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Guardant Health, Inc.

Guardant Health, Inc.GHEarnings & Financial Report

Nasdaq · biotechnology

Guardant Health, Inc. is an American biotechnology company based in Palo Alto, California. Co-founders Helmy Eltoukhy and AmirAli Talasaz serve as co-chief executive officers.

NextMar 13, 2026

GH Q3 2025 Key Financial Metrics

Revenue

$265.2M

Gross Profit

$171.6M

Operating Profit

$-99.0M

Net Profit

$-92.7M

Gross Margin

64.7%

Operating Margin

-37.3%

Net Margin

-35.0%

YoY Growth

38.5%

EPS

$-0.74

Financial Flow

Guardant Health, Inc. Q3 2025 Financial Summary

Guardant Health, Inc. reported revenue of $265.2M for Q3 2025, with a net profit of $-92.7M (-35.0% margin). Cost of goods sold was $93.6M, operating expenses totaled $270.6M.

Key Financial Metrics

Total Revenue$265.2M
Net Profit$-92.7M
Gross Margin64.7%
Operating Margin-37.3%
Report PeriodQ3 2025

Guardant Health, Inc. Annual Revenue by Year

Guardant Health, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $739.0M).

YearAnnual Revenue
2024$739.0M
2023$563.9M
2022$449.5M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$155.1M$168.5M$177.2M$191.5M$201.8M$203.5M$232.1M$265.2M
YoY Growth22.2%30.9%29.2%33.9%30.2%20.8%30.9%38.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$1.79B$1.70B$1.61B$1.54B$1.49B$1.34B$1.33B$1.28B
Liabilities$1.63B$1.64B$1.61B$1.60B$1.63B$1.60B$1.64B$1.63B
Equity$158.7M$68.3M$-1.6M$-60.1M$-139.6M$-250.8M$-305.5M$-354.5M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-78.7M$-30.3M$-94.0M$-51.1M$-64.5M$-62.7M$-60.3M$-35.4M