Guardant Health Inc
NASDAQ:GH
Income Statement
Earnings Waterfall
Guardant Health Inc
Income Statement
Guardant Health Inc
| Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||
| Interest Expense |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
5
|
5
|
6
|
7
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
|
| Revenue |
58
N/A
|
91
+57%
|
111
+22%
|
145
+31%
|
184
+27%
|
214
+16%
|
245
+14%
|
258
+5%
|
271
+5%
|
287
+6%
|
298
+4%
|
324
+9%
|
344
+6%
|
374
+9%
|
391
+5%
|
408
+4%
|
431
+6%
|
450
+4%
|
482
+7%
|
510
+6%
|
536
+5%
|
564
+5%
|
604
+7%
|
644
+7%
|
692
+8%
|
739
+7%
|
774
+5%
|
829
+7%
|
903
+9%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||
| Cost of Revenue |
(29)
|
(43)
|
(48)
|
(54)
|
(63)
|
(71)
|
(78)
|
(83)
|
(86)
|
(93)
|
(101)
|
(108)
|
(118)
|
(122)
|
(126)
|
(133)
|
(143)
|
(156)
|
(177)
|
(195)
|
(212)
|
(227)
|
(239)
|
(257)
|
(274)
|
(290)
|
(299)
|
(308)
|
(327)
|
|
| Gross Profit |
28
N/A
|
47
+67%
|
63
+33%
|
91
+44%
|
121
+34%
|
144
+18%
|
168
+17%
|
174
+4%
|
185
+6%
|
194
+5%
|
197
+1%
|
215
+9%
|
226
+5%
|
251
+11%
|
265
+5%
|
275
+4%
|
288
+5%
|
294
+2%
|
305
+4%
|
316
+4%
|
324
+3%
|
337
+4%
|
364
+8%
|
386
+6%
|
418
+8%
|
449
+8%
|
475
+6%
|
521
+10%
|
575
+10%
|
|
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Expenses |
(94)
|
(140)
|
(161)
|
(181)
|
(205)
|
(226)
|
(261)
|
(307)
|
(375)
|
(449)
|
(525)
|
(586)
|
(630)
|
(663)
|
(666)
|
(709)
|
(785)
|
(838)
|
(860)
|
(860)
|
(867)
|
(902)
|
(926)
|
(905)
|
(940)
|
(893)
|
(930)
|
(982)
|
(1 009)
|
|
| Selling, General & Administrative |
(60)
|
(90)
|
(102)
|
(115)
|
(128)
|
(140)
|
(154)
|
(183)
|
(240)
|
(299)
|
(357)
|
(391)
|
(400)
|
(399)
|
(402)
|
(423)
|
(444)
|
(464)
|
(475)
|
(470)
|
(454)
|
(451)
|
(453)
|
(463)
|
(505)
|
(545)
|
(577)
|
(625)
|
(658)
|
|
| Research & Development |
(34)
|
(51)
|
(59)
|
(67)
|
(77)
|
(86)
|
(107)
|
(124)
|
(135)
|
(150)
|
(168)
|
(196)
|
(231)
|
(263)
|
(290)
|
(311)
|
(340)
|
(374)
|
(385)
|
(390)
|
(384)
|
(367)
|
(358)
|
(351)
|
(344)
|
(348)
|
(352)
|
(357)
|
(359)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
25
|
25
|
0
|
(1)
|
0
|
0
|
(29)
|
(83)
|
(114)
|
(91)
|
(91)
|
0
|
0
|
0
|
9
|
|
| Operating Income |
(66)
N/A
|
(93)
-42%
|
(98)
-5%
|
(91)
+8%
|
(84)
+7%
|
(82)
+2%
|
(94)
-14%
|
(133)
-42%
|
(190)
-43%
|
(255)
-34%
|
(328)
-29%
|
(371)
-13%
|
(404)
-9%
|
(411)
-2%
|
(401)
+2%
