GRAIL Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '19 Dec 31, 2019
Revenue	147.17	125.6	93.11	55.55	-
Revenue Growth (YoY)	17.18%	34.90%	67.61%	-	-
Cost of Revenue	75.86	69.73	54.83	38.11	-
Gross Profit	71.32	55.87	38.28	17.44	-
Selling, General & Admin	275.8	367.82	362.56	296.44	88.58
Depreciation & Amortization Expenses	133.89	133.89	133.89	133.89	-
Research & Development	195.79	322.38	338.75	329.58	167.09
Other Operating Expenses	28	1,421	718.47	4,700	-
Total Operating Expenses	633.48	2,245	1,554	5,460	255.66
Operating Income	-562.16	-2,189	-1,515	-5,443	255.66
Interest Income	28.65	26.73	7.95	1.74	-12.43
Other Non-Operating Income (Expense)	-0.99	0.06	-0.21	-0.24	1.82
Total Non-Operating Income (Expense)	27.66	26.8	7.75	1.5	-10.61
Pretax Income	-534.5	-2,162	-1,508	-5,441	245.05
Provision for Income Taxes	-126.15	-135.36	-41.95	-42.29	-0.2
Net Income	-408.35	-2,027	-1,466	-5,399	244.86
Net Income to Common	-408.35	-2,027	-1,466	-5,399	244.86
Net Income Growth	-	-	-	-	-11.19%
Shares Outstanding (Basic)	37	32	31	31	123
Shares Outstanding (Diluted)	37	32	31	31	123
Shares Change (YoY)	15.21%	2.74%	-	-74.80%	7.93%
EPS (Basic)	-11.11	-63.54	-47.21	-173.89	-1.99
EPS (Diluted)	-11.11	-63.54	-47.21	-173.89	-1.99
Shares Outstanding	40.33	33.89	-	-	-
Free Cash Flow	-299.92	-582.36	-608.69	-584.17	-249.13
Free Cash Flow Per Share	-8.16	-18.26	-19.60	-18.81	-2.02
Gross Margin	48.46%	44.48%	41.11%	31.40%	-
Operating Margin	-381.98%	-1743.03%	-1627.61%	-9798.18%	-
Profit Margin	-277.46%	-1613.92%	-1574.23%	-9719.35%	-
FCF Margin	-203.79%	-463.68%	-653.76%	-1051.61%	-
EBITDA	-405.82	-2,031	-1,357	-5,288	265.97
EBITDA Margin	-275.75%	-1617.18%	-1457.16%	-9519.58%	-
EBIT	-562.16	-2,189	-1,515	-5,443	255.66
EBIT Margin	-381.98%	-1743.03%	-1627.61%	-9798.18%	-
Effective Tax Rate	23.60%	6.26%	2.78%	0.78%	-0.08%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

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