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GRAIL, Inc. GRAL Operating margin

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

Profitability

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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

Calculated from GRAIL, Inc.’s reported figures.

Based on trailing twelve months.

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

Filed
Aug 6, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054307

FAQ

What is GRAIL, Inc.'s operating margin?
GRAIL, Inc. (GRAL) reported operating margin of -338.4% in Q2 2026.
How has GRAIL, Inc.'s operating margin changed year-over-year?
GRAIL, Inc.'s operating margin increased by 28.2% year-over-year, from -471.3% to -338.4%.
What is the long-term trend for GRAIL, Inc.'s operating margin?
Over 3 years (2022 to 2025), GRAIL, Inc.'s operating margin has grown at a -66.1% compound annual growth rate (CAGR), from -9,798.2% to -382%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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