Guardant Health (GH) Inventory (2017 - 2026)
Guardant Health's Inventory was $105.46 million in Q2 2026, up 25.5% from $84.06 million a year earlier and up 25.8% from the prior quarter.
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Analysis
Guardant Health (GH) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Guardant Health came in at $85.88 million, up 20.8% from FY2024.
- Inventory has now increased for eight consecutive years, with a five-year compound annual growth rate of 30.5% (FY2020 to FY2025).
- In earlier years, Inventory was $71.08 million in FY2024 (+14.7%), $61.95 million in FY2023 (+20.1%), $51.6 million in FY2022 (+68.2%) and $30.67 million in FY2021 (+35.0%).
- The Q2 2026 figure marks the highest quarterly Inventory in data going back to Q4 2017.
- Compared with a year earlier, Inventory has increased for seven straight quarters, with growth averaging 17.1% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q3 2022 (growth of 154.8%); the worst was Q3 2021 (a decline of 10.8%).
- Per Business Quant data, GH's Inventory in the three quarters before Q2 2026 was $83.85 million (Q1 2026), $85.88 million (Q4 2025) and $90.49 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 104.14 Bn | 100.15 Bn | - | 1.66 Bn |
| 2 | Natera | 56.65 Bn | 52.34 Bn | 485.19 Mn | 80.35 Mn |
| 3 | Quest Diagnostics | 25.93 Bn | 24.06 Bn | 1.03 Bn | 233.00 Mn |
| 4 | Labcorp Holdings | 25.91 Bn | 23.65 Bn | 1.11 Bn | 562.20 Mn |
| 5 | Tenet Healthcare | 22.85 Bn | 11.85 Bn | - | 338.00 Mn |
| 6 | Guardant Health | 21.52 Bn | 17.59 Bn | 219.03 Mn | 105.46 Mn |
| 7 | BrightSpring Health Services | 13.02 Bn | 11.36 Bn | 492.75 Mn | 575.01 Mn |
| 8 | Fresenius Medical Care AG | 12.52 Bn | 4.47 Bn | 1.52 Bn | 2.66 Bn |
| 9 | Encompass Health | 12.50 Bn | 12.16 Bn | - | - |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | 53.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.46 Mn |
| Mar 31, 2026 | 83.85 Mn |
| Dec 31, 2025 | 85.88 Mn |
| Sep 30, 2025 | 90.49 Mn |
| Jun 30, 2025 | 84.06 Mn |
| Mar 31, 2025 | 77.26 Mn |
| Dec 31, 2024 | 71.08 Mn |
| Sep 30, 2024 | 72.30 Mn |
| Jun 30, 2024 | 66.98 Mn |
| Mar 31, 2024 | 62.99 Mn |
| Dec 31, 2023 | 61.95 Mn |
| Sep 30, 2023 | 77.04 Mn |
| Jun 30, 2023 | 60.53 Mn |
| Mar 31, 2023 | 46.47 Mn |
| Dec 31, 2022 | 51.60 Mn |
| Sep 30, 2022 | 63.05 Mn |
| Jun 30, 2022 | 59.89 Mn |
| Mar 31, 2022 | 36.61 Mn |
| Dec 31, 2021 | 30.67 Mn |
| Sep 30, 2021 | 24.74 Mn |
API Access
Guardant Health Inventory 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=inventory&ticker=GH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=GH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();