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

Guardant Health (GH) posted Operating Expenses of $464.1 million for Q2 2026, up 9.71% sequentially from $423.0 million in Q1 2026, and up 37.1% YoY from $338.5 million in Q2 2025.

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

Guardant Health has reported Operating Expenses for 10 years, with the latest figure at $464.1 million in Q2 2026.

  • Quarterly Operating Expenses rose 37.1% year-over-year to $464.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 28.21% YoY) and the FY2025 annual result came in at $1.4 billion, up 20.01% from the prior year.
  • Operating Expenses climbed to $464.1 million in Q2 2026 per GH's latest filing, from $423.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $464.1 million in Q2 2026 and troughed at $219.4 million in Q1 2022.
  • A 5-year average of $311.8 million and a median of $293.3 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses retreated 7.03% in 2024, then soared 37.1% in 2026.
  • Over 5 years, Operating Expenses stood at $273.0 million in 2022, then increased by 29.14% to $352.6 million in 2023, then retreated by 7.03% to $327.8 million in 2024, then grew by 22.67% to $402.1 million in 2025, then gained by 15.43% to $464.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $464.1 million, $423.0 million, and $402.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 9.91 Bn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 2.48 Bn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 353.52 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 1.44 Bn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 637.00 Mn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 790.16 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 525.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 321.77 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 2.58 Bn
10 Guardant Health 21.59 Bn 20.53 Bn 219.03 Mn 464.10 Mn

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