Guardant Health GH
NASDAQ GH
$182.99 +8.09 (+4.63%)
As of: Sep 17, 2026 · 3:59 PM EDT

Guardant Health (GH) Operating Expenses (2017 - 2026)

Guardant Health's (GH) quarterly Operating Expenses came in at $464.1 million in Q2 2026, up 37.1% year-over-year from $338.5 million in Q2 2025, and up 9.71% quarter-over-quarter from $423.0 million in Q1 2026.

Analysis

Guardant Health (GH) Operating Expenses (2017 - 2026) Analysis & Trends

Guardant Health has disclosed Operating Expenses across 10 years of filings, most recently posting $464.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 37.1% year-over-year to $464.1 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 28.21% YoY), while the FY2025 annual figure was $1.4 billion, up 20.01% from the prior year.
  • Operating Expenses came in at $464.1 million for Q2 2026 at Guardant Health, up from $423.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $464.1 million in Q2 2026 to a low of $219.4 million in Q1 2022.
  • Average Operating Expenses over 5 years is $311.8 million, with a median of $293.3 million recorded in 2024.
  • Year-over-year, Operating Expenses fell 7.03% in 2024 and surged 37.1% in 2026.
  • Over 5 years, Operating Expenses stood at $273.0 million in 2022, then climbed by 29.14% to $352.6 million in 2023, then declined by 7.03% to $327.8 million in 2024, then advanced by 22.67% to $402.1 million in 2025, then increased by 15.43% to $464.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $464.1 million in Q2 2026, $423.0 million in Q1 2026, and $402.1 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 828.54 Mn
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 2.58 Bn
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 582.30 Mn
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 464.10 Mn
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 458.40 Mn
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 236.79 Mn
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 68.16 Mn
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 71.60 Mn
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 87.32 Mn
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 165.75 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 464.10 Mn
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