Guardian Pharmacy Services (GRDN) Gross Margin (2023 - 2026)
Guardian Pharmacy Services' Gross Margin came in at 22.75% for Q2 2026, up 2.96 percentage points from 19.79% a year earlier and up 0.08 percentage points from the prior quarter.
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Analysis
Guardian Pharmacy Services (GRDN) Gross Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Guardian Pharmacy Services reported Gross Margin of 21.63%, up 2.00 percentage points year-over-year; for FY2025, it came in at 20.21%, up 0.31 percentage points from FY2024.
- Going back by year, Gross Margin was 19.89% in FY2024 (-0.02 pp) and 19.91% in FY2023.
- The Q2 2026 figure represents the highest quarterly Gross Margin in data going back to Q3 2023.
- Year-over-year, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +0.88 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2026 (a gain of 3.13 percentage points), and the weakest in Q2 2025 (a drop of 0.64 percentage points).
- Business Quant data shows GRDN's Gross Margin at 22.67% (Q1 2026), 21.50% (Q4 2025) and 19.80% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 27.16% |
| 10 | Guardian Pharmacy Services | 5.15 Mn | -239.62 Mn | 80.04 Mn | 22.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.75% |
| Mar 31, 2026 | 22.67% |
| Dec 31, 2025 | 21.50% |
| Sep 30, 2025 | 19.80% |
| Jun 30, 2025 | 19.79% |
| Mar 31, 2025 | 19.54% |
| Dec 31, 2024 | 19.82% |
| Sep 30, 2024 | 19.36% |
| Jun 30, 2024 | 20.43% |
| Mar 31, 2024 | 20.01% |
| Dec 31, 2023 | 19.42% |
| Sep 30, 2023 | 19.86% |
API Access
Guardian Pharmacy Services Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GRDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();