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GRAIL, Inc. GRAL Screening revenue — Cost of revenue

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Other financials

Income statement

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Revenue$44.7M+25.7%
Operating income-$173.8M-9.4%
Net income-$110.2M+3.3%
EPS (diluted)-$2.56+19.5%

Balance sheet

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Cash & equivalents$62.6M-52.1%
Total debt$91.3M+46.9%
Total equity$2.5B+9.9%
Total assets$2.8B+5.2%

Cash flow

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Operating cash flow-$80.7M-4.9%
CapEx$432.0K+17.1%
Free cash flow-$81.2M-4.9%

Valuation

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Market cap$3.1B+164%
Enterprise value$3.13B+183%
P/S18.8×+10.0×

Profitability

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Operating margin-338.4%-74.4pp
Net margin-236.9%-52.1pp
FCF margin-179.2%-46.7pp

Returns & leverage

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Return on equity-16.1%-1.3pp
Debt / equity0.0×
Current ratio10.9×+1.7×

Where this comes from

Reported directly by GRAIL, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: GRAIL, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054307
Line itemThree Months Ended / June 30,2026Three Months Ended / June 30,2025Six Months Ended / June 30,2026Six Months Ended / June 30,2025
Development services revenue2,0451,1652,9983,869
Total revenue44,68735,54485,47267,381
Costs and operating expenses:
Cost of screening revenue (exclusive of amortization of intangible assets)23,34719,34644,59136,469
Cost of development services revenue4345018101,672
Cost of revenue — amortization of intangible assets33,47233,47266,94466,944
Research and development47,42946,62695,450100,251
Sales and marketing37,65728,53968,32563,518

Item 1. Financial Statements

FAQ

What is GRAIL, Inc.'s screening revenue — cost of revenue?
GRAIL, Inc. (GRAL) reported screening revenue — cost of revenue of $23.35M in Q2 2026.
How has GRAIL, Inc.'s screening revenue — cost of revenue changed year-over-year?
GRAIL, Inc.'s screening revenue — cost of revenue increased by 20.7% year-over-year, from $19.35M to $23.35M.
What is the long-term trend for GRAIL, Inc.'s screening revenue — cost of revenue?
Over 3 years (2022 to 2025), GRAIL, Inc.'s screening revenue — cost of revenue has grown at a 31.6% compound annual growth rate (CAGR), from $32.14M to $73.25M.
What does screening revenue — cost of revenue mean?
This metric captures the direct costs associated with providing diagnostic screening services, including laboratory processing, materials, and personnel directly involved in test delivery. It is a critical measure of operational efficiency and the direct expense required to generate screening-related income. Monitoring this helps assess the gross margin potential and the cost-to-serve profile of the company's diagnostic offerings.

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