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| Date | Value |
|---|---|
| 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 |