Guardian Pharmacy Services (GRDN) Operating Expenses (2023 - 2026)
Guardian Pharmacy Services' Operating Expenses was $59.4 million in Q2 2026, up 6.9% from $55.57 million a year earlier and up 1.3% from the prior quarter.
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Analysis
Guardian Pharmacy Services (GRDN) Operating Expenses (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Guardian Pharmacy Services' Operating Expenses was $231.14 million through Jun 30, 2026, down 28.4% year-over-year; for FY2025, it was $220.02 million, down 28.4% from FY2024.
- In earlier years, Operating Expenses was $307.29 million in FY2024 (+83.6%) and $167.36 million in FY2023.
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q3 2024.
- Compared with a year earlier, Operating Expenses has increased for three straight quarters, with growth averaging 26.4% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q3 2024 (growth of 182.8%); the worst was Q3 2025 (a decline of 64.7%).
- Per Business Quant data, GRDN's Operating Expenses in the three quarters before Q2 2026 was $58.63 million (Q1 2026), $54.74 million (Q4 2025) and $58.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 2.37 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 48.54 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 68.99 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 2.28 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 1.67 Bn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 39.51 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 52.38 Bn |
| 10 | Guardian Pharmacy Services | 5.15 Mn | -239.62 Mn | 80.04 Mn | 59.40 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Guardian Pharmacy Services Operating Expenses 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=operating-expenses&ticker=GRDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=GRDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();