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Side-by-side financial comparison of Guardant Health, Inc. (GH) and KADANT INC (KAI). Click either name above to swap in a different company.

Guardant Health, Inc. is the larger business by last-quarter revenue ($281.3M vs $271.6M, roughly 1.0× KADANT INC). KADANT INC runs the higher net margin — 10.2% vs -45.7%, a 55.9% gap on every dollar of revenue. On growth, Guardant Health, Inc. posted the faster year-over-year revenue change (39.4% vs -0.0%). KADANT INC produced more free cash flow last quarter ($44.1M vs $-54.2M). Over the past eight quarters, Guardant Health, Inc.'s revenue compounded faster (29.2% CAGR vs 6.7%).

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.

Kadant Inc. is a company that was established in 1991, as a partly privately owned subsidiary of Thermo Electron, and partly publicly traded company, and was fully spun out and renamed Kadant in 2001. The company supports papermaking, paper recycling, wood processing, material handling, and other processing industries. Kadant is a multi-national corporation with operations in Asia, Europe, North America, and South America.

GH vs KAI — Head-to-Head

Bigger by revenue
GH
GH
1.0× larger
GH
$281.3M
$271.6M
KAI
Growing faster (revenue YoY)
GH
GH
+39.4% gap
GH
39.4%
-0.0%
KAI
Higher net margin
KAI
KAI
55.9% more per $
KAI
10.2%
-45.7%
GH
More free cash flow
KAI
KAI
$98.3M more FCF
KAI
$44.1M
$-54.2M
GH
Faster 2-yr revenue CAGR
GH
GH
Annualised
GH
29.2%
6.7%
KAI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GH
GH
KAI
KAI
Revenue
$281.3M
$271.6M
Net Profit
$-128.5M
$27.7M
Gross Margin
64.6%
45.2%
Operating Margin
-43.0%
15.7%
Net Margin
-45.7%
10.2%
Revenue YoY
39.4%
-0.0%
Net Profit YoY
-15.8%
-12.2%
EPS (diluted)
$-1.01
$2.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GH
GH
KAI
KAI
Q4 25
$281.3M
Q3 25
$265.2M
$271.6M
Q2 25
$232.1M
$255.3M
Q1 25
$203.5M
$239.2M
Q4 24
$201.8M
$258.0M
Q3 24
$191.5M
$271.6M
Q2 24
$177.2M
$274.8M
Q1 24
$168.5M
$249.0M
Net Profit
GH
GH
KAI
KAI
Q4 25
$-128.5M
Q3 25
$-92.7M
$27.7M
Q2 25
$-99.9M
$26.2M
Q1 25
$-95.2M
$24.1M
Q4 24
$-111.0M
$24.0M
Q3 24
$-107.8M
$31.6M
Q2 24
$-102.6M
$31.3M
Q1 24
$-115.0M
$24.7M
Gross Margin
GH
GH
KAI
KAI
Q4 25
64.6%
Q3 25
64.7%
45.2%
Q2 25
65.0%
45.9%
Q1 25
63.3%
46.1%
Q4 24
61.6%
43.4%
Q3 24
61.1%
44.7%
Q2 24
59.1%
44.4%
Q1 24
61.2%
44.6%
Operating Margin
GH
GH
KAI
KAI
Q4 25
-43.0%
Q3 25
-37.3%
15.7%
Q2 25
-45.9%
15.4%
Q1 25
-54.6%
14.9%
Q4 24
-62.4%
14.3%
Q3 24
-61.3%
18.0%
Q2 24
-56.8%
17.6%
Q1 24
-59.2%
14.8%
Net Margin
GH
GH
KAI
KAI
Q4 25
-45.7%
Q3 25
-35.0%
10.2%
Q2 25
-43.0%
10.2%
Q1 25
-46.8%
10.1%
Q4 24
-55.0%
9.3%
Q3 24
-56.3%
11.6%
Q2 24
-57.9%
11.4%
Q1 24
-68.2%
9.9%
EPS (diluted)
GH
GH
KAI
KAI
Q4 25
$-1.01
