tradmap

GH Financials Guardant Health, Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 32.0% per year over the past 5 years.

Financial health

  • Total debt ($1.5B) exceeds cash ($378M); net debt is $1.1B.
  • Total debt has grown in line with revenue (31.6% vs 32.0% per year).
  • Operating income covered interest expense -112.2× in the latest year.
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.6 years of cash runway.
Revenue & net income
-$655M $164M $982M $0 2016 2017 2018 2019 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-100% -18% 64% 0% 2016 2017 2018 2019 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$387M -$193M $0 2016 2017 2018 2019 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $752M $2B 2016 2017 2018 2019 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$627M $107M $840M $0 2016 2017 2018 2019 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $982M -$416M 64.5% -44.5% -$233M $1.5B $378M
2024 $739M -$436M 60.8% -60.0% -$275M $1.1B $526M
2023 $564M -$479M 59.7% -100.1% -$345M $1.1B
2022 -$655M -$387M $142M
2021 -$385M -$284M $492M
2019 -$76M -$66M $143M
2018 -$85M -$92M $141M
2017 -$83M -$79M $72M
2016 -$46M -$38M

Valuation over time

How the market has priced GH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 9.7 19.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is GH growing its revenue and profit?

Over the past 5 years, Guardant Health, Inc.'s revenue has grown 32.0% per year. These are computed facts, not advice.

How much debt does GH have?

As of FY2025, Guardant Health, Inc. reported $1.5B of total debt against $378M of cash; operating income covered interest expense -112.2×.

What is GH's profit margin?

In FY2025, gross margin was 64.5%, operating margin -44.5%, and net margin -42.4%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.