|
(434)
-8%
|
(496)
-14%
|
(544)
-10%
|
(555)
-2%
|
(544)
+2%
|
(542)
+0%
|
(565)
-4%
|
(561)
+1%
|
(519)
+8%
|
(523)
-1%
|
(444)
+15%
|
(455)
-3%
|
(461)
-1%
|
(434)
+6%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
4
|
6
|
8
|
11
|
13
|
(222)
|
(221)
|
(224)
|
5
|
2
|
(0)
|
(2)
|
1
|
0
|
1
|
(11)
|
(4)
|
2
|
71
|
111
|
112
|
(9)
|
(50)
|
(64)
|
7
|
(12)
|
(34)
|
(41)
|
|
| Non-Reccuring Items |
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
0
|
0
|
20
|
(5)
|
(11)
|
(34)
|
0
|
(36)
|
0
|
0
|
0
|
0
|
9
|
9
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
(0)
|
(0)
|
0
|
235
|
237
|
238
|
4
|
4
|
2
|
1
|
0
|
1
|
(99)
|
(98)
|
(100)
|
(100)
|
1
|
1
|
10
|
110
|
78
|
74
|
2
|
42
|
73
|
77
|
|
| Pre-Tax Income |
(59)
N/A
|
(84)
-43%
|
(92)
-9%
|
(83)
+10%
|
(72)
+12%
|
(70)
+4%
|
(80)
-15%
|
(117)
-46%
|
(176)
-50%
|
(246)
-40%
|
(321)
-31%
|
(369)
-15%
|
(405)
-10%
|
(385)
+5%
|
(401)
-4%
|
(532)
-33%
|
(587)
-10%
|
(653)
-11%
|
(664)
-2%
|
(507)
+24%
|
(431)
+15%
|
(479)
-11%
|
(460)
+4%
|
(490)
-6%
|
(512)
-5%
|
(435)
+15%
|
(415)
+5%
|
(413)
+1%
|
(398)
+4%
|
|
| Net Income | ||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
1
|
1
|
2
|
2
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
(59)
|
(84)
|
(92)
|
(82)
|
(71)
|
(68)
|
(78)
|
(117)
|
(175)
|
(246)
|
(322)
|
(370)
|
(406)
|
(385)
|
(401)
|
(532)
|
(587)
|
(655)
|
(665)
|
(508)
|
(432)
|
(479)
|
(461)
|
(491)
|
(513)
|
(436)
|
(417)
|
(414)
|
(399)
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(6)
|
(6)
|
(5)
|
(8)
|
1
|
(4)
|
(10)
|
(8)
|
(14)
|
(9)
|
(3)
|
(21)
|
(19)
|
(19)
|
(19)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
(60)
N/A
|
(85)
-42%
|
(97)
-14%
|
(87)
+10%
|
(76)
+13%
|
(76)
0%
|
(77)
-2%
|
(120)
-56%
|
(185)
-54%
|
(254)
-37%
|
(336)
-32%
|
(379)
-13%
|
(409)
-8%
|
(406)
+1%
|
(419)
-3%
|
(551)
-31%
|
(606)
-10%
|
(655)
-8%
|
(665)
-2%
|
(508)
+24%
|
(432)
+15%
|
(479)
-11%
|
(461)
+4%
|
(491)
-7%
|
(513)
-4%
|
(436)
+15%
|
(417)
+4%
|
(414)
+1%
|
(399)
+4%
|
|
| EPS (Diluted) |
-0.72
N/A
|
-0.99
-38%
|
-1.14
-15%
|
-0.98
+14%
|
-0.81
+17%
|
-0.84
-4%
|
-0.83
+1%
|
-1.27
-53%
|
-1.85
-46%
|
-2.6
-41%
|
-3.32
-28%
|
-3.74
-13%
|
-4.02
-7%
|
-4
+0%
|
-4.12
-3%
|
-5.41
-31%
|
-5.93
-10%
|
-6.41
-8%
|
-6.49
-1%
|
-4.67
+28%
|
-3.67
+21%
|
-4.28
-17%
|
-3.77
+12%
|
-4.02
-7%
|
-4.16
-3%
|
-3.56
+14%
|
-3.38
+5%
|
-3.35
+1%
|
-3.21
+4%
|
|