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Guardant Health profit margin GH

Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.

Net margin, 12 months
−38.3%
Operating margin, 12 months
−39.7%
Net margin on a year earlier
+11.6 pts
Peer median
13.4%

Over the twelve months to Jun 30, 2026, Guardant Health kept −38.3% of its revenue as net profit, with an operating margin of −39.7% and a gross margin of 65.0%.

The median for 10 diagnostics and research stocks of a similar size is 13.4%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−42.4%−44.5%64.5%
FY2024−59.0%−60.0%60.8%
FY2023−85.0%n/a59.7%
FY2022n/an/a65.2%
FY2021n/an/a67.1%
FY2020−85.9%−88.9%67.7%
FY2019−35.3%−38.4%67.0%
FY2018−93.8%n/a52.3%
FY2017n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−38.3%+11.6 pts−39.7%
Q1 FY26−40.1%+13.7 pts−41.4%
Q4 FY25−42.4%+16.7 pts−44.5%
Q3 FY25−44.2%+29.8 pts−49.0%
Q2 FY25−49.9%+26.3 pts−55.6%
Q1 FY25−53.8%+22.5 pts−58.8%
Q4 FY24−59.0%+26.0 pts−60.0%
Q3 FY24−74.0%+6.7 pts−74.4%
Q2 FY24−76.2%+23.4 pts−79.4%
Q1 FY24−76.3%n/a−87.8%
Q4 FY23−85.0%n/an/a
Q3 FY23−80.7%n/a−95.8%

Against its peers

Companies in Medical - Diagnostics & Research nearest Guardant Health's size, closest first, today.

CompanyProfit margin
GHGuardant Health−38.3%
LHLabcorp7.0%
DGXQuest Diagnostics9.2%
MEDPMedpace17.7%
RVTYRevvity8.2%
MTDMettler-Toledo International21.9%
ILMNIllumina18.4%
IDXXIDEXX Laboratories25.0%
WATWaters3.6%
IQVIQVIA8.1%
AAgilent Technologies19.5%
Peer median13.4%

Where Guardant Health ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Guardant Health

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.