Guardian Pharmacy Services (GRDN) Operating Expenses (2023 - 2026)

Guardian Pharmacy Services (GRDN) posted Operating Expenses of $58.6 million for Q1 2026, up 7.11% sequentially from $54.7 million in Q4 2025, and up 14.2% YoY from $51.3 million in Q1 2025.

Guardian Pharmacy Services (GRDN) Operating Expenses (2023 - 2026) Analysis & Trends

Guardian Pharmacy Services (GRDN) has 4 years of Operating Expenses data on file, last reported at $58.6 million in Q1 2026.

  • Quarterly Operating Expenses rose 14.2% year-over-year to $58.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $227.3 million (down 27.02% YoY) and the FY2025 annual result came in at $220.0 million, down 28.4% from the prior year.
  • Operating Expenses improved to $58.6 million in Q1 2026 per GRDN's latest filing, from $54.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $165.5 million in Q3 2024, with the low at $39.1 million in Q4 2023.
  • Average Operating Expenses over 4 years is $62.1 million, with a median of $54.7 million recorded in 2025.
  • Year-over-year, Operating Expenses soared 182.78% in 2024 and plunged 64.73% in 2025.
  • Guardian Pharmacy Services' Operating Expenses stood at $39.1 million in 2023, then grew by 28.92% to $50.3 million in 2024, then grew by 8.72% to $54.7 million in 2025, then increased by 7.11% to $58.6 million in 2026.
  • Business Quant data shows GRDN's Operating Expenses at $58.6 million in Q1 2026, $54.7 million in Q4 2025, and $58.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn 16.82 Bn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 572.94 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 27.00 Mn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 2.93 Bn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 1.29 Bn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 1.26 Bn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 3.99 Bn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 1.30 Bn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -25.79 Mn
10 Guardian Pharmacy Services 2.66 Mn -50.70 Mn 76.31 Mn 58.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.63 Mn
Dec 31, 2025 54.74 Mn
Sep 30, 2025 58.37 Mn
Jun 30, 2025 55.57 Mn
Mar 31, 2025 51.34 Mn
Dec 31, 2024 50.35 Mn
Sep 30, 2024 165.49 Mn
Jun 30, 2024 44.28 Mn
Mar 31, 2024 47.17 Mn
Dec 31, 2023 39.05 Mn
Sep 30, 2023 58.52 Mn