Guardant Health (GH) Net Margin (2017 - 2026)
Guardant Health's (GH) quarterly Net Margin came in at 37.15% in Q1 2026, up 962.0% year-on-year from 3.5% in Q1 2025, and up 18.68% quarter-over-quarter from 45.68% in Q4 2025.
Guardant Health (GH) Net Margin (2017 - 2026) Analysis & Trends
Guardant Health has disclosed Net Margin across 10 years of filings, most recently posting 37.15% for Q1 2026.
- Net Margin for Q1 2026 came in at 37.15%, up 962.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.1% (up 1372.0% YoY), and the FY2025 annual result was 42.39%, up 1666.0% from the prior year.
- Net Margin came in at 37.15% for Q1 2026 at Guardant Health, up from 45.68% 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.
- The 5-year median for Net Margin is 57.91% (2024), against an average of 80.55%.
- Across the five-year window, Net Margin plunged 10427 bps in 2022 and surged 15715 bps in 2023, its largest moves.
- Guardant Health's 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 gained by 19 bps to 37.15% in 2026.
- The last three Net Margin figures came in at 37.15% (Q1 2026), 45.68% (Q4 2025), and 34.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 18.47% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 3.40% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.22% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.89% |
| 10 | Guardant Health | 16.38 Bn | 15.28 Bn | 196.75 Mn | -37.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -105.94% |