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Midas Edge

Guardian Pharmacy Services, Inc.

For the period ended Dec 31, 2025. Filed Mar 11, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 11, 2026

GRDN$47.02+10.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISK FACTOR SUMMARYii
PART I1
Item 1. Business1
Item 1A. Risk Factors29
Item 1B. Unresolved Staff Comments45
Item 1C. Cybersecurity45
Item 2. Properties47
Item 3. Legal Proceedings47
Item 4. Mine Safety Disclosures47
PART II48
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities48
Item 6. [Reserved]49
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations49
Item 7A. Quantitative and Qualitative Disclosures About Market Risk61
Item 8. Financial Statements and Supplementary Data62
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure103
Item 9A. Controls and Procedures103
Item 9B. Other Information102
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections102
PART III103
Item 10. Directors, Executive Officers and Corporate Governance103
Item 11. Executive Compensation103
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters103
Item 13. Certain Relationships and Related Transactions, and Director Independence103
Item 14. Principal Accountant Fees and Services103
PART IV104
Item 15. Exhibits and Financial Statement Schedules104

i

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.