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

BOSTON BEER CO INC is the larger business by last-quarter revenue ($385.7M vs $281.3M, roughly 1.4× Guardant Health, Inc.). BOSTON BEER CO INC runs the higher net margin — -5.8% vs -45.7%, a 39.8% gap on every dollar of revenue. On growth, Guardant Health, Inc. posted the faster year-over-year revenue change (39.4% vs -4.1%). BOSTON BEER CO INC produced more free cash flow last quarter ($22.1M vs $-54.2M). Over the past eight quarters, Guardant Health, Inc.'s revenue compounded faster (29.2% CAGR vs -4.9%).

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.

The Boston Beer Company is an American brewery founded in 1984 by James "Jim" Koch and Rhonda Kallman. Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding, Boston Beer has started several other brands, and in 2019 completed a merger with Dogfish Head Brewery.

GH vs SAM — Head-to-Head

Bigger by revenue
SAM
SAM
1.4× larger
SAM
$385.7M
$281.3M
GH
Growing faster (revenue YoY)
GH
GH
+43.5% gap
GH
39.4%
-4.1%
SAM
Higher net margin
SAM
SAM
39.8% more per $
SAM
-5.8%
-45.7%
GH
More free cash flow
SAM
SAM
$76.3M more FCF
SAM
$22.1M
$-54.2M
GH
Faster 2-yr revenue CAGR
GH
GH
Annualised
GH
29.2%
-4.9%
SAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GH
GH
SAM
SAM
Revenue
$281.3M
$385.7M
Net Profit
$-128.5M
$-22.5M
Gross Margin
64.6%
43.5%
Operating Margin
-43.0%
-8.6%
Net Margin
-45.7%
-5.8%
Revenue YoY
39.4%
-4.1%
Net Profit YoY
-15.8%
41.9%
EPS (diluted)
$-1.01
$-1.97

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
SAM
SAM
Q4 25
$281.3M
$385.7M
Q3 25
$265.2M
$537.5M
Q2 25
$232.1M
$587.9M
Q1 25
$203.5M
$453.9M
Q4 24
$201.8M
$402.3M
Q3 24
$191.5M
$605.5M
Q2 24
$177.2M
$579.1M
Q1 24
$168.5M
$426.1M
Net Profit
GH
GH
SAM
SAM
Q4 25
$-128.5M
$-22.5M
Q3 25
$-92.7M
$46.2M
Q2 25
$-99.9M
$60.4M
Q1 25
$-95.2M
$24.4M
Q4 24
$-111.0M
$-38.8M
Q3 24
$-107.8M
$33.5M
Q2 24
$-102.6M
$52.3M
Q1 24
$-115.0M
$12.6M
Gross Margin
GH
GH
SAM
SAM
Q4 25
64.6%
43.5%
Q3 25
64.7%
50.8%
Q2 25
65.0%
49.8%
Q1 25
63.3%
48.3%
Q4 24
61.6%
39.9%
Q3 24
61.1%
46.3%
Q2 24
59.1%
46.0%
Q1 24
61.2%
43.7%
Operating Margin
GH
GH
SAM
SAM
Q4 25
-43.0%
-8.6%
Q3 25
-37.3%
11.5%
Q2 25
-45.9%
14.0%
Q1 25
-54.6%
7.4%
Q4 24
-62.4%
-13.9%
Q3 24
-61.3%
7.6%
Q2 24
-56.8%
12.2%
Q1 24
-59.2%
3.6%
Net Margin
GH
GH
SAM
SAM
Q4 25
-45.7%
-5.8%
Q3 25
-35.0%
8.6%
Q2 25
-43.0%
10.3%
Q1 25
-46.8%
5.4%
Q4 24
-55.0%
-9.6%
Q3 24
-56.3%
5.5%
Q2 24
-57.9%
9.0%
Q1 24
-68.2%
3.0%
EPS (diluted)
GH
GH
SAM
SAM
Q4 25
$-1.01
$-1.97
Q3 25
$-0.74
$4.25
Q2 25
$-0.80
$5.45
Q1 25
$-0.77
$2.16
Q4 24
$-0.90
$-3.23
Q3 24
$-0.88
$2.86
Q2 24
$-0.84
$4.39
Q1 24
$-0.94
$1.04

