Grail Inc (GRAL) financials
Grail revenue and earnings by year
Grail's revenue was $147 million in the fiscal year to December 31, 2025, up 17.2% from the year before. Net income was -$408 million, -277.5% of revenue. Since the fiscal year to January 1, 2023, revenue has grown 38.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 4 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Jan 2023 |
|---|---|---|---|---|
| Revenue | 0.15 | 0.13 | 0.09 | 0.06 |
| Revenue growth | 17.2% | 34.9% | 67.6% | — |
| Gross profit | -0.06 | -0.08 | -0.10 | -0.12 |
| Gross margin | -42.5% | -62.1% | -102.7% | -209.6% |
| Operating income | -0.56 | -2.19 | -1.52 | -5.44 |
| Operating margin | -382.0% | -1743.0% | -1627.6% | -9798.2% |
| Net income | -0.41 | -2.03 | -1.47 | -5.40 |
| Net margin | -277.5% | -1613.9% | -1574.2% | -9719.3% |
| Diluted EPS | -$11.11 | -$63.54 | — | — |
| Free cash flow | -0.30 | -0.58 | -0.61 | -0.58 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GRAL in Markets.
How Grail makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Screening Revenue | $42.6M | 95.4% |
| Developmental Services Revenue | $2.04M | 4.6% |
See also: GRAL returns
No forecast, no recommendation. This page describes Grail Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.