Financial Snapshot

Revenue
$692.3M
TTM
Gross Margin
60.29%
TTM
Net Earnings
-$512.4M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
621.61%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$60.10M
Q3 2024
Cash
Q3 2024
P/E
-9.189
Nov 29, 2024 EST
Free Cash Flow
-$274.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $563.9M $449.5M $373.7M $286.7M $214.4M $90.64M $49.84M $25.25M
YoY Change 25.45% 20.31% 30.32% 33.75% 136.52% 81.85% 97.4%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $563.9M $449.5M $373.7M $286.7M $214.4M $90.64M $49.84M $25.25M
Cost Of Revenue $227.1M $155.6M $122.2M $92.50M $70.70M $43.20M $31.60M $22.10M
Gross Profit $336.9M $293.9M $251.4M $194.2M $143.7M $47.40M $18.20M $3.100M
Gross Profit Margin 59.74% 65.38% 67.29% 67.73% 67.03% 52.3% 36.52% 12.28%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Selling, General & Admin $451.0M $463.8M $398.5M $299.3M $139.7M $89.66M $69.27M $36.11M
YoY Change -2.75% 16.38% 33.16% 114.18% 55.85% 29.42% 91.83%
% of Gross Profit 133.88% 157.8% 158.49% 154.11% 97.24% 189.15% 380.63% 1164.94%
Research & Development $367.2M $373.8M $263.2M $149.9M $86.29M $50.71M $25.56M $10.86M
YoY Change -1.77% 42.01% 75.64% 73.67% 70.15% 98.4% 135.4%
% of Gross Profit 108.99% 127.18% 104.68% 77.17% 60.05% 106.99% 140.45% 350.29%
Depreciation & Amortization $42.88M $35.96M $22.27M $16.07M $11.41M $7.136M $5.206M $3.693M
YoY Change 19.24% 61.47% 38.63% 40.79% 59.91% 37.07% 40.97%
% of Gross Profit 12.73% 12.24% 8.86% 8.27% 7.94% 15.05% 28.6% 119.13%
Operating Expenses $818.2M $837.6M $661.7M $449.1M $226.0M $140.4M $94.84M $46.97M
YoY Change -2.31% 26.57% 47.33% 98.71% 61.02% 48.01% 101.9%
Operating Profit -$564.7M -$544.4M -$411.0M -$255.0M -$82.37M -$92.94M -$76.61M -$43.85M
YoY Change 3.74% 32.45% 61.21% 209.51% -11.37% 21.32% 74.73%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Interest Expense $2.578M $2.577M $2.577M $4.766M $1.181M $1.251M $2.702M $3.018M
YoY Change 0.04% 0.0% -45.93% 303.56% -5.6% -53.7% -10.47%
% of Operating Profit
Other Income/Expense, Net $53.17M -$12.78M $25.18M $3.641M $88.00K $4.702M -$1.059M -$1.000K
YoY Change -516.14% -150.75% 591.51% 4037.5% -98.13% -544.0% 105800.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Pretax Income -$478.8M -$653.4M -$384.5M -$245.9M -$69.72M -$84.23M -$83.21M -$46.13M
YoY Change -26.73% 69.96% 56.35% 252.69% -17.22% 1.21% 80.38%
Income Tax $685.0K $1.139M $300.0K $379.0K -$1.872M $38.00K $7.000K $6.000K
% Of Pretax Income
Net Earnings -$479.4M -$654.6M -$384.8M -$246.3M -$75.65M -$85.06M -$83.22M -$46.14M
YoY Change -26.76% 70.12% 56.23% 225.55% -11.06% 2.21% 80.37%
Net Earnings / Revenue -85.02% -145.61% -102.98% -85.89% -35.29% -93.85% -166.97% -182.74%
Basic Earnings Per Share -$4.28 -$6.41 -$4.00 -$2.60 -$0.84
Diluted Earnings Per Share -$4.28 -$6.41 -$4.00 -$2.60 -$0.84 -$991.8K -$995.2K -$551.4K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Cash & Short-Term Investments $1.169B $1.011B $932.7M $1.795B $522.8M $419.0M $221.3M $95.30M
YoY Change 15.57% 8.41% -48.03% 243.32% 24.77% 89.34% 132.21%
Cash & Equivalents $1.134B $141.6M $492.2M $833.0M $143.2M $140.5M $72.30M $33.60M
Short-Term Investments $35.10M $869.6M $440.5M $961.9M $379.6M $278.4M $149.0M $61.70M
Other Short-Term Assets $27.74M $31.51M $53.05M $17.50M $11.40M $5.200M $1.500M $1.600M
YoY Change -11.96% -40.61% 203.15% 53.51% 119.23% 246.67% -6.25%
Inventory $61.95M $51.60M $30.67M $22.70M $15.20M $9.100M $7.300M $2.800M
Prepaid Expenses
Receivables $88.78M $97.26M $97.65M $53.30M $48.00M $35.70M $12.80M $3.500M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $1.347B $1.192B $1.114B $1.888B $597.4M $469.0M $242.9M $103.1M
YoY Change 13.05% 6.95% -41.0% 216.1% 27.38% 93.08% 135.6%
Property, Plant & Equipment $302.7M $341.9M $313.9M $100.1M $72.80M $31.00M $16.00M $12.60M
YoY Change -11.47% 8.93% 213.59% 37.5% 134.84% 93.75% 26.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $698.0M $246.6M $268.8M $77.60M $73.30M $0.00
YoY Change -100.0% 183.06% -8.26% 246.39% 5.87%
Other Assets $124.3M $61.45M $60.94M $17.30M $11.80M $9.800M $10.70M $800.0K
YoY Change 102.32% 0.85% 252.24% 46.61% 20.41% -8.41% 1237.5%
Total Long-Term Assets $439.3M $418.4M $1.090B $383.4M $365.1M $118.4M $100.0M $13.50M
YoY Change 5.0% -61.63% 184.4% 5.01% 208.36% 18.4% 640.74%
Total Assets $1.786B $1.610B $2.204B $2.272B $962.5M $587.4M $342.9M $116.6M
YoY Change
Accounts Payable $51.74M $68.91M $17.58M $7.300M $16.20M $10.60M $5.000M $3.200M
YoY Change -24.92% 291.99% 140.82% -54.94% 52.83% 112.0% 56.25%
Accrued Expenses $136.2M $106.9M $83.56M $46.30M $41.20M $18.60M $10.40M $4.000M
YoY Change 27.41% 27.94% 80.47% 12.38% 121.51% 78.85% 160.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $200.0K $100.0K
YoY Change -50.0% 100.0%
Total Short-Term Liabilities $205.9M $193.2M $194.7M $66.80M $72.70M $46.90M $19.60M $14.30M
YoY Change 6.57% -0.75% 191.45% -8.12% 55.01% 139.29% 37.06%
Long-Term Debt $1.140B $1.137B $1.135B $806.3M $0.00 $100.0K $500.0K $16.90M
YoY Change 0.23% 0.23% 40.74% -100.0% -80.0% -97.04%
Other Long-Term Liabilities $281.9M $219.2M $230.0M $43.10M $41.80M $15.40M $14.20M $5.700M
YoY Change 28.59% -4.69% 433.61% 3.11% 171.43% 8.45% 149.12%
Total Long-Term Liabilities $1.422B $1.357B $1.365B $849.4M $41.80M $15.50M $14.70M $22.60M
YoY Change 4.81% -0.6% 60.68% 1932.06% 169.68% 5.44% -34.96%
Total Liabilities $1.628B $1.550B $1.559B $973.3M $164.1M $104.3M $34.30M $36.90M
YoY Change 5.03% -0.62% 60.23% 493.11% 57.33% 204.08% -7.05%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Basic Shares Outstanding 112.0M shares 102.2M shares 101.3M shares 97.50M shares 90.60M shares
Diluted Shares Outstanding 112.0M shares 102.2M shares 101.3M shares 97.50M shares 90.60M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.7087 Billion

