GRAL
GRAIL, LLC
NASDAQ: GRAL · HEALTHCARE · DIAGNOSTICS & RESEARCH
$49.69
-4.81% today
Updated 2026-04-29
Market cap
$2.14B
P/E ratio
—
P/S ratio
14.55x
EPS (TTM)
$-11.11
Dividend yield
—
52W range
$30 – $119
Volume
1.4M
GRAIL, LLC (GRAL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0.00 | — | $14.61M | $55.55M | $93.11M | $125.59M | $147.17M |
| Revenue growth (YoY) | — | — | — | — | +280.2% | +67.6% | +34.9% | +17.2% |
| Cost of revenue | $14.08M | $10.31M | — | $114.61M | $172.00M | $188.72M | $203.62M | $209.75M |
| Gross profit | $-14.08M | $-10.31M | — | $-100.00M | $-116.45M | $-95.61M | $-78.02M | $-62.57M |
| Gross margin | — | — | — | -684.4% | -209.6% | -102.7% | -62.1% | -42.5% |
| R&D | $223.16M | $167.09M | $192.91M | $460.21M | $329.58M | $338.75M | $322.38M | $195.79M |
| SG&A | $58.23M | $80.90M | $110.03M | $180.53M | $174.11M | $200.27M | $213.86M | $159.10M |
| Operating income | $-287.50M | $-255.66M | $-316.42M | $-1.27B | $-5.44B | $-1.52B | $-2.19B | $-534.16M |
| Operating margin | — | — | — | -8659.6% | -9798.2% | -1627.6% | -1743.0% | -363.0% |
| EBITDA | $-269.42M | $-243.14M | $-308.73M | $-1.21B | $-587.70M | $-638.22M | $-610.17M | $-377.82M |
| EBITDA margin | — | — | — | -8259.0% | -1058.0% | -685.5% | -485.8% | -256.7% |
| EBIT | $-283.50M | $-253.44M | $-316.30M | $-1.27B | $-742.46M | $-796.92M | $-768.22M | $-534.16M |
| Interest expense | — | — | — | — | — | — | — | — |
| Income tax | $485000.00 | $-195000.00 | $33000.00 | $-17.48M | $-42.29M | $-41.95M | $-135.36M | $126.15M |
| Effective tax rate | -0.2% | 0.1% | -0.0% | 1.4% | 0.8% | 2.8% | 6.3% | -44.7% |
| Net income | $-275.72M | $-244.85M | $-312.16M | $-1.25B | $-5.40B | $-1.47B | $-2.03B | $-408.35M |
| Net income growth (YoY) | — | +11.2% | -27.5% | -299.7% | -332.7% | +72.9% | -38.3% | +79.9% |
| Profit margin | — | — | — | -8539.4% | -9719.3% | -1574.2% | -1613.9% | -277.5% |