Balance Sheet & Financial Strength

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

Metric
GH
GH
SAM
SAM
Cash + ST InvestmentsLiquidity on hand
$378.2M
$223.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$-99.3M
$846.3M
Total Assets
$2.0B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GH
GH
SAM
SAM
Q4 25
$378.2M
$223.4M
Q3 25
$580.0M
$250.5M
Q2 25
$629.1M
$212.4M
Q1 25
$698.6M
$152.5M
Q4 24
$525.5M
$211.8M
Q3 24
$585.0M
$255.6M
Q2 24
$933.7M
$219.3M
Q1 24
$1.0B
$205.4M
Total Debt
GH
GH
SAM
SAM
Q4 25
$1.5B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GH
GH
SAM
SAM
Q4 25
$-99.3M
$846.3M
Q3 25
$-354.5M
$911.0M
Q2 25
$-305.5M
$912.3M
Q1 25
$-250.8M
$897.0M
Q4 24
$-139.6M
$916.2M
Q3 24
$-60.1M
$1.0B
Q2 24
$-1.6M
$1.0B
Q1 24
$68.3M
$1.0B
Total Assets
GH
GH
SAM
SAM
Q4 25
$2.0B
$1.2B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.3B
Q1 25
$1.3B
$1.2B
Q4 24
$1.5B
$1.3B
Q3 24
$1.5B
$1.4B
Q2 24
$1.6B
$1.4B
Q1 24
$1.7B
$1.4B

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
SAM
SAM
Operating Cash FlowLast quarter
$-26.4M
$39.9M
Free Cash FlowOCF − Capex
$-54.2M
$22.1M
FCF MarginFCF / Revenue
-19.3%
5.7%
Capex IntensityCapex / Revenue
9.9%
4.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-233.1M
$215.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GH
GH
SAM
SAM
Q4 25
$-26.4M
$39.9M
Q3 25
$-35.4M
$101.8M
Q2 25
$-60.3M
$126.5M
Q1 25
$-62.7M
$1.9M
Q4 24
$-64.5M
$41.9M
Q3 24
$-51.1M
$115.9M
Q2 24
$-94.0M
$96.0M
Q1 24
$-30.3M
$-4.9M
Free Cash Flow
GH
GH
SAM
SAM
Q4 25
$-54.2M
$22.1M
Q3 25
$-45.8M
$89.2M
Q2 25
$-65.9M
$112.2M
Q1 25
$-67.1M
$-8.0M
Q4 24
$-83.4M
$18.4M
Q3 24
$-55.3M
$99.2M
Q2 24
$-99.1M
$75.6M
Q1 24
$-37.2M
$-20.6M
FCF Margin
GH
GH
SAM
SAM
Q4 25
-19.3%
5.7%
Q3 25
-17.3%
16.6%
Q2 25
-28.4%
19.1%
Q1 25
-33.0%
-1.8%
Q4 24
-41.3%
4.6%
Q3 24
-28.9%
16.4%
Q2 24
-55.9%
13.1%
Q1 24
-22.1%
-4.8%
Capex Intensity
GH
GH
SAM
SAM
Q4 25
9.9%
4.6%
Q3 25
3.9%
2.3%
Q2 25
2.4%
2.4%
Q1 25
2.2%
2.2%
Q4 24
9.4%
5.8%
Q3 24
2.2%
2.8%
Q2 24
2.9%
3.5%
Q1 24
4.1%
3.7%
Cash Conversion
GH
GH
SAM
SAM
Q4 25
Q3 25
2.21×
Q2 25
2.09×
Q1 25
0.08×
Q4 24
Q3 24
3.46×
Q2 24
1.83×
Q1 24
-0.39×

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%

SAM
SAM

Segment breakdown not available.

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