Guardant Health (GH) Research & Development (2017 - 2026)
Guardant Health (GH) posted Research & Development of $91.0 million for Q1 2026, down 7.35% sequentially from $98.3 million in Q4 2025, and up 2.84% YoY from $88.5 million in Q1 2025.
Guardant Health (GH) Research & Development (2017 - 2026) Analysis & Trends
Guardant Health (GH) has 10 years of Research & Development data on file, last reported at $91.0 million in Q1 2026.
- Quarterly Research & Development rose 2.84% year-over-year to $91.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $366.7 million (up 4.04% YoY) and the FY2025 annual result came in at $364.2 million, up 4.73% from the prior year.
- Research & Development retreated to $91.0 million in Q1 2026 per GH's latest filing, from $98.3 million in the prior quarter.
- The five-year high for Research & Development was $106.6 million in Q4 2022, with the low at $81.8 million in Q1 2022.
- Average Research & Development over 5 years is $90.8 million, with a median of $90.0 million recorded in 2025.
- Year-over-year, Research & Development surged 47.29% in 2022 and slipped 15.69% in 2023.
- Guardant Health's Research & Development stood at $106.6 million in 2022, then declined by 15.69% to $89.9 million in 2023, then gained by 4.1% to $93.5 million in 2024, then climbed by 5.05% to $98.3 million in 2025, then slipped by 7.35% to $91.0 million in 2026.
- Business Quant data shows GH's Research & Development at $91.0 million in Q1 2026, $98.3 million in Q4 2025, and $90.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 210.70 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 126.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | - |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Guardant Health | 22.42 Bn | 21.31 Bn | 196.75 Mn | 91.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 91.04 Mn |
| Dec 31, 2025 | 98.26 Mn |
| Sep 30, 2025 | 89.96 Mn |
| Jun 30, 2025 | 87.45 Mn |
| Mar 31, 2025 | 88.52 Mn |
| Dec 31, 2024 | 93.54 Mn |
| Sep 30, 2024 | 87.31 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 |
| Jun 30, 2021 | 63.72 Mn |