Complete Filing Data
GRAIL, Inc. reported Net Income Loss of -$408.35 million for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean GRAIL, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Net Income Loss | -$408.4M | -$2.03B | -$1.47B | -$5.40B |
| Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent | $1.1M | $119.0K | $172.0K | $579.0K |
| Selling And Marketing Expense | $116.7M | $154.0M | $162.3M | $122.3M |
| Revenue From Contract With Customer Excluding Assessed Tax | $147.2M | $125.6M | $93.1M | $55.6M |
| Other Nonoperating Income Expense | -$993.0K | $64.0K | -$208.0K | -$238.0K |
| Operating Income Loss | -$562.2M | -$2.19B | -$1.52B | -$5.44B |
| Nonoperating Income Expense | $27.7M | $26.8M | $7.7M | $1.5M |
| Income Tax Expense Benefit | -$126.2M | -$135.4M | -$42.0M | -$42.3M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$534.5M | -$2.16B | -$1.51B | -$5.44B |
| Comprehensive Income Net Of Tax | -$407.1M | -$2.03B | -$1.47B | -$5.40B |
| Goodwill And Intangible Asset Impairment | $28.0M | $1.42B | $718.5M | $4.70B |
| Cost Of Goods And Services Sold Amortization | $133.9M | $133.9M | $133.9M | |
| Amortization Of Intangible Assets | $133.9M | $133.9M | $133.9M | $138.3M |
| Research And Development Expense | $195.8M | $322.4M | $338.7M | $329.6M |
| Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax | $110.0K | $266.0K | $0.00 | $0.00 |
| General And Administrative Expense | $159.1M | $213.9M | $200.3M | $174.1M |
| Deferred Income Tax Expense Benefit | -$126.2M | -$134.3M | -$38.2M | -$39.1M |
| Deferred Income Tax Liabilities Net | $218.6M | $345.9M | $32.9M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Net Income Loss | -$89.0M | -$114.0M | -$106.2M | -$125.7M | -$1.59B | -$218.9M | -$891.4M | -$193.0M | -$193.7M |
| Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent | -$19.0K | $696.0K | $465.0K | $800.0K | $372.0K | -$52.0K | $52.0K | $96.0K | -$59.0K |
| Selling And Marketing Expense | $25.5M | $28.5M | $35.0M | $35.6M | $41.0M | $46.8M | $36.6M | $40.7M | |
| Revenue From Contract With Customer Excluding Assessed Tax | $36.2M | $35.5M | $31.8M | $28.7M | $32.0M | $26.7M | $20.7M | $22.4M | |
| Other Nonoperating Income Expense | $466.0K | -$811.0K | -$584.0K | -$561.0K | $5.0K | $42.0K | -$196.0K | -$320.0K | |
| Operating Income Loss | -$125.3M | -$158.9M | -$153.6M | -$183.5M | -$1.64B | -$227.4M | -$912.4M | -$204.4M | |
| Nonoperating Income Expense | $6.6M | $6.0M | $7.2M | $11.1M | $2.8M | $2.9M | $2.3M | $1.5M | |
| Income Tax Expense Benefit | -$29.7M | -$38.9M | -$40.2M | -$46.7M | -$53.1M | -$5.6M | -$18.6M | -$9.8M | |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$118.7M | -$152.9M | -$146.4M | -$172.4M | -$1.64B | -$224.5M | -$910.1M | -$202.8M | |
| Comprehensive Income Net Of Tax | -$88.8M | -$113.3M | -$106.0M | -$124.9M | -$1.58B | -$219.0M | -$891.4M | -$192.9M | |
| Goodwill And Intangible Asset Impairment | $0.00 | $28.0M | $0.00 | $1.42B | $718.5M | $0.00 | |||
| Cost Of Goods And Services Sold Amortization | $33.5M | $33.5M | $33.5M | $33.5M | $33.5M | $33.5M | $33.5M | $33.5M | |
| Amortization Of Intangible Assets | $34.6M | $34.6M | $34.6M | $34.6M | $34.6M | $34.6M | |||
| Research And Development Expense | $48.6M | $46.6M | $53.6M | $78.2M | $94.2M | $101.6M | |||
| Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax | $172.0K | -$59.0K | -$250.0K | $0.00 | $0.00 | $0.00 | |||
| General And Administrative Expense | $37.4M | $37.9M | $45.1M | $47.4M | $67.3M | $57.1M | |||
| Deferred Income Tax Expense Benefit | -$40.2M | -$4.8M | |||||||
| Deferred Income Tax Liabilities Net | $236.3M | $266.2M | $305.2M | $375.1M | $422.2M |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $256.7M | $217.6M | $101.5M | $246.1M | $226.0M |
| Members Equity | $2.50B | $3.65B | $4.65B | $9.43B | |
| Cash And Cash Equivalents At Carrying Value | $249.7M | $214.2M | $97.3M | $241.6M | |
| Limited Liability Company LLC Members Equity Unit Based Compensation | $58.3M | $31.9M | $1.8M | $9.9M | |
| Stockholders Equity | $2.58B | $2.50B | |||
| Restricted Cash | $7.0M | $3.3M | $4.2M | $4.5M | |
| Operating Lease Payments | $17.2M | $19.3M | $18.7M | $17.5M | |
| Cash Flow Statement Cash Paid To Settle Share Based Payment Award | $0.00 | $53.8M | $76.9M | $41.0M | |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $39.1M | $116.1M | -$144.6M | $20.1M | |
| Members Equity Increase From Members Contribution | $312.0M | $463.8M | $604.3M | ||
| Retained Earnings Accumulated Deficit | -$10.21B | -$9.80B | -$7.78B | ||
| Restricted Cash Noncurrent | $7.0M | $3.3M | $4.2M | ||
| Other Liabilities Noncurrent | $2.8M | $2.2M | $1.5M | ||
| Other Liabilities Current | $1.9M | $1.6M | $809.0K | ||
| Other Assets Noncurrent | $6.8M | $7.8M | $8.0M | ||
| Operating Lease Right Of Use Asset | $52.1M | $66.4M | $84.4M | ||
| Operating Lease Liability Noncurrent | $43.1M | $54.9M | $69.6M | ||
| Operating Lease Liability Current | $11.7M | $13.3M | $14.8M | ||
| Liabilities Current | $79.7M | $76.9M | $163.6M | ||
| Liabilities And Stockholders Equity | $2.92B | $2.98B | $3.91B | ||
| Liabilities | $344.2M | $479.9M | $267.6M | ||
| Intangible Assets Net Excluding Goodwill | $1.85B | $2.02B | $2.69B | ||
| Assets Current | $953.8M | $819.9M | $156.1M | ||
| Assets | $2.92B | $2.98B | $3.91B | ||
| Accumulated Other Comprehensive Income Loss Net Of Tax | $2.7M | $1.5M | $1.1M | ||
| Preferred Stock Value | $0.00 | $0.00 | |||
| Common Stock Value | $40.0K | $34.0K |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $133.9M | $130.8M | $137.2M | $857.5M | $962.8M | $203.6M | $148.1M | $234.8M | |
| Members Equity | $2.41B | $2.70B | $3.74B | $3.75B | $4.56B | $4.56B | |||
| Cash And Cash Equivalents At Carrying Value | $126.9M | $127.4M | $133.9M | $853.6M | $958.8M | $199.7M | $143.8M | $230.6M | |
| Limited Liability Company LLC Members Equity Unit Based Compensation | $17.4M | $796.0K | $170.0K | $115.0K | $711.0K | $799.0K | |||
| Stockholders Equity | $2.24B | $2.31B | $2.41B | $2.59B | $2.70B | ||||
| Restricted Cash | $7.0M | $3.3M | $3.3M | $3.9M | $3.9M | $3.9M | $4.2M | $4.2M | |
| Operating Lease Payments | $4.4M | $5.0M | |||||||
| Cash Flow Statement Cash Paid To Settle Share Based Payment Award | $0.00 | $42.9M | |||||||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | -$80.3M | $102.1M | |||||||
| Members Equity Increase From Members Contribution | $312.0M | $74.0M | $194.9M | $108.9M | |||||
| Retained Earnings Accumulated Deficit | -$10.11B | -$10.02B | -$9.91B | -$9.71B | -$9.58B | ||||
| Restricted Cash Noncurrent | $7.0M | $3.3M | $3.3M | $3.9M | $3.9M | ||||
