Guardant Health Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
GH$158.79+5.2%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 exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue: | |||
| Precision oncology testing | $687,936 | $514,249 | $392,049 |
| Development services and other | 51,080 | 49,699 | 57,489 |
| Total revenue | 739,016 | 563,948 | 449,538 |
| Costs and operating expenses: | |||
| Cost of precision oncology testing | 260,581 | 205,528 | 148,199 |
| Cost of development services and other | 29,218 | 21,524 | 8,126 |
| Research and development expense | 347,753 | 367,194 | 373,807 |
| Sales and marketing expense | 364,935 | 295,227 | 299,828 |
| General and administrative expense | 180,123 | 155,800 | 163,956 |
| Other operating expense | — | 83,400 | — |
| Total costs and operating expenses | 1,182,610 | 1,128,673 | 993,916 |
| Loss from operations | (443,594) | (564,725) | (544,378) |
| Interest income | 53,691 | 35,365 | 6,069 |
| Interest expense | (2,581) | (2,578) | (2,577) |
| Other income (expense), net | (42,605) | 53,174 | (12,778) |
| Fair value adjustments of noncontrolling interest liability | — | — | (99,785) |
| Loss before provision for income taxes | (435,089) | (478,764) | (653,449) |
| Provision for income taxes | 1,284 | 685 | 1,139 |
| Net loss | $(436,373) | $(479,449) | $(654,588) |
| Net loss per share, basic and diluted | $(3.56) | $(4.28) | $(6.41) |
| Weighted-average shares used in computing net loss per share, basic and diluted | 122,745 | 111,988 | 102,178 |
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