About Guardant Health, Inc.

Guardant Health, Inc. is a precision oncology company engaged in the treatment of cancer through the use of proprietary blood-based tests, vast data sets, and advanced analytics. The company is headquartered in Palo Alto, California and currently employs 1,779 full-time employees. The company went IPO on 2018-10-04. The company provides critical insights into what drives disease through its advanced blood and tissue tests, real-world data, and artificial intelligence (AI) analytics. Guardant tests help improve outcomes across all stages of care, including screening to find cancer early, monitoring for recurrence in early-stage cancer, and helping doctors select the best treatment for patients with advanced cancer. For patients with advanced-stage cancer, it has developed Guardant360 laboratory developed test (LDT), and Guardant360 CDx, a comprehensive liquid biopsy test to provide tumor mutation profiling with solid tumors and to be used as a companion diagnostic in connection with non-small cell lung cancer (NSCLC), and breast cancer. The company offers other tests, including Guardant360 TissueNext tissue test, Guardant Reveal blood test, Guardant360 Response blood test and others.

Industry: Services-Medical Laboratories Peers: AMN HEALTHCARE SERVICES INC Option Care Health, Inc. CHEMED CORP CVS HEALTH Corp LHC Group, Inc MSP Recovery, Inc. Oak Street Health, Inc. Privia Health Group, Inc. Premier, Inc. Signify Health, Inc.