4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $147M | -$408M | 0.0% | -382.0% | -$300M | — | $250M |
| 2024 | $126M | -$2.0B | 0.0% | -1743.0% | -$582M | — | $214M |
| 2023 | $93M | -$1.5B | 0.0% | -1627.6% | -$609M | — | $97M |
| 2023 | $56M | -$5.4B | 0.0% | -9798.2% | -$584M | — | $242M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $41M | -$93M | 0.0% | -332.9% | -$87M | — | $69M |
| Dec '25 | $44M | -$99M | 0.0% | -285.4% | -$64M | — | $250M |
| Sep '25 | $36M | -$89M | 0.0% | -346.2% | -$64M | — | $127M |
| Jun '25 | $36M | -$114M | 0.0% | -446.9% | -$77M | — | $127M |
| Mar '25 | $32M | -$106M | 0.0% | -482.5% | -$95M | — | $134M |
| Dec '24 | $38M | -$97M | 0.0% | -358.0% | -$94M | — | $214M |
| Sep '24 | $29M | -$126M | 0.0% | -640.5% | -$106M | — | $854M |
| Jun '24 | $32M | -$1.6B | 0.0% | -5133.8% | -$173M | — | $959M |
| Mar '24 | $27M | -$219M | 0.0% | -851.1% | -$210M | — | $200M |
| Dec '23 | $30M | -$188M | 0.0% | -641.7% | — | — | $97M |
| Oct '23 | $21M | -$891M | 0.0% | -4403.0% | — | — | $144M |
| Jul '23 | — | -$193M | — | — | — | — | — |
| Jun '23 | $22M | -$193M | 0.0% | -911.8% | — | — | $231M |
| Apr '23 | — | -$194M | — | — | — | — | — |
| Mar '23 | — | -$194M | — | — | — | — | — |
How the market has priced GRAL against its own fundamentals since 2024-06 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, Grail, Inc.'s revenue has grown 62.8% per year. These are computed facts, not advice.
As of FY2025, Grail, Inc. reported — of total debt against $250M of cash.
In FY2025, gross margin was —, operating margin -382.0%, and net margin -277.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.