Quick Answer
GRAIL, Inc. reported R&D Expense of $195.79 million for fiscal year 2025.
GRAIL, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $195.79M | -39.3% |
| 2024 | $322.38M | -4.8% |
| 2023 | $338.75M | +2.8% |
| 2022 | $329.58M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $48.65M | -37.8% | +4.3% |
| June 30, 2025 | $46.63M | -50.5% | -13.1% |
| March 31, 2025 | $53.62M | -47.2% | -31.5% |
| September 30, 2024 | $78.23M | — | -16.9% |
| June 30, 2024 | $94.20M | — | -7.3% |
| March 31, 2024 | $101.62M | — | — |
- GRAIL, Inc. showed a decrease of -39.3% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, GRAIL, Inc.’s r&d expense has declined by 40.6% (from $329.58 million to $195.79 million).
- The most recent figure is from GRAIL, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 12, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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