Jun 2026 (Q2 FY26) — Aug 6, 2026
Guardian Pharmacy Services Q2 FY26 — Strong EBITDA Growth Amid IRA Headwinds
Read the full callGuardian Pharmacy Services earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 352 | +2.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 5.9 | +2.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 21.9 | +142.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $24.95 on 17 Oct 2025 → $40.14. High $48 (15 Sept 2026), low $24.95 (17 Oct 2025).
Overview
Call summaries
Guardian Pharmacy Services Q2 FY26 — Strong EBITDA Growth Amid IRA Headwinds
Read the full callEvery analysed call
Financials
Net profit, year on year: +142% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 314 | 339 | 329 | 344 | 377 | 398 | 337 | 352 |
| Operating profit | -105 | 17 | 13 | 13 | 16 | 31 | 18 | 21 |
| Operating margin | −33.3% | 5.0% | 4.0% | 3.6% | 4.3% | 7.7% | 5.3% | 5.9% |
| Other income | -1 | -1 | 0 | 0 | 0 | 0 | 1 | 9 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -106 | 16 | 13 | 13 | 17 | 31 | 18 | 30 |
| Tax rate | −0.2% | 27.0% | 29.3% | 29.9% | 42.3% | 31.6% | 26.0% | 25.8% |
| Net profit | -122 | 12 | 9 | 9 | 10 | 21 | 13 | 22 |
| Line item | Dec 2024 | Dec 2025 |
|---|---|---|
| Reserves | 17 | 66 |
| Total liabilities | 171 | 195 |
| Fixed assets | 50 | 56 |
| Total assets | 321 | 413 |
| Line item | Dec 2024 | Dec 2025 |
|---|---|---|
| Cash from operations | 58 | 100 |
| Cash from investing | -30 | -32 |
| Cash from financing | -24 | -7 |
| Net cash flow | 4 | 61 |
| Capital expenditure | -15 | -13 |
| Free cash flow | 43 | 87 |
45 filings between Dec 3, 2025 and Sep 27, 2026.
Purchases
$99.8K
1 purchase by 1 insider
Sales
$419.26M
10 sales by 9 insiders
Also filed: 2 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BINDLEY WILLIAM E | — | $105.99M | Mar 20, 2026 |
| Salentine Thomas J Jr | — | $105.99M | Mar 20, 2026 |
| Bindley Capital Partners I, LLC | — | $105.99M | Mar 20, 2026 |
| Ackerman John | — | $32.75M | Mar 20, 2026 |
| Pharmacy Investors, LLC | — | $24.57M | Mar 20, 2026 |
| Burke Fred | — | $19.93M | Mar 20, 2026 |
| Forbes Kendall | — | $10.29M | Mar 20, 2026 |
| Cardinal Equity Fund, L.P. | — | $8.18M | Mar 20, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 27, 2026 | Burke Fred See Remarks | Option exercise | 1,298,825 | — |
| Sep 27, 2026 | Tuch Jeffrey See Remarks | Option exercise | 55,578 | — |
| Sep 27, 2026 | Forbes Kendall Insider | Option exercise | 608,570 | — |
| Sep 27, 2026 | BINDLEY WILLIAM E Director | Option exercise | 6,100,175 | — |
| Sep 27, 2026 | Morris David K See Remarks | Option exercise | 641,870 | — |
| Sep 27, 2026 | Crisafulli Chris See Remarks | Option exercise | 18,931 | — |
| Sep 27, 2026 | Eakins Richard Senior Vice President, Sales | Option exercise | 36,052 | — |
| Sep 27, 2026 | Bindley Capital Partners I, LLC 10% owner | Option exercise | 6,100,175 | — |
| Sep 27, 2026 | Towns Douglas See Remarks | Option exercise | 23,450 | — |
| Sep 27, 2026 | Cardinal Equity Fund, L.P. Insider | Option exercise | 471,057 | — |
| Sep 27, 2026 | Salentine Thomas J Jr Director | Option exercise | 6,100,175 | — |
