Guardian Pharmacy Services (GRDN) Gross Margin (2023 - 2026)
Guardian Pharmacy Services' (GRDN) quarterly Gross Margin came in at 22.75% in Q2 2026, up 296.0% year-over-year from 5.75% in Q2 2025, and little changed quarter-over-quarter from 22.67% in Q1 2026.
Analysis
Guardian Pharmacy Services (GRDN) Gross Margin (2023 - 2026) Analysis & Trends
Guardian Pharmacy Services has disclosed Gross Margin across 4 years of filings, most recently posting 22.75% for Q2 2026.
- In Q2 2026, Gross Margin rose 296.0% year-over-year to 22.75%; the TTM figure through Jun 2026 stood at 21.63% (up 200.0% YoY), while the FY2025 annual figure was 20.21%, up 31.0% from the prior year.
- Gross Margin came in at 22.75% for Q2 2026 at Guardian Pharmacy Services, roughly flat from 22.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 22.75% in Q2 2026 to a low of 19.36% in Q3 2024.
- Average Gross Margin over 4 years is 20.41%, with a median of 19.84% recorded in 2023.
- Year-over-year, Gross Margin slumped 64 bps in 2025 and surged 313 bps in 2026.
- Over 4 years, Gross Margin stood at 19.42% in 2023, then rose by 2 bps to 19.82% in 2024, then advanced by 8 bps to 21.5% in 2025, then gained by 6 bps to 22.75% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 22.75% in Q2 2026, 22.67% in Q1 2026, and 21.5% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 106.22 Bn | 101.06 Bn | 3.69 Bn | 3.50% |
| 2 | Cencora | 62.63 Bn | 59.81 Bn | 3.61 Bn | 4.26% |
| 3 | Cardinal Health | 56.55 Bn | 51.69 Bn | 2.56 Bn | 4.02% |
| 4 | Henry Schein | 9.98 Bn | 9.82 Bn | 1.10 Bn | 31.84% |
| 5 | ZeroStack | 42.33 Mn | 39.37 Mn | 1.62 Mn | 11.85% |
| 6 | 111 | 27.24 Mn | -27.13 Mn | 18.18 Mn | 5.31% |
| 7 | Guardian Pharmacy Services | 5.51 Mn | -84.30 Mn | 80.04 Mn | 22.75% |
| 8 | Ridgetech | 4.71 Mn | -13.30 Mn | - | - |
| 9 | MedWellAI | 2.27 Mn | 2.28 Mn | - | - |
| 10 | DataMeds AI | 1.78 Mn | 1.73 Mn | 170,221.00 | 10.91% |
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% |