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GRAIL, Inc. GRAL Operating Income

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Segments

By segment

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Reportable Segment-$135.77M+11.6%

Other financials

Income statement

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Revenue$40.8M+28.1%
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 us-gaap:OperatingIncomeLoss.

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 operating income?
GRAIL, Inc. (GRAL) reported operating income of -$135.77M in Q1 2026.
How has GRAIL, Inc.'s operating income changed year-over-year?
GRAIL, Inc.'s operating income increased by 11.6% year-over-year, from -$153.61M to -$135.77M.
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.