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GRAIL, Inc.

GRAL

$69.45 ▲ +6.12 (+9.66%) at close

14 Visible periods

25 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

GRAIL, Inc. faces fundamental challenges. The fundamentals warrant careful consideration of downside risks.

Market Cap $2.8B

Dividend Yield —

Revenue Growth 28.1% ↗

Op. Margin -332.9% ↘

ROIC -4.0% ↗

FCF / Share $-2.15

Trailing P/E —

Price / Book 1.1x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

14-Year Financial Trajectory

Quarterly

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$40.78M

↑ +28.1% —

Net Income Profit after all expenses

$-93.19M

↑ +12.3% —

Operating Margin Operating profit as % of sales

-332.9%

↓ -16.7% 0th

FCF / Share Free cash flow per share

$-2.15

↑ +22.3% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns ↑

Cash Quality ↑

Financial view

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📈 Is growth accelerating? 4 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Revenue Growth YoY (%)	28.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+251%)	14.0% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+75%)	26.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+229%)	11.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+40%)	19.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+139%)	26.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+227%)	38.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+378%)	42.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+433%)	—	—	—	—	—	—
EPS Growth YoY (%)	26.1% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	-23.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	37.6% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	93.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	56.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	68.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	86.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-720.9% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	12.3% Fair ↓ Fair Declining Year-over-year change in net income	-2.2% Weak ↓ Weak Declining Year-over-year change in net income	51.5% Excellent → Excellent Stable Year-over-year change in net income	51.5% Excellent ↑ Excellent Improving Year-over-year change in net income	51.5% Excellent ↑ Excellent Improving Year-over-year change in net income	48.2% Excellent ↑ Excellent Improving Year-over-year change in net income	-13.0% Weak Weak Year-over-year change in net income	-13.0% Weak Weak Year-over-year change in net income	—	—	—	—	—	—
FCF Growth YoY (%)	22.3% Good Good Year-over-year change in free cash flow	—	—	—	59.0% Excellent Excellent Year-over-year change in free cash flow	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Operating Margin (%) (%)	-332.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2319%)	-285.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2002%)	-346.2% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2408%)	-446.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3079%)	-482.5% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-3317%)	-358.0% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2487%)	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	26.9% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	14.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.1% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.4% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.5% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.6% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.1% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.9% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	2.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.8% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-228.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2004%)	-227.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1996%)	-293.5% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2545%)	-298.8% Weak → Weak Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2590%)	-333.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2880%)	-253.8% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2215%)	—	—	—	—	—	—	—	—
FCF Margin (%) (%)	-214.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-146.5% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-175.8% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-217.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-298.6% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	-245.2% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	-425.0% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—
FCF / Net Income (x)	0.94x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.64x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.60x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.73x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.90x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	0.97x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	0.96x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	0.69x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.81x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—

🎯 Is capital allocation efficient? 3 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Return on Invested Capital (%)	-4.0% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-5.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-4.6% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-5.2% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-58.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	—	—	—	—
Return on Capital (%) (%)	-4.8% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	-4.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-5.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-5.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-4.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-5.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-50.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—	—	—	—
Return on Common Equity (%) (%)	-3.7% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-125%)	-3.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-126%)	-4.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-132%)	-4.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-131%)	-4.4% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-129%)	-3.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-126%)	-8.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-156%)	-8.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-154%)	—	—	—	—	—	—

⚖️ Is the balance sheet risky? 1 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Net Debt (USD)	$-69.34M	$-249.73M	$-126.89M	$-127.43M	$-133.90M	$-214.23M	$-853.55M	$-958.85M	$-199.72M	$-97.29M	$-143.84M	$-230.62M	$-241.60M	—

📊 What does each share earn? 6 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Revenue per Share (USD)	$1.00	—	$1.00	$0.99	$0.93	—	$0.90	$1.03	$0.86	—	$0.67	$0.72	—	—
Basic EPS, GAAP (USD)	$-2.29	$-2.38	$-2.46	$-3.18	$-3.10	$-1.93	$-3.94	$-51.06	$-7.05	$-6.04	$-28.71	$-6.22	—	—
Free Cash Flow per Share (USD)	$-2.15	—	$-1.76	$-2.16	$-2.77	—	—	—	$-6.76	—	$-5.07	—	—	—
Book Value per Share (USD)	$60.79	—	$61.94	$64.21	$68.38	$73.86	$77.93	$86.80	—	—	—	—	—	—
Tangible Book Value per Share (USD)	$16.65	—	$9.81	$10.96	$12.22	$14.35	$16.15	$19.62	—	—	—	—	—	—
Basic Weighted Avg Shares (shares)	40.64M	—	36.12M	35.79M	34.31M	—	31.88M	31.05M	31.05M	—	31.05M	31.05M	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Working Capital (USD)	$802.64M	$874.18M	$511.95M	$581.21M	$652.68M	$742.94M	$815.43M	$930.50M	—	—	—	—	—	—
Total Equity (USD)	$2.50B	$2.58B	$2.24B	$2.31B	$2.41B	$2.50B	$2.59B	$2.70B	—	—	—	—	—	—

📋 What is driving earnings? 4 metrics

Metric	Q1 FY2026 Mar 31, 2026 10-Q ↗	Q4 FY2025 Dec 31, 2025 10-K ↗	Q3 FY2025 Sep 30, 2025 10-Q ↗	Q2 FY2025 Jun 30, 2025 10-Q ↗	Q1 FY2025 Mar 31, 2025 10-Q ↗	Q4 FY2024 Dec 31, 2024 10-K ↗	Q3 FY2024 Sep 30, 2024 10-Q ↗	Q2 FY2024 Jun 30, 2024 10-Q ↗	Q1 FY2024 Mar 31, 2024 10-Q ↗	Q4 FY2023 Jun 23, 2024 10-K ↗	Q3 FY2023 Oct 1, 2023 10-Q ↗	Q2 FY2023 Jun 30, 2023 10-Q ↗	Q4 FY2022 Jan 1, 2023 10-K ↗	Q4 FY2021 Jan 2, 2022 10-K ↗
Sales/Revenue/Turnover (USD)	$40.78M	$43.60M	$36.19M	$35.54M	$31.84M	$38.25M	$28.65M	$31.97M	$26.72M	$30.33M	$20.72M	$22.41M	—	—
Depreciation Expense (USD)	$4.21M	$4.32M	$4.40M	$4.59M	$4.70M	$4.86M	—	—	$5.41M	$5.35M	$5.22M	—	—	—
Net Income, GAAP (USD)	$-93.19M	$-99.18M	$-106.21M	$-106.21M	$-106.21M	$-97.07M	$-218.91M	$-218.91M	$-218.91M	$-187.53M	$-193.67M	$-193.67M	—	—
Operating Cash Flow (USD)	$-86.99M	$-63.78M	$-63.24M	$-76.97M	$-95.01M	$-93.49M	—	—	$-207.29M	$-128.90M	$-157.51M	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 5 years · 14 quarters

GRAIL, Inc.

Analytical Summary

14-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Statement lens

Benchmark Lens

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