Strong Revenue Growth
Guardant Health reported a 21% year-over-year increase in Q1 revenue, totaling $203.5 million.
Oncology Business Performance
Oncology revenue grew 20% year-over-year to $150.6 million with oncology volume increasing 25% to approximately 59,000 tests.
Gross Margin Improvement
Both Reveal and Shield became gross margin positive in Q1 2025, driven by cost reductions and improved ASPs.
Expansion in Screening with Shield
Shield testing revenue reached $5.7 million in Q1, with approximately 9,000 tests conducted. Shield received ADLT status, increasing Medicare price from $920 to $1,495.
Biopharma & Data Growth
Biopharma & Data revenue grew 21% year-over-year, with strategic collaborations including a new agreement with Pfizer.
Raising Full-Year Revenue Guidance
Guardant Health increased its full-year 2025 revenue guidance to $880 million to $890 million, up from $850 million to $860 million.