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Guardant Health Inc.Stock · Health Care · Russell 2000 0.4%
$159.62−$5.50 (-3.33%)as of market close, Aug 13, 2026
☾ After hours:$159.54+0.00%3:59 PM ET
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How Guardant Health makes money

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How does Guardant Health make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Guardant Health Inc. · FY2025 · year ended 2025-12-31
Revenue$982MNet loss$416M · 42%Cost of revenue$349M · 36%Gross profit$633M · 64%Operating expenses$1.1B · 109%Other income$21M · 2%R&D$364M · 37%SG&A$211M · 22%Selling & marketing$495M · 50%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.