What Are Guardant Health Inc.'s Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $982 million | $739 million | $564 million | $450 million |
| Operating income | -$437 million | -$444 million | -$565 million | -$544 million |
| Operating margin | -44.5% | -60.0% | -100.1% | -121.1% |
| Net income | -$416 million | -$436 million | -$479 million | -$655 million |
| Net margin | -42.4% | -59.1% | -85.0% | -145.6% |
| Operating cash flow | -$185 million | -$240 million | -$325 million | -$309 million |
| Capital expenditures | $48 million | $35 million | $20 million | $77 million |
| Free cash flow | -$233 million | -$275 million | -$345 million | -$387 million |
Operating margin widened by 15.5 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was -$233 million against net income of -$416 million; cash generation covered reported earnings.
What Does Guardant Health Inc.'s Balance Sheet Show?
| Cash and cash equivalents | $378 million |
|---|---|
| Long-term debt | $1.5 billion |
| Total assets | $2.0 billion |
| Total liabilities | $2.1 billion |
| Shareholders' equity | -$99 million |
| Current ratio | 4.8x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Guardant Health Inc. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001576280-26-000013 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Guardant Health Inc.'s revenue in fiscal 2025?
Guardant Health Inc. reported revenue of $982 million for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Guardant Health Inc.'s operating margin?
Guardant Health Inc.'s operating margin was -44.5% in fiscal 2025: operating income of -$437 million on revenue of $982 million.
How much free cash flow did Guardant Health Inc. generate?
Operating cash flow of -$185 million less capital expenditures of $48 million gives free cash flow of -$233 million for fiscal 2025.