Guardant Health (GH) EBITDA Margin (2017 - 2026)
Guardant Health's EBITDA Margin came in at -35.69% for Q2 2026, up 5.83 percentage points from -41.52% a year earlier and up 1.41 percentage points from the prior quarter.
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Analysis
Guardant Health (GH) EBITDA Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Guardant Health reported EBITDA Margin of -36.50%, up 14.11 percentage points year-over-year; for FY2025, it was -40.48%, up 13.81 percentage points from FY2024.
- EBITDA Margin has increased in each of the last three years, with a five-year change of +42.83 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was -54.29% in FY2024 (+38.24 pp), -92.53% in FY2023 (+20.56 pp), -113.10% in FY2022 (-9.06 pp) and -104.04% in FY2021 (-20.72 pp).
- The five-year range for quarterly EBITDA Margin is -120.85% (Q1 2022) to -33.78% (Q3 2025).
- Year-over-year, EBITDA Margin has increased for ten consecutive quarters, with an average year-over-year change of +18.71 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2024 (a gain of 63.14 percentage points), and the weakest in Q4 2022 (a drop of 21.93 percentage points).
- Business Quant data shows GH's EBITDA Margin at -37.10% (Q1 2026), -39.38% (Q4 2025) and -33.78% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.27 Bn | 99.28 Bn | - | 20.01% |
| 2 | Natera | 57.26 Bn | 52.94 Bn | 485.19 Mn | -7.25% |
| 3 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 16.90% |
| 4 | Quest Diagnostics | 25.93 Bn | 24.06 Bn | 1.03 Bn | 19.88% |
| 5 | Tenet Healthcare | 22.63 Bn | 11.63 Bn | - | 30.60% |
| 6 | Guardant Health | 21.64 Bn | 17.70 Bn | 219.03 Mn | -35.69% |
| 7 | BrightSpring Health Services | 13.00 Bn | 11.33 Bn | 492.75 Mn | 4.51% |
| 8 | Tempus AI | 12.45 Bn | 9.48 Bn | 246.50 Mn | - |
| 9 | Fresenius Medical Care AG | 12.44 Bn | 4.40 Bn | 1.52 Bn | 16.93% |
| 10 | Encompass Health | 12.44 Bn | 12.10 Bn | - | 24.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -35.69% |
| Mar 31, 2026 | -37.10% |
| Dec 31, 2025 | -39.38% |
| Sep 30, 2025 | -33.78% |
| Jun 30, 2025 | -41.52% |
| Mar 31, 2025 | -49.54% |
| Dec 31, 2024 | -56.92% |
| Sep 30, 2024 | -55.40% |
| Jun 30, 2024 | -50.41% |
| Mar 31, 2024 | -52.42% |
| Dec 31, 2023 | -119.96% |
| Sep 30, 2023 | -71.22% |
| Jun 30, 2023 | -79.00% |
| Mar 31, 2023 | -95.61% |
| Dec 31, 2022 | -106.63% |
| Sep 30, 2022 | -114.26% |
| Jun 30, 2022 | -110.77% |
| Mar 31, 2022 | -120.18% |
| Dec 31, 2021 | -84.62% |
| Sep 30, 2021 | -106.67% |
API Access
Guardant Health EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=GH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "GH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=GH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();