GRAIL, Inc. (GRAL)

NASDAQ: GRAL · Real-Time Price · USD

121.44

+2.31 (1.94%)

At close: Nov 6, 2026, 4:00 PM EST

121.21

-0.23 (-0.19%)

After-hours: Nov 6, 2026, 7:57 PM EST

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	Sep '26 Sep 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	166.6	147.17	125.6	93.11	55.55	14.61
Revenue Growth	17.47%	17.18%	34.90%	67.61%	280.17%	-
Gross Profit	77.77	71.32	55.87	38.28	17.44	3.08
Operating Income	-553.19	-534.2	-727.75	-779.6	-742.46	-558.12
Net Income	-406.18	-408.35	-2,027	-1,466	-5,399	-1,248
Earnings Per Share	-9.27	-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	Sep '26 Sep 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	157.8	137.09	110.82	78.68	43.36	14.61
International	8.81	10.08	14.78	14.43	12.19	-
Total	166.6	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	Sep '26 Sep 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	788.68	904.43	763.47	97.29	241.6	221.16
Total Debt	85.85	54.86	68.14	84.41	96.01	110.56
Net Cash (Debt)	702.83	849.57	695.33	12.88	145.59	110.6
Net Cash Growth	45.95%	22.18%	5298.52%	-91.15%	31.63%	-78.83%
Net Cash Per Share	16.03	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	Sep '26 Sep 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	-306.24	-299.01	-577.16	-595.8	-561.31	-688.13
Capital Expenditures	-5.76	-0.91	-5.21	-12.89	-22.86	-69.93
Free Cash Flow	-312	-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	Sep '26 Sep 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	46.68%	48.46%	44.48%	41.11%	31.40%	21.05%
Operating Margin	-332.04%	-362.98%	-579.44%	-837.33%	-1336.56%	-3819.61%
Pretax Margin	-328.97%	-363.18%	-1721.69%	-1619.29%	-9795.48%	-8658.99%
Profit Margin	-243.80%	-277.46%	-1613.92%	-1574.23%	-9719.35%	-8539.39%
FCF Margin	-187.27%	-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	Nov '26 Nov 8, 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	32.77	22.67	4.78	-	-	-