NASDAQ$GH
Guardant Health Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Guardant Health reported strong revenue growth and increased testing volumes in Q4 2024.
Guardant Health reported Q4 2024 revenue of $201.8 million, a 30% year-over-year increase, driven by strong growth in precision oncology testing. The company reduced net loss compared to the prior year and continued to expand its product portfolio and partnerships.
- Total revenue increased by 30% to $201.8 million.
- Precision oncology testing revenue rose by 30% to $184.6 million.
- Non-GAAP net loss per share improved to $0.62 from $0.64 last year.
- Shield screening tests generated $4.1 million in revenue.
Headline financials
Revenue & EPS history
Guardant Health · Revenue · Quarterly
$202M
Revenue by segment
Guardant Health · $133M total across 1 segment · Q3 2023
- Oncology Revenue$133M+30.7%100.0%
Forward guidance
Guardant Health expects FY 2025 revenue to be between $850 million and $860 million, representing a 15-16% increase year-over-year.
Tailwinds
- Oncology revenue projected to grow approximately 15%.
- Oncology clinical volume expected to accelerate to 25% growth.
- Screening revenue forecasted between $25 million and $30 million.
- Non-GAAP gross margin expected in the range of 62-63%.
- Free cash flow burn projected to improve to $225-235 million.
Headwinds
- Increased expenses due to Shield commercial ramp-up.
- Operating expenses expected to rise by 8-9% in 2025.
- Continued net losses expected despite revenue growth.
- Screening segment expected to have $200 million in net cash burn.
- Market uncertainties may impact reimbursement rates.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+3.8%
Avg return
Earnings day
+2.6%
Avg return
5 days after
+3.9%
Avg return
30 days after
60%
18 / 30 earnings
Positive
+41.3%
Q4 2018
Best reaction
-30.0%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.3% | +6.6% | +36.1% | |
| Q4 2025 | -3.0% | -10.4% | -19.9% | |
| Q3 2025 | +28.5% | +35.8% | +50.0% | |
| Q1 2025 | +3.5% | -11.2% | -14.0% | |
| Q4 2024 | -9.6% | -8.9% | -2.7% | |
| Q3 2024 | +21.6% | +24.8% | +56.8% | |
| Q2 2024 | -5.9% | -5.3% | -26.2% | |
| Q1 2024 | +20.0% | +32.7% | +53.8% | |
| Q4 2023 | -14.3% | -13.8% | -23.9% | |
| Q3 2023 | -8.5% | -24.7% | -10.2% | |
| Q2 2023 | +4.6% | +1.9% | -3.1% | |
| Q1 2023 | +17.2% | +12.1% | +38.5% | |
| Q4 2022 | +4.4% | +11.7% | -12.6% | |
| Q3 2022 | +3.3% | -3.1% | +17.5% | |
| Q2 2022 | +1.6% | -6.0% | +2.0% | |
| Q1 2022 | -30.0% | -44.3% | -32.3% | |
| Q4 2021 | +6.0% | +7.0% | -4.3% | |
| Q3 2021 | -3.8% | -5.8% | -20.8% | |
| Q2 2021 | +0.2% | -7.7% | +15.7% | |
| Q1 2021 | -3.1% | -14.0% | -15.8% | |
| Q4 2020 | -6.7% | -5.0% | -15.3% | |
| Q3 2020 | -0.4% | -1.1% | +9.0% | |
| Q2 2020 | +0.6% | -4.0% | +6.8% | |
| Q1 2020 | +9.0% | +19.6% | +2.9% | |
| Q4 2019 | -14.7% | -2.1% | -25.9% | |
| Q3 2019 | +11.2% | +13.8% | +14.4% | |
| Q2 2019 | +25.8% | +18.2% | -5.2% | |
| Q1 2019 | +17.4% | +12.0% | +40.3% | |
| Q4 2018 | +41.3% | +46.6% | +7.9% | |
| Q3 2018 | -6.7% | +3.1% | -2.7% | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — |
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