Guardant Health (GH) Gross Margin (2024 - 2026)
Guardant Health (GH) posted Gross Margin of 65.39% for Q2 2026, up 0.37 percentage points from 65.01% a year earlier and up 0.17 percentage points from the prior quarter.
Guardant Health (GH) Gross Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Guardant Health was 65.01%, up 2.17 percentage points year-over-year; for FY2025, it came in at 64.46%, up 3.67 percentage points from FY2024.
- In prior years, Guardant Health's Gross Margin was 60.79% in FY2024 (+1.05 pp) and 59.74% in FY2023.
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q1 2024.
- On a year-over-year basis, Gross Margin has increased in each of the last six quarters, with an average year-over-year change of +2.82 percentage points over the last six quarters.
- According to Business Quant data, Gross Margin for the three prior quarters was 65.22% (Q1 2026), 64.63% (Q4 2025) and 64.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 104.14 Bn | 100.15 Bn | - | - |
| 2 | Natera | 56.65 Bn | 52.34 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 25.93 Bn | 24.06 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 25.91 Bn | 23.65 Bn | 1.11 Bn | 29.80% |
| 5 | Tenet Healthcare | 22.85 Bn | 11.85 Bn | - | - |
| 6 | Guardant Health | 21.52 Bn | 17.59 Bn | 219.03 Mn | 65.39% |
| 7 | BrightSpring Health Services | 13.02 Bn | 11.36 Bn | 492.75 Mn | 12.72% |
| 8 | Fresenius Medical Care AG | 12.52 Bn | 4.47 Bn | 1.52 Bn | 26.95% |
| 9 | Encompass Health | 12.50 Bn | 12.16 Bn | - | - |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | 64.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.39% |
| Mar 31, 2026 | 65.22% |
| Dec 31, 2025 | 64.63% |
| Sep 30, 2025 | 64.71% |
| Jun 30, 2025 | 65.01% |
| Mar 31, 2025 | 63.28% |
| Dec 31, 2024 | 61.55% |
| Sep 30, 2024 | 61.10% |
| Jun 30, 2024 | 59.14% |
| Mar 31, 2024 | 61.25% |
Guardant Health Gross 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=gross-margin&ticker=GH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=GH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();