Q3 25
$-0.74
$2.35
Q2 25
$-0.80
$2.22
Q1 25
$-0.77
$2.04
Q4 24
$-0.90
$2.04
Q3 24
$-0.88
$2.68
Q2 24
$-0.84
$2.66
Q1 24
$-0.94
$2.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GH
GH
KAI
KAI
Cash + ST InvestmentsLiquidity on hand
$378.2M
$124.5M
Total DebtLower is stronger
$1.5B
$254.6M
Stockholders' EquityBook value
$-99.3M
$949.8M
Total Assets
$2.0B
$1.5B
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GH
GH
KAI
KAI
Q4 25
$378.2M
Q3 25
$580.0M
$124.5M
Q2 25
$629.1M
$95.3M
Q1 25
$698.6M
$91.7M
Q4 24
$525.5M
$94.7M
Q3 24
$585.0M
$88.4M
Q2 24
$933.7M
$73.8M
Q1 24
$1.0B
$81.4M
Total Debt
GH
GH
KAI
KAI
Q4 25
$1.5B
Q3 25
$1.1B
$254.6M
Q2 25
$1.1B
$245.7M
Q1 25
$1.1B
$273.5M
Q4 24
$1.1B
$285.2M
Q3 24
$323.2M
Q2 24
$342.0M
Q1 24
$306.8M
Stockholders' Equity
GH
GH
KAI
KAI
Q4 25
$-99.3M
Q3 25
$-354.5M
$949.8M
Q2 25
$-305.5M
$926.0M
Q1 25
$-250.8M
$876.0M
Q4 24
$-139.6M
$847.1M
Q3 24
$-60.1M
$851.7M
Q2 24
$-1.6M
$807.7M
Q1 24
$68.3M
$782.7M
Total Assets
GH
GH
KAI
KAI
Q4 25
$2.0B
Q3 25
$1.3B
$1.5B
Q2 25
$1.3B
$1.5B
Q1 25
$1.3B
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.5B
$1.5B
Q2 24
$1.6B
$1.5B
Q1 24
$1.7B
$1.4B
Debt / Equity
GH
GH
KAI
KAI
Q4 25
Q3 25
0.27×
Q2 25
0.27×
Q1 25
0.31×
Q4 24
0.34×
Q3 24
0.38×
Q2 24
0.42×
Q1 24
0.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GH
GH
KAI
KAI
Operating Cash FlowLast quarter
$-26.4M
$47.3M
Free Cash FlowOCF − Capex
$-54.2M
$44.1M
FCF MarginFCF / Revenue
-19.3%
16.2%
Capex IntensityCapex / Revenue
9.9%
1.2%
Cash ConversionOCF / Net Profit
1.70×
TTM Free Cash FlowTrailing 4 quarters
$-233.1M
$145.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GH
GH
KAI
KAI
Q4 25
$-26.4M
Q3 25
$-35.4M
$47.3M
Q2 25
$-60.3M
$40.5M
Q1 25
$-62.7M
$22.8M
Q4 24
$-64.5M
$51.9M
Q3 24
$-51.1M
$52.5M
Q2 24
$-94.0M
$28.1M
Q1 24
$-30.3M
$22.8M
Free Cash Flow
GH
GH
KAI
KAI
Q4 25
$-54.2M
Q3 25
$-45.8M
$44.1M
Q2 25
$-65.9M
$36.5M
Q1 25
$-67.1M
$19.0M
Q4 24
$-83.4M
$46.3M
Q3 24
$-55.3M
$48.3M
Q2 24
$-99.1M
$23.1M
Q1 24
$-37.2M
$16.6M
FCF Margin
GH
GH
KAI
KAI
Q4 25
-19.3%
Q3 25
-17.3%
16.2%
Q2 25
-28.4%
14.3%
Q1 25
-33.0%
7.9%
Q4 24
-41.3%
17.9%
Q3 24
-28.9%
17.8%
Q2 24
-55.9%
8.4%
Q1 24
-22.1%
6.7%
Capex Intensity
GH
GH
KAI
KAI
Q4 25
9.9%
Q3 25
3.9%
1.2%
Q2 25
2.4%
1.6%
Q1 25
2.2%
1.6%
Q4 24
9.4%
2.2%
Q3 24
2.2%
1.5%
Q2 24
2.9%
1.8%
Q1 24
4.1%
2.5%
Cash Conversion
GH
GH
KAI
KAI
Q4 25
Q3 25
1.70×
Q2 25
1.55×
Q1 25
0.95×
Q4 24
2.16×
Q3 24
1.66×
Q2 24
0.90×
Q1 24
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GH
GH

Oncology$189.9M68%
Biopharma Data$54.0M19%
Screening$35.1M12%
Licensing Other$2.2M1%

KAI
KAI

Flow Control$94.8M35%
Capital$83.2M31%
Material Handling Systems$70.3M26%
Transferred Over Time$17.1M6%
Other$6.1M2%

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