Superworth

GRAIL GRAL

Medical - Diagnostics & Research, Healthcare
$132.55
+4.32%
Market cap
$5.9B
PE
n/m
a loss over the last year
Forward PE
n/m
not a meaningful number
Price to sales
35.8×
EV/EBIT
n/m
a loss over the last year
Revenue, 12 months
$165.3M
+23% on a year ago
Net margin
n/m
outside −100% to 100%
Free cash flow yield
−5.0%

GRAIL trades at 35.8× sales. Its trailing earnings are negative, so it has no PE. Revenue was $165.3M over the last twelve months, up 23% on a year earlier.

Charts

Financials

Income statement for GRAL, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$20.7M$30.3M$26.7M+36%$32M+43%$28.7M+38%$38.3M+26%$31.8M+19%$35.5M+11%$36.2M+26%$43.6M+14%$40.8M+28%$44.7M+26%
Cost of revenuen/an/a$15.2M$16.4M$17.4M$20.7M$18.3M+21%$19.8M+21%$16.5M−6%$21.3M+3%$21.6M+18%$23.8M+20%
Gross profitn/an/a$11.6M$15.6M$11.2M$17.5M$13.5M+17%$15.7M+1%$19.7M+76%$22.3M+28%$19.2M+42%$20.9M+33%
R&D$80.1M$84.1M$101.6M+18%$94.2M+6%$78.2M−2%$48.3M−43%$53.6M−47%$46.6M−51%$48.6M−38%$46.9M−3%$48M−11%$47.4M+2%
SG&A$86.8M$91.9M$103.9M+12%$108.2M+19%$83M−4%$72.6M−21%$80.1M−23%$66.5M−39%$62.9M−24%$66.4M−9%$73.4M−8%$88.4M+33%
−$912.4M−$194.6M−$227.4M+12%−$1.6B+703%−$183.5M−80%−$136.9M−30%−$153.6M−33%−$158.9M−90%−$125.3M−32%−$124.4M−9%−$135.8M−12%−$173.8M+9%
Pre-tax income−$910.1M−$193M−$224.5M+11%−$1.6B+708%−$172.4M−81%−$127M−34%−$146.4M−35%−$152.9M−91%−$118.7M−31%−$116.5M−8%−$127.5M−13%−$166.7M+9%
−$18.6M−$5.5M−$5.6M−31%−$53.1M+443%−$46.7M+151%−$29.9M+444%−$40.2M+622%−$38.9M−27%−$29.7M−36%−$17.3M−42%−$34.3M−15%−$56.5M+45%
Net income−$891.4M−$187.5M−$218.9M+13%−$1.6B+721%−$125.7M−86%−$97.1M−48%−$106.2M−52%−$114M−93%−$89M−29%−$99.2M+2%−$93.2M−12%−$110.2M−3%
−$28.71−$6.04−$7.05+13%−$51.06+721%−$3.94−86%−$2.89−52%−$3.10−56%−$3.18−94%−$2.46−38%−$2.44−16%−$2.29−26%−$2.56−20%
31M31M31M+0%31M+0%31.9M+3%33.6M+8%34.3M+11%35.8M+15%36.1M+13%40.7M+21%40.6M+19%43.1M+20%

Revenue: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

Gross profit: 9 periods, Q1 FY24 to Q2 FY26: not printed by the filing, worked out from its own lines.

R&D: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

SG&A: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

Operating income: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

Income tax: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

Net income: Q1 FY23 and Q1 FY24: 6 months less the 3 months printed beside them.

EPS, diluted: 5 periods, Q1 FY23 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY23 and Q1 FY24: share-days: the 6-month average less the second quarter's. 3 periods, Q4 FY23 to Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Medical - Diagnostics & Research nearest GRAIL's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
GRALGRAIL$5.9Bn/mn/an/m35.8×+23%n/m
LNTHLantheus$6.5B24.2×24.0×n/m4.2×+2%17.7%
BLLNBillionToOne$5.1B166×151×n/m12.8×+90%9.5%
CAICaris Life Sciences$9B86.5×73.7×n/m9.1×+85%10.6%
VCYTVeracyte$3.9B34.2×66.8×n/m6.9×+17%20.4%
CDNACareDx$3.6B33.4×19.1×n/m7.8×+34%24.2%
BIOBio-Rad Laboratories$9.9B44.8×30.8×n/m3.8×+1%8.6%
RVTYRevvity$17.7B75.6×34.8×n/m6.1×+4%8.2%
MEDPMedpace$18.7B39.2×34.5×n/m6.7×+25%17.7%
LHLabcorp$26.7B27.2×19.4×17.4×1.9×+6%7.0%
DGXQuest Diagnostics$26.7B25.7×19.3×n/m2.3×+9%9.2%
Peer median$9.5B36.7×32.6×17.4×6.4×+13%10.1%

Investors who own it

Investors we follow who held GRAIL at the end of Jun 30, 2026, from their 13F filings.

More on GRAIL

Each number over time

Where it ranks

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About

Industry
Medical - Diagnostics & Research
Sector
Healthcare

Valuation data, not investment advice. Prices as of .