Guardant Health (GH) Operating Expenses (2017 - 2026)
Guardant Health (GH) posted Operating Expenses of $423.0 million for Q1 2026, up 5.21% sequentially from $402.1 million in Q4 2025, and up 34.5% YoY from $314.5 million in Q1 2025.
Guardant Health (GH) Operating Expenses (2017 - 2026) Analysis & Trends
Guardant Health (GH) has 10 years of Operating Expenses data on file, last reported at $423.0 million in Q1 2026.
- Quarterly Operating Expenses rose 34.5% year-over-year to $423.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 24.32% YoY) and the FY2025 annual result came in at $1.4 billion, up 20.01% from the prior year.
- Operating Expenses rose to $423.0 million in Q1 2026 per GH's latest filing, from $402.1 million in the prior quarter.
- The five-year high for Operating Expenses was $423.0 million in Q1 2026, with the low at $219.4 million in Q1 2022.
- Average Operating Expenses over 5 years is $302.8 million, with a median of $277.9 million recorded in 2024.
- Year-over-year, Operating Expenses slipped 7.03% in 2024 and surged 34.5% in 2026.
- Guardant Health's Operating Expenses stood at $273.0 million in 2022, then rose by 29.14% to $352.6 million in 2023, then decreased by 7.03% to $327.8 million in 2024, then increased by 22.67% to $402.1 million in 2025, then increased by 5.21% to $423.0 million in 2026.
- Business Quant data shows GH's Operating Expenses at $423.0 million in Q1 2026, $402.1 million in Q4 2025, and $364.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 790.16 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 1.44 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 553.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Guardant Health | 22.42 Bn | 21.31 Bn | 196.75 Mn | 423.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 423.02 Mn |
| Dec 31, 2025 | 402.07 Mn |
| Sep 30, 2025 | 364.19 Mn |
| Jun 30, 2025 | 338.50 Mn |
| Mar 31, 2025 | 314.51 Mn |
| Dec 31, 2024 | 327.78 Mn |
| Sep 30, 2024 | 308.80 Mn |
| Jun 30, 2024 | 277.85 Mn |
| Mar 31, 2024 | 268.17 Mn |
| Dec 31, 2023 | 352.57 Mn |
| Sep 30, 2023 | 256.57 Mn |
| Jun 30, 2023 | 256.77 Mn |
| Mar 31, 2023 | 262.77 Mn |
| Dec 31, 2022 | 273.01 Mn |
| Sep 30, 2022 | 262.00 Mn |
| Jun 30, 2022 | 239.47 Mn |
| Mar 31, 2022 | 219.44 Mn |
| Dec 31, 2021 | 206.32 Mn |
| Sep 30, 2021 | 202.07 Mn |
| Jun 30, 2021 | 189.74 Mn |