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Guardant Health (GH) Q1 FY26 earnings call

Earnings call· Mar 2026 (Q1 FY26)· Health Care· May 7, 2026

Source: earnings call transcript

Guardant Health delivered a strong Q1 FY26, driven by accelerated growth across its Oncology, Biopharma & Data, and Screening segments, surpassing $1 billion in trailing 12-month revenue. The company raised its full-year revenue guidance, reflecting significant momentum in Shield testing and continued strength in oncology, while strategically reinvesting in commercial expansion and product development.

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GH operating KPIs by quarter

GH operating KPIs stated on its earnings calls, by fiscal quarter
KPIThis call Mar 2026 Q1 FY26 Jun 2026 Q2 FY26Change vs prior quarter
Oncology test volumes
~86K Oncology test volumes rose 47% to approximately 86,000 tests, up from 59,000 in the prior year period. Source: earnings call transcript
~104K Oncology test volumes rose 63% to approximately 104,000 tests, up from 64,000 in the prior year period with strength across all products. Source: earnings call transcript
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Shield tests Screening
~44K We delivered $42 million of Shield testing revenue driven by approximately 44,000 tests compared to $6 million revenue and approximately 9,000 tests in Q1 of 2025. Source: earnings call transcript
~66K We delivered $53 million of Shield testing revenue, driven by approximately 66,000 tests compared to $15 million of revenue and approximately 16,000 tests in Q2 of 2025. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.