GRAL (GRAIL, Inc.) Stock Financials & Earnings

GRALGRAIL, Inc.

Mkt Cap$2B

Revenue (TTM)$147M

Net Income (TTM)-$408M

EPS (TTM)-$11.18

Free Cash Flow (TTM)-$299M

Gross Margin-42.5%

Op. Margin-363.0%

Net Margin-277.5%

FCF Margin-203.2%

P/S Ratio (TTM)13.2x

P/E Ratio (TTM)—

YoY Rev Growth+17.2%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$20M	-$26M	-$204M
Q2 23	$22M	-$24M	-$204M
Q3 23	$21M	-$27M	-$912M
Q4 23	$30M	-$19M	-$195M
Q1 24	$27M	-$22M	-$227M
Q2 24	$32M	-$18M	-$1.6B
Q3 24	$29M	-$22M	-$184M
Q4 24	$38M	-$16M	-$137M
Q1 25	$32M	-$20M	-$154M
Q2 25	$36M	-$18M	-$159M
Q3 25	$36M	-$14M	-$125M
Q4 25	$44M	-$11M	-$96M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 23	$86M	$47M	$46M	—
Q2 23	$89M	$51M	$41M	—
Q3 23	$80M	$50M	$37M	—
Q4 23	$84M	$53M	$39M	—
Q1 24	$102M	$57M	$47M	—
Q2 24	$94M	$67M	$41M	—
Q3 24	$78M	$47M	$36M	—
Q4 24	$48M	$42M	$31M	—
Q1 25	$54M	$45M	$35M	—
Q2 25	$47M	$38M	$29M	—
Q3 25	$49M	—	—	$63M
Q4 25	$47M	$39M	$28M	—

Revenue by Geography

Quarter	Americas	Non-US	United States
Q1 25	$29M	$2M	—
Q2 25	—	$1M	$34M
Q3 25	—	$3M	$33M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 23	$97M	$0	$97M
Q1 24	$974M	$0	$974M
Q2 24	$959M	$0	$959M
Q3 24	$854M	$0	$854M
Q4 24	$214M	$549M	$763M
Q1 25	$134M	$541M	$675M
Q2 25	$127M	$475M	$603M
Q3 25	$127M	$413M	$540M
Q4 25	$250M	$655M	$904M

Shares Outstanding

Revenue Per Employee

Revenue / Employee