GRAIL financials
$136.57+2.97%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.7M | $40.8M | $43.6M | $36.2M | $35.5M | $31.8M | $38.3M | $28.7M | $32.0M |
| Gross profit | -$12.6M | -$14.3M | $122.8M | -$13.7M | -$17.8M | -$19.9M | $117.9M | -$22.2M | $15.6M |
| Gross margin | −28.1% | −35.1% | 281.6% | −37.9% | −50.0% | −62.6% | 308.3% | −77.6% | 48.7% |
| Operating income | -$173.8M | -$135.8M | -$124.4M | -$125.3M | -$158.9M | -$153.6M | -$136.9M | -$183.5M | -$1.64B |
| Net income | -$110.2M | -$93.2M | -$99.2M | -$89.0M | -$114.0M | -$106.2M | -$97.1M | -$125.7M | -$1.59B |
| Net margin | −246.7% | −228.5% | −227.5% | −245.8% | −320.7% | −333.6% | −253.8% | −438.7% | −4958.8% |
| Diluted EPS | $-2.56 | $-2.29 | $-2.43 | $-2.46 | $-3.18 | $-3.10 | $-2.89 | $-3.94 | $-51.06 |
| EBITDA | -$109.7M | -$97.0M | -$85.5M | -$86.3M | -$91.7M | -$114.3M | -$97.5M | -$144.3M | -$181.0M |
| Operating cash flow | -$80.7M | -$87.0M | -$63.8M | -$63.2M | -$77.0M | -$95.0M | -$93.5M | -$104.6M | -$171.8M |
| Free cash flow | -$81.2M | -$87.5M | -$63.9M | -$63.6M | -$77.3M | -$95.1M | -$93.8M | -$105.6M | -$173.2M |
| Diluted shares | 43.1M | 40.6M | 40.8M | 36.1M | 35.8M | 34.3M | 33.6M | 31.9M | 31.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $55.6M | $69.3M | $249.7M | $126.9M | $127.4M | $133.9M |
| Short-term investments | $806.0M | $753.8M | $654.7M | $413.2M | $475.3M | $540.7M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $2.84B | $2.80B | $2.92B | $2.60B | $2.70B | $2.85B |
| Total liabilities | $301.0M | $302.8M | $344.2M | $361.1M | $387.9M | $433.9M |
| Shareholders' equity | $2.54B | $2.50B | $2.58B | $2.24B | $2.31B | $2.41B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology