Record Revenue Growth
Q2 revenue grew 31% year-over-year to $232 million, driven by strong performance across oncology, biopharma, and screening segments.
Oncology Segment Performance
Oncology revenue increased 22% to $159 million with a 30% year-over-year increase in test volumes. Guardant360 Liquid saw over 20% growth, marking the fourth consecutive quarter of acceleration.
Biopharma Segment Achievements
Biopharma and data business achieved record revenue of $56 million, a 28% increase year-over-year, with new companion diagnostic deals signed.
Shield Screening Success
Shield testing generated $15 million in Q2, with approximately 16,000 tests conducted and a high adherence rate of over 90%.
Gross Margin Improvement
Non-GAAP gross margin improved to 66%, with Shield's non-GAAP gross margin increasing to 48% from 18% in Q1 2025.
Guidance Increase
Full-year 2025 revenue guidance increased to $915-$925 million, reflecting expected growth in oncology and Shield revenues.