Filing Flows › Guardian Pharmacy Services (GRDN) › Gross margin
Guardian Pharmacy Services (GRDN) gross margin by quarter
Guardian Pharmacy Services' gross margin was 23.0% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026. Over the last 7 quarters it ranged from 19.5% (Q1 2025) to 23.0% (Q3 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 23.0% | +0.2 pts | +3.2 pts |
| Q2 2026 | 22.8% | +0.1 pts | +3.0 pts |
| Q1 2026 | 22.7% | +1.2 pts | +3.1 pts |
| Q4 2025 | 21.5% | +1.7 pts | — |
| Q3 2025 | 19.8% | +0.0 pts | — |
| Q2 2025 | 19.8% | +0.2 pts | — |
| Q1 2025 | 19.5% | — | — |
Q3 2026 at a glance
Guardian Pharmacy Services, Q3 2026: revenue $371M (-2% year over year), operating margin 6.8%, net earnings $18.7M, operating cash flow $43.4M. The chart follows the revenue to costs, profit and cash.
Questions
What is Guardian Pharmacy Services' gross margin?
Guardian Pharmacy Services' gross margin was 23.0% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026.
How has Guardian Pharmacy Services' gross margin changed?
Over the last 7 quarters it ranged from 19.5% (Q1 2025) to 23.0% (Q3 2026).
Q3 2026 results → · How Guardian Pharmacy Services makes money →