| Other Liabilities Noncurrent | $2.8M | $2.6M | $2.4M | $2.3M | $2.0M | ||||
| Other Liabilities Current | $1.9M | $1.8M | $2.5M | $1.6M | $1.4M | ||||
| Other Assets Noncurrent | $7.3M | $7.4M | $7.4M | $8.4M | $8.5M | ||||
| Operating Lease Right Of Use Asset | $56.1M | $60.0M | $62.3M | $70.6M | $74.5M | ||||
| Operating Lease Liability Noncurrent | $44.6M | $48.5M | $51.3M | $58.7M | $62.2M | ||||
| Operating Lease Liability Current | $14.0M | $13.7M | $13.0M | $13.5M | $13.9M | ||||
| Liabilities Current | $77.4M | $70.6M | $75.0M | $94.3M | $88.2M | ||||
| Liabilities And Stockholders Equity | $2.60B | $2.70B | $2.85B | $3.12B | $3.27B | ||||
| Liabilities | $361.1M | $387.9M | $433.9M | $530.3M | $574.5M | ||||
| Intangible Assets Net Excluding Goodwill | $1.89B | $1.92B | $1.98B | $2.05B | $2.09B | ||||
| Assets Current | $589.4M | $651.8M | $727.7M | $909.7M | $1.02B | ||||
| Assets | $2.60B | $2.70B | $2.85B | $3.12B | $3.27B | ||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | $2.5M | $2.3M | $1.7M | $2.2M | $1.4M | ||||
| Preferred Stock Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| Common Stock Value | $36.0K | $36.0K | $35.0K | $33.0K | $31.0K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Share Based Compensation | $58.3M | $86.1M | $97.2M | $75.7M |
| Proceeds From Contributions From Affiliates | $0.00 | $1.24B | $464.0M | $609.0M |
| Net Cash Provided By Used In Operating Activities | -$299.0M | -$577.2M | -$595.8M | -$561.3M |
| Net Cash Provided By Used In Investing Activities | -$85.0M | -$551.0M | -$12.9M | -$22.9M |
| Net Cash Provided By Used In Financing Activities | $423.3M | $1.24B | $463.8M | $604.8M |
| Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net | -$1.0M | -$1.7M | -$6.7M | -$4.9M |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -$147.0K | -$62.0K | $305.0K | -$511.0K |
| Payments To Acquire Property Plant And Equipment | $909.0K | $5.2M | $12.9M | $22.9M |
| Payments To Acquire Marketable Securities | $1.31B | $545.8M | $0.00 | $0.00 |
| Increase Decrease In Prepaid Expense | -$3.4M | -$1.8M | $908.0K | $10.5M |
| Increase Decrease In Materials And Supplies | -$2.6M | -$3.1M | $1.9M | $14.1M |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | $6.5M | -$12.9M | $2.4M | $11.6M |
| Increase Decrease In Accounts Receivable | -$1.7M | $3.4M | $1.4M | $8.7M |
| Increase Decrease In Accounts Payable | -$2.7M | -$14.6M | $2.9M | $2.3M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q1 2025 | Q1 2024 |
|---|---|---|
| Share Based Compensation | $16.2M | $29.1M |
| Proceeds From Contributions From Affiliates | $0.00 | $312.0M |
| Net Cash Provided By Used In Operating Activities | -$95.0M | -$207.3M |
| Net Cash Provided By Used In Investing Activities | $14.6M | -$2.5M |
| Net Cash Provided By Used In Financing Activities | $0.00 | $312.0M |
| Increase Decrease In Operating Lease Right Of Use Assets And Liabilities Net | -$221.0K | -$559.0K |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $62.0K | -$37.0K |
| Payments To Acquire Property Plant And Equipment | $62.0K | $2.5M |
| Payments To Acquire Marketable Securities | $220.5M | $0.00 |
| Increase Decrease In Prepaid Expense | -$2.8M | $3.6M |
| Increase Decrease In Materials And Supplies | $34.0K | -$117.0K |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | -$3.1M | -$1.1M |
