Guardant Health (GH) FCF Margin (2017 - 2026)

Guardant Health's (GH) quarterly FCF Margin came in at 23.6% in Q1 2026, up 940.0% year-on-year from 2.27% in Q1 2025, and down 22.44% quarter-over-quarter from 19.28% in Q4 2025.

Guardant Health (GH) FCF Margin (2017 - 2026) Analysis & Trends

Guardant Health has disclosed FCF Margin across 10 years of filings, most recently posting 23.6% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 23.6%, up 940.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.95% (up 1744.0% YoY), and the FY2025 annual result was 23.73%, up 1347.0% from the prior year.
  • FCF Margin came in at 23.6% for Q1 2026 at Guardant Health, down from 19.28% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 17.26% in Q3 2025 to a low of 109.64% in Q3 2022.
  • The 5-year median for FCF Margin is 43.6% (2023), against an average of 49.77%.
  • Across the five-year window, FCF Margin slumped 4659 bps in 2022 and jumped 5359 bps in 2023, its largest moves.
  • Guardant Health's FCF Margin stood at 79.4% in 2022, then surged by 45 bps to 43.6% in 2023, then increased by 5 bps to 41.32% in 2024, then surged by 53 bps to 19.28% in 2025, then dropped by 22 bps to 23.6% in 2026.
  • The last three FCF Margin figures came in at 23.6% (Q1 2026), 19.28% (Q4 2025), and 17.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 7.41%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 22.61%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 10.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 11.83%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 2.59%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 12.92%
10 Guardant Health 16.38 Bn 15.28 Bn 196.75 Mn -23.60%

Historic Data

Download Data
DateValue
Mar 31, 2026 -23.60%
Dec 31, 2025 -19.28%
Sep 30, 2025 -17.26%
Jun 30, 2025 -28.41%
Mar 31, 2025 -33.00%
Dec 31, 2024 -41.32%
Sep 30, 2024 -28.86%
Jun 30, 2024 -55.90%
Mar 31, 2024 -22.09%
Dec 31, 2023 -43.60%
Sep 30, 2023 -56.05%
Jun 30, 2023 -72.94%
Mar 31, 2023 -64.06%
Dec 31, 2022 -79.40%
Sep 30, 2022 -109.64%
Jun 30, 2022 -97.24%
Mar 31, 2022 -53.40%
Dec 31, 2021 -32.81%
Sep 30, 2021 -79.44%
Jun 30, 2021 -92.26%