GRAIL, Inc.

GRAL Healthcare Diagnostics & Research

GRAIL, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $147.2 million, up 17.2% from fiscal 2024.

Revenue
+3.71%
EPS
+10.2%
Free cash flow
−24.9%

Quarter to September 2026, against a year earlier

124.40 19.26 −13.41%
Market cap
$5.3B
P/E
0.0×
Fwd P/E
−14.5×
Dividend yield
—
F-score
6/9
Altman Z
0.37
Beneish M
n/a
Dividend safety
n/a

GRAIL, Inc. (GRAL) Operating margin

Alert me on Operating margin

GRAIL, Inc.'s operating margin over the twelve months to 30 September 2026 was −347.3%, up 34.7 percentage points from fiscal 2025 (−382.0%). That is below the Diagnostics & Research industry median of −5.68% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −382.0% 1,361.05
FY2024 −1,743.0% (115.42)
FY2023 −1,627.6% 8,170.57
FY2022 −9,798.2% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −385.3% 3.60
Jun 2026 −388.9% (56.01)
Mar 2026 −332.9% (47.51)
Dec 2025 −285.4% 60.80
9 more quarters

Operating margin against peers

Company Operating margin
SHC Sotera Health Company compare 32.7%
CDNA CareDx, Inc. compare 23.4%
QGEN QIAGEN N.V. compare 21.2%
VCYT Veracyte, Inc. compare 17.1%
BLLN BillionToOne, Inc. compare 10.2%
ICLR ICON PLC compare 8.72%
RDNT RadNet, Inc. compare 3.12%
ADPT Adaptive Biotechnologies Corporation compare −16.2%
GRAL GRAIL, Inc. −347.3%
Diagnostics & Research industry median −5.68%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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