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How Guardant Health (GH) makes money

Guardant Health (GH) made $361M of revenue in the third quarter 2026 (Q3 2026), +36% from a year earlier. Oncology brought in $231M (64%); Screening brought in $67.6M (19%); Biopharma and data brought in $59.0M (16%).

Drawing the Sankey…

Guardant Health revenue by segment, Q3 2026Guardant Health revenue by segment, Q3 2026Oncology$231MScreening$67.6MBiopharma and data$59.0MLicensing and other$3.1M
Guardant Health: revenue by line, Q1 2025 to Q3 2026Guardant Health: revenue by line, Q1 2025 to Q3 2026OncologyBiopharma and dataScreeningLicensing and otherOncology: $231M latest$231MBiopharma and data: $59.0M latest$59.0MScreening: $67.6M latest$67.6MLicensing and other: $3.1M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Screening went from 3% of revenue in Q1 2025 to 19% in Q3 2026, the largest shift in the mix.
Guardant Health revenue by quarterGuardant Health revenue by quarter$203MQ1 2025$232MQ2 2025$265MQ3 2025$281MQ4 2025$302MQ1 2026$335MQ2 2026$361MQ3 2026
Guardant Health: where each dollar of revenue goesGuardant Health: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Oncology$231M64.1%+6%+25%
Screening$67.6M18.7%+28%+180%
Biopharma and data$59.0M16.3%-3%+8%
Licensing and other$3.1M0.9%+52%+60%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$361M100.0%
Income tax$343K0.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$361M+36%
Q2 2026$335M+44%
Q1 2026$302M+48%
Q4 2025$281M+39%
Q3 2025$265M+38%
Q2 2025$232M+31%
Q1 2025$203M+21%

From Guardant Health's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Guardant Health make money?

Guardant Health (GH) made $361M of revenue in the third quarter 2026 (Q3 2026), +36% from a year earlier. Oncology brought in $231M (64%); Screening brought in $67.6M (19%); Biopharma and data brought in $59.0M (16%).

What is Guardant Health's biggest business?

Oncology: $231M in the third quarter 2026, 64% of revenue, +25% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.