| Increase Decrease In Accounts Receivable | -$730.0K | -$1.9M |
| Increase Decrease In Accounts Payable | $895.0K | -$7.7M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 36.8M | 31.9M | 31.0M | 31.0M |
| Weighted Average Number Of Diluted Shares Outstanding | 36.8M | 31.9M | 31.0M | 31.0M |
| Earnings Per Share Diluted | $-11.11 | $-63.54 | $-47.21 | $-173.89 |
| Earnings Per Share Basic | $-11.11 | $-63.54 | $-47.21 | $-173.89 |
| Common Stock Shares Issued | 40.3M | 33.9M | 0.00 | |
| Common Stock Shares Outstanding | 33.9M | 0.00 | ||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | |
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | |
| Preferred Stock Shares Authorized | 50.0M | 50.0M | 50.0M | |
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | |
| Common Stock Shares Authorized | 1.50B | 1.50B | 0.00 | |
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|
| Weighted Average Number Of Shares Outstanding Basic | 36.1M | 35.8M | 34.3M | 31.9M | 31.0M | 31.0M | 31.0M | 31.0M |
| Weighted Average Number Of Diluted Shares Outstanding | 36.1M | 35.8M | 34.3M | 31.9M | 31.0M | 31.0M | 31.0M | 31.0M |
| Earnings Per Share Diluted | $-2.46 | $-3.18 | $-3.10 | $-3.94 | $-51.06 | $-7.05 | $-28.71 | $-6.22 |
| Earnings Per Share Basic | $-2.46 | $-3.18 | $-3.10 | $-3.94 | $-51.06 | $-7.05 | $-28.71 | $-6.22 |
| Common Stock Shares Issued | 36.2M | 36.0M | 35.3M | 33.2M | ||||
| Common Stock Shares Outstanding | 36.2M | 36.0M | 35.3M | 33.2M | ||||
| Preferred Stock Shares Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Preferred Stock Shares Authorized | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | |||
| Preferred Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| Common Stock Shares Authorized | 1.50B | 1.50B | 1.50B | 1.50B | 1.50B | |||
| Common Stock Par Or Stated Value Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Investment Income Interest | $28.7M | $26.7M | $8.0M | $1.7M |
| Costs And Expenses | $709.3M | $2.31B | $1.61B | $5.50B |
| Other Noncash Income Expense | -$1.3M | -$276.0K | -$2.8M | -$1.4M |
| Depreciation | $18.0M | $19.7M | $20.4M | $16.4M |
| Capital Expenditures Incurred But Not Yet Paid | $42.0K | $0.00 | $1.3M | $1.9M |
| Investment Income Net Amortization Of Discount And Premium | $21.2M | $3.2M | $0.00 | $0.00 |
| Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures | $0.00 | $0.00 | ||
| Additional Paid In Capital | $12.79B | $12.31B | ||
| Supplies | $16.0M | $18.6M | $21.7M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|
| Investment Income Interest | $6.1M | $6.8M | $7.8M | $11.7M | $2.8M | $2.9M | $2.5M | $1.8M |
| Costs And Expenses | $161.5M | $194.4M | $185.4M | $212.2M | $1.67B | $254.1M | $933.1M | $226.8M |
| Other Noncash Income Expense | -$484.0K | -$53.0K | ||||||
| Depreciation | $4.7M | $5.4M | ||||||
| Capital Expenditures Incurred But Not Yet Paid | $268.0K | $593.0K | ||||||
| Investment Income Net Amortization Of Discount And Premium | $6.4M | $0.00 | ||||||
| Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures | $0.00 | $0.00 | $0.00 | $0.00 | ||||
| Additional Paid In Capital | $12.35B | $12.34B | $12.32B | $12.29B | $12.27B | |||
| Supplies | $18.4M | $19.7M | $18.7M |
Most recent annual filing with the SEC: March 12, 2026
Data sourced from SEC EDGAR public filings as of August 5, 2026.