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

Guardant Health (GH) Research & Development (2017 - 2026)

Guardant Health's (GH) quarterly Research & Development came in at $190.0 million in Q2 2026, up 58.84% year-over-year from $119.6 million in Q2 2025, and up 12.31% quarter-over-quarter from $169.1 million in Q1 2026.

Analysis

Guardant Health (GH) Research & Development (2017 - 2026) Analysis & Trends

Guardant Health has disclosed Research & Development across 10 years of filings, most recently posting $190.0 million for Q2 2026.

  • In Q2 2026, Research & Development rose 58.84% year-over-year to $190.0 million; the TTM figure through Jun 2026 stood at $629.8 million (up 47.66% YoY), while the FY2025 annual figure was $494.7 million, up 35.55% from the prior year.
  • Research & Development came in at $190.0 million for Q2 2026 at Guardant Health, up from $169.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $190.0 million in Q2 2026 to a low of $81.8 million in Q1 2022.
  • Average Research & Development over 5 years is $109.1 million, with a median of $98.9 million recorded in 2022.
  • Year-over-year, Research & Development fell 15.69% in 2023 and soared 62.13% in 2026.
  • Over 5 years, Research & Development stood at $106.6 million in 2022, then decreased by 15.69% to $89.9 million in 2023, then grew by 16.59% to $104.8 million in 2024, then surged by 36.86% to $143.4 million in 2025, then soared by 32.48% to $190.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $190.0 million in Q2 2026, $169.1 million in Q1 2026, and $143.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 228.07 Mn
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn -
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn -
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 189.95 Mn
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 52.64 Mn
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 53.76 Mn
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn -
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 17.32 Mn
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 26.41 Mn
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 19.84 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 189.95 Mn
Mar 31, 2026 169.13 Mn
Dec 31, 2025 143.38 Mn
Sep 30, 2025 127.38 Mn
Jun 30, 2025 119.59 Mn
Mar 31, 2025 104.32 Mn
Dec 31, 2024 104.76 Mn
Sep 30, 2024 97.88 Mn
Jun 30, 2024 83.10 Mn
Mar 31, 2024 83.80 Mn
Dec 31, 2023 89.86 Mn
Sep 30, 2023 93.85 Mn
Jun 30, 2023 90.36 Mn
Mar 31, 2023 93.13 Mn
Dec 31, 2022 106.58 Mn
Sep 30, 2022 100.02 Mn
Jun 30, 2022 85.46 Mn
Mar 31, 2022 81.76 Mn
Dec 31, 2021 73.02 Mn
Sep 30, 2021 70.97 Mn