2,192.36 | 36.77 | 19.09 | 15.29 | 13.31 | |||||
| P/S TTM | 11.23 | 13.04 | 8.64 | 7.79 | 6.82 | 5.07 | 4.08 | 5.49 | 4.16 | 5.37 | 6.51 | 7.64 | |||||
| Market Cap | 12.13B | 12.81B | 7.80B | 6.46B | 5.28B | 3.75B | 2.82B | 3.54B | 2.51B | 3.03B | 3.49B | 3.90B | |||||
| Enterprise Value | 12.53B | 13.93B | 8.22B | 6.84B | 5.59B | 4.26B | 3.28B | 3.64B | 2.62B | 3.99B | 4.17B | 4.76B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -237.12M | -233.07M | -262.23M | -271.73M | -304.87M | -274.94M | -274.36M | -299.27M | -300.71M | -345.46M | -363.41M | -383.13M | |||||
| Net Debt | 402.03M | 1.13B | 425.08M | 380.05M | 312.49M | 512.79M | 453.53M | 106.02M | 111.58M | 958.51M | 681.98M | 867.50M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Guardant Health, Inc. (GH) — SEC Financial Statements & Analysis
Guardant Health, Inc. (GH) is a services-medical laboratories company, incorporated in DE. Guardant Health, Inc. trades on GH: Nasdaq as: GH. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Guardant Health, Inc. reported a 39.56% year-over-year revenue growth, a Gross Profit Margin of 64.90% (TTM), a Debt-to-Equity ratio of -11.58x, a Price-to-Sales (P/S) ratio of 11.23x (TTM), a Price-to-Book (P/B) ratio of -66.97 (TTM), at a market cap of $12.13B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 39.56%
- Gross Profit Margin TTM
- 64.90%
- Debt To Equity
- -11.58x
- P/S TTM
- 11.23x
- P/B TTM
- -66.97
- Market Cap
- $12.13B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Guardant Health, Inc. in?
Guardant Health, Inc. (GH) operates in the Services-Medical Laboratories industry.
What is GH's market cap?
Guardant Health, Inc. (GH) has a market capitalization of $12.13B as of 2026-03-31.
What exchange does GH trade on?
Guardant Health, Inc. (GH) trades on the GH: Nasdaq.
Where is Guardant Health, Inc. incorporated?
Guardant Health, Inc. is incorporated in DE.