YouTube · Q2 2026 · 2026-08-02
GH · NasdaqGS
Guardant Health, Inc.
Diagnostics & Research · United States
- Market cap (USD)
- US$24.07B
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- 44.3%
- Trailing net margin
- -38.3%
- Indicated dividend yield
- —
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-28 (provider estimate, not issuer-confirmed).
Company background
Guardant Health, Inc., a precision oncology company, provides blood and tissue tests, and data sets in the United States and internationally. The company offers Guardant360 CDx test, a liquid biopsy test for tumor mutation profiling; Guardant360 Liquid test, which measures 740+ genes and supports all guideline-recommended biomarkers; Guardant Reveal test, a blood test that utilizes circulating tumor DNA to detect cancer at the molecular level; and Guardant360 Tissue test, a molecular profiling test for tumor tissue that provides genomic, transcriptomic, and epigenomic insights. It also provides Shield blood test for colorectal cancer screening in adults. In addition, the company offers GuardantINFINITY test that provides insights into the complexities of tumor molecular profiles and immune response to advance cancer research and therapy development; GuardantOMNI test covers 500 genes, including genes associated with homologous recombination repair deficiency and biomarkers for immuno-oncology applications; GuardantINFORM, which provides longitudinal biological insight into tumor evolution alongside longitudinal clinical outcomes; and GuardantConnect, an integrated software-based solution designed for clinical and biopharmaceutical customers to connect patients tested with assays with actionable alterations with potentially relevant clinical studies. Further, it provides Smart Platform, which delivers multiomic insights leveraging genomic, epigenomic, and RNA-based data that are scalable from research to the clinic. Additionally, the company offers development services, including companion diagnostic development and regulatory approval, clinical study setup, monitoring and maintenance, testing development and support, technologies licensing, and kit fulfillment and delivery of Shield screening tests. It has a strategic collaboration with Nuvalent, Inc. for oncology drug development. The company was incorporated in 2011 and is headquartered in Palo Alto, California.
Company websiteQ2 2026
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Comparable businesses
GH peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | GHGuardant Health, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | MTDMettler-Toledo International Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | MEDPMedpace Holdings, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$24.07B | US$27.90B | US$17.09B | US$22.49Bn=2 |
| Forward P/EProvider forward earnings estimate | — | 26.93x | 31.71x | 29.32xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 23.50x | 27.38x | 25.44xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 44.3% | 4.5% | 17.2% | 10.8%n=2 |
| Operating marginLatest reported quarter | -38.2% | 31.2% | 20.8% | 26.0%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 0.1% | 2.5% | 3.0% | 2.7%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | — | 1.64x | -0.59x | 0.52xn=2 |
| Debt / equityTotal debt / positive book equity | — | 166.68x | 0.33x | 83.51xn=2 |
| Trailing P/ETrailing twelve-month earnings | — | 31.34x | 35.98x | 33.66xn=2 |
| Price / bookPrice / positive book equity per share | — | 2,175.50x | 39.39x | 1,107.45xn=2 |
| EV / salesEnterprise value / trailing revenue | 20.89x | 7.25x | 6.01x | 6.63xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | — | 18.3% | 37.1% | 27.7%n=2 |
| Gross marginTrailing twelve months | 65.0% | 60.3% | 72.4% | 66.3%n=2 |
| Net marginTrailing twelve months | -38.3% | 21.9% | 17.7% | 19.8%n=2 |
| Return on equityProvider trailing return; positive equity only | — | — | 162.2% | — |
| Free cash flow marginTrailing free cash flow / revenue | 2.2% | 16.8% | 18.3% | 17.6%n=2 |
| Dividend yieldIndicated annual dividend / price | — | — | — | — |
| Earnings payoutProvider trailing dividend payout | 0.0% | 0.0% | 0.0% | 0.0%n=2 |
| Current ratioCurrent assets / current liabilities | 4.03x | 1.12x | 0.73x | 0.93xn=2 |
| BetaProvider historical market sensitivity | 1.58 | 1.22 | 1.15 | 1.18n=2 |
YouTube · Q2 2026 · 2026-08-02
YouTube · Q2 2026 · 2026-07-23
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
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Financial data & calculation notes
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Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for GH
Q2 20262026-08-01
Guardant Health (GH): Revenue +44%, Shield Volume 4x — Why We Still Say AVOID at $162
Presentation · 2026-08-01 · YouTube