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GRAIL, Inc. GRAL Operating Income

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Segments

By segment

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Reportable Segment-$173.78M-9.4%

Other financials

Income statement

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Revenue$44.7M+25.7%
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$2.72B+129%
Enterprise value$2.75B+145%
P/S16.5×+7.6×

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:OperatingIncomeLoss.

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
General and administrative50,70837,91493,47782,988
Intangible and other assets impairment25,42328,00025,42328,000
Total costs and operating expenses218,470194,398395,020379,842
Loss from operations(173,783)(158,854)(309,548)(312,461)
Other income:
Interest income7,2306,80915,21614,588
Other income (expense), net(155)(811)101(1,395)
Total other income, net7,0755,99815,31713,193

Item 1. Financial Statements

FAQ

What is GRAIL, Inc.'s operating income?
GRAIL, Inc. (GRAL) reported operating income of -$173.78M in Q2 2026.
How has GRAIL, Inc.'s operating income changed year-over-year?
GRAIL, Inc.'s operating income decreased by 9.4% year-over-year, from -$158.85M to -$173.78M.
What is the long-term trend for GRAIL, Inc.'s operating income?
Over 3 years (2022 to 2025), GRAIL, Inc.'s operating income has grown at a -53.1% compound annual growth rate (CAGR), from -$5.44B to -$562.16M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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