| Sep 27, 2026 | Martin David Norman See Remarks | Option exercise | 39,865 | — |
| Sep 27, 2026 | Pharmacy Investors, LLC Insider | Option exercise | 1,413,939 | — |
| Sep 27, 2026 | Mudd William Franklin See Remarks | Option exercise | 38,282 | — |
| Sep 27, 2026 | Weir Robert See Remarks | Option exercise | 23,450 | — |
| Sep 27, 2026 | Ackerman John Director | Option exercise | 471,057 | — |
| Sep 27, 2026 | Ackerman John Director | Option exercise | 1,413,939 | — |
| May 5, 2026 | Patchett Mary Sue Director | Award | 4,028 | $0 |
| May 5, 2026 | LEWIS RANDALL J Director | Award | 4,028 | $0 |
| May 5, 2026 | COSLER STEVEN D Director | Award | 4,028 | $0 |
| Mar 28, 2026 | BINDLEY WILLIAM E Director | Option exercise | 6,100,175 | — |
| Mar 28, 2026 | Burke Fred See Remarks | Option exercise | 1,298,826 | — |
| Mar 28, 2026 | Ackerman John Director | Option exercise | 1,413,939 | — |
| Mar 28, 2026 | Ackerman John Director | Option exercise | 471,057 | — |
| Mar 28, 2026 | Bindley Capital Partners I, LLC 10% owner | Option exercise | 6,100,175 | — |
| Mar 28, 2026 | Morris David K See Remarks | Option exercise | 641,869 | — |
| Mar 28, 2026 | Forbes Kendall See Remarks | Option exercise | 608,570 | — |
| Mar 28, 2026 | Salentine Thomas J Jr Director | Option exercise | 6,100,175 | — |
| Mar 28, 2026 | Cardinal Equity Fund, L.P. Insider | Option exercise | 471,057 | — |
| Mar 28, 2026 | Pharmacy Investors, LLC Insider | Option exercise | 1,413,939 | — |
| Mar 20, 2026 | BINDLEY WILLIAM E Director | Sale | 3,570,677 | $105.99M |
| Mar 20, 2026 | Ackerman John Director | Sale | 827,636 | $24.57M |
| Mar 20, 2026 | Forbes Kendall See Remarks | Sale | 346,672 | $10.29M |
| Mar 20, 2026 | Morris David K See Remarks | Sale | 187,855 | $5.58M |
| Mar 20, 2026 | Pharmacy Investors, LLC Insider | Sale | 827,636 | $24.57M |
| Mar 20, 2026 | Burke Fred See Remarks | Sale | 671,432 | $19.93M |
| Mar 20, 2026 | Cardinal Equity Fund, L.P. Insider | Sale | 275,728 | $8.18M |
| Mar 20, 2026 | Salentine Thomas J Jr Director | Sale | 3,570,677 | $105.99M |
| Mar 20, 2026 | Bindley Capital Partners I, LLC 10% owner | Sale | 3,570,677 | $105.99M |
| Mar 20, 2026 | Ackerman John Director | Sale | 275,728 | $8.18M |
| Mar 1, 2026 | Morris David K See Remarks | Award | 8,952 | $0 |
| Mar 1, 2026 | Forbes Kendall See Remarks | Award | 8,952 | $0 |
| Dec 4, 2025 | Burke Fred See Remarks | Gift | 200,000 | $0 |
| Dec 4, 2025 | Forbes Kendall See Remarks | Gift | 21,500 | $0 |
| Dec 3, 2025 | COSLER STEVEN D Director | Purchase | 3,370 | $99.8K |
| Sep 27, 2025 | Forbes Kendall See Remarks | Option exercise | 608,570 | — |
| Sep 27, 2025 | Cardinal Equity Fund, L.P. Insider | Option exercise | 471,057 | — |
| Sep 27, 2025 | Pharmacy Investors, LLC Insider | Option exercise | 1,413,940 | — |
| Sep 27, 2025 | Bindley Capital Partners I, LLC 10% owner | Option exercise | 6,100,176 | — |
| Sep 27, 2025 | Salentine Thomas J Jr Director | Option exercise | 6,100,176 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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