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| Date | Value |
|---|---|
| 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 |