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 has reported Operating Expenses for 4 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $165.5 million in Q3 2024 and troughed at $39.1 million in Q4 2023.
- A 4-year average of $62.1 million and a median of $54.7 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 182.78% in 2024, then slumped 64.73% in 2025.
- Over 4 years, Operating Expenses stood at $39.1 million in 2023, then climbed by 28.92% to $50.3 million in 2024, then climbed by 8.72% to $54.7 million in 2025, then grew by 7.11% to $58.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $58.6 million, $54.7 million, and $58.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 17.74 Bn |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 3.00 Mn |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 1.31 Bn |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 2.98 Bn |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 1.32 Bn |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 4.12 Bn |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 1.32 Bn |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 584.05 Mn |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 490.51 Mn |
| 10 | Guardian Pharmacy Services | 2.43 Mn | -75.34 Mn | 80.04 Mn | 59.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.40 Mn |
| 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 |