Guardant Health (GH) Net Margin (2017 - 2026)
Guardant Health (GH) posted Net Margin of 35.87% for Q2 2026, up 3.46% sequentially from 37.15% in Q1 2026, and up 718.0% YoY from 4.38% in Q2 2025.
Guardant Health (GH) Net Margin (2017 - 2026) Analysis & Trends
Guardant Health has reported Net Margin for 10 years, with the latest figure at 35.87% in Q2 2026.
- Quarterly Net Margin rose 718.0% year-over-year to 35.87% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 38.33% (up 1160.0% YoY) and the FY2025 annual result came in at 42.39%, up 1666.0% from the prior year.
- Net Margin grew to 35.87% in Q2 2026 per GH's latest filing, from 37.15% in the prior quarter.
- Over five years, Net Margin peaked at 34.96% in Q3 2025 and troughed at 210.21% in Q2 2022.
- A 5-year average of 78.07% and a median of 57.09% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 10427 bps in 2022, then jumped 15715 bps in 2023.
- Over 5 years, Net Margin stood at 110.28% in 2022, then decreased by 9 bps to 120.63% in 2023, then soared by 54 bps to 55.0% in 2024, then climbed by 17 bps to 45.68% in 2025, then increased by 21 bps to 35.87% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 35.87%, 37.15%, and 45.68% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 13.89% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 27.82% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 18.47% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 5.52% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -12.22% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 17.86% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 22.67% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 10.65% |
| 10 | Guardant Health | 21.59 Bn | 20.53 Bn | 219.03 Mn | -35.87% |
Historic Data
Download 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% |