GRAIL, Inc. (GRAL)

NASDAQ: GRAL · Real-Time Price · USD

73.96

+3.07 (4.33%)

At close: Aug 19, 2026, 4:00 PM EDT

73.60

-0.36 (-0.49%)

After-hours: Aug 19, 2026, 7:52 PM EDT

GRAIL Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	165.26	147.17	125.6	93.11	55.55	14.61
Revenue Growth	23.07%	17.18%	34.90%	67.61%	280.17%	-
Gross Profit	82.15	71.32	55.87	38.28	17.44	3.08
Operating Income	-533.86	-534.2	-727.75	-779.6	-742.46	-558.12
Net Income	-391.59	-408.35	-2,027	-1,466	-5,399	-1,248
Earnings Per Share	-9.75	-11.11	-63.54	-47.21	-173.89	-
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
United States	154.3	137.09	110.82	78.68	43.36	14.61
International	10.96	10.08	14.78	14.43	12.19	-
Total	165.26	147.17	125.6	93.11	55.55	14.61

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Cash & Investments	861.61	904.43	763.47	97.29	241.6	221.16
Total Debt	91.31	54.86	68.14	84.41	96.01	110.56
Net Cash (Debt)	770.3	849.57	695.33	12.88	145.59	110.6
Net Cash Growth	42.49%	22.18%	5298.52%	-91.15%	31.63%	-78.83%
Net Cash Per Share	19.18	23.12	21.80	0.41	4.69	-

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Operating Cash Flow	-294.75	-299.01	-577.16	-595.8	-561.31	-688.13
Capital Expenditures	-1.41	-0.91	-5.21	-12.89	-22.86	-69.93
Free Cash Flow	-296.16	-299.92	-582.36	-608.69	-584.17	-758.06
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Gross Margin	49.71%	48.46%	44.48%	41.11%	31.40%	21.05%
Operating Margin	-323.04%	-362.98%	-579.44%	-837.33%	-1336.56%	-3819.61%
Pretax Margin	-320.38%	-363.18%	-1721.69%	-1619.29%	-9795.48%	-8658.99%
Profit Margin	-236.95%	-277.46%	-1613.92%	-1574.23%	-9719.35%	-8539.39%
FCF Margin	-179.21%	-203.79%	-463.68%	-653.76%	-1051.62%	-5187.90%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 20, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
PS Ratio	19.99	22.67	4.78	-	-	-