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GRAIL, Inc. GRAL Business Segments — Clinical Studies

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Other financials

Income statement

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Revenue$40.8M+28.1%
Operating income-$135.8M+11.6%
Net income-$93.2M+12.3%
EPS (diluted)-$2.29+26.1%

Balance sheet

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Cash & equivalents$76.3M-44.4%
Total debt$51.0M-20.7%
Total equity$2.5B+3.6%
Total assets$2.8B-1.5%

Cash flow

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Operating cash flow-$87.0M+8.4%
CapEx$503.0K+711%
Free cash flow-$87.5M+8.0%

Valuation

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Market cap$2.62B+145%
Enterprise value$2.6B+164%
P/S16.8×+8.6×

Profitability

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Operating margin-348.7%-153pp
Net margin-253.2%-115pp
FCF margin-187.2%-60.4pp

Returns & leverage

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Return on equity-16.1%
Debt / equity0.0×
Current ratio11.7×+2.0×

Where this comes from

Reported directly by GRAIL, Inc. in its filing.

Tagged under the XBRL concept gral:ClinicalStudiesExpense.

The official record: GRAIL, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GRAIL, Inc.'s business segments — clinical studies?
GRAIL, Inc. (GRAL) reported business segments — clinical studies of $5.94M in Q1 2026.
How has GRAIL, Inc.'s business segments — clinical studies changed year-over-year?
GRAIL, Inc.'s business segments — clinical studies increased by 0.4% year-over-year, from $5.92M to $5.94M.
What is the long-term trend for GRAIL, Inc.'s business segments — clinical studies?
Over 3 years (2022 to 2025), GRAIL, Inc.'s business segments — clinical studies has grown at a -23.9% compound annual growth rate (CAGR), from $63.67M to $28.01M.
What does business segments — clinical studies mean?
Includes all direct costs related to conducting clinical trials, research, and development activities necessary for product validation and regulatory approval. For healthcare companies, this represents the primary investment in future product viability and market expansion.