Guardant Health (GH) Net Margin (2017 - 2026)
Guardant Health's (GH) quarterly Net Margin came in at 35.87% in Q2 2026, up 718.0% year-over-year from 4.38% in Q2 2025, and up 3.46% quarter-over-quarter from 37.15% in Q1 2026.
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Guardant Health (GH) Net Margin (2017 - 2026) Analysis & Trends
Guardant Health has disclosed Net Margin across 10 years of filings, most recently posting 35.87% for Q2 2026.
- In Q2 2026, Net Margin rose 718.0% year-over-year to 35.87%; the TTM figure through Jun 2026 stood at 38.33% (up 1160.0% YoY), while the FY2025 annual figure was 42.39%, up 1666.0% from the prior year.
- Net Margin came in at 35.87% for Q2 2026 at Guardant Health, up from 37.15% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 34.96% in Q3 2025 to a low of 210.21% in Q2 2022.
- Average Net Margin over 5 years is 78.07%, with a median of 57.09% recorded in 2024.
- Year-over-year, Net Margin tumbled 10427 bps in 2022 and soared 15715 bps in 2023.
- Over 5 years, Net Margin stood at 110.28% in 2022, then fell by 9 bps to 120.63% in 2023, then jumped by 54 bps to 55.0% in 2024, then gained by 17 bps to 45.68% in 2025, then climbed by 21 bps to 35.87% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 35.87% in Q2 2026, 37.15% in Q1 2026, and 45.68% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -8.89% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 10.65% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 8.02% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -35.87% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 2.22% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -0.24% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 16.69% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 7.36% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -22.65% |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | -0.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -35.87% |
| Mar 31, 2026 | -37.15% |
| Dec 31, 2025 | -45.68% |
| Sep 30, 2025 | -34.96% |
| Jun 30, 2025 | -43.04% |
| Mar 31, 2025 | -46.77% |
| Dec 31, 2024 | -55.00% |
| Sep 30, 2024 | -56.28% |
| Jun 30, 2024 | -57.91% |
| Mar 31, 2024 | -68.24% |
| Dec 31, 2023 | -120.63% |
| Sep 30, 2023 | -60.20% |
| Jun 30, 2023 | -53.06% |
| Mar 31, 2023 | -103.74% |
| Dec 31, 2022 | -110.28% |
| Sep 30, 2022 | -137.98% |
| Jun 30, 2022 | -210.21% |
| Mar 31, 2022 | -128.23% |
| Dec 31, 2021 | -84.09% |
| Sep 30, 2021 | -113.45% |