SequelSEC

GRAIL, Inc. GRAL

Services-Medical Laboratories · CIK 0001699031 · Fiscal year ends 1231

Revenue
$165.26M
Fiscal year ended 2026-06-30
Operating income
-$559.25M
Fiscal year ended 2026-06-30
Free cash flow
-$296.16M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$1.90BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$46.32Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue12.9×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.7×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Medical Laboratories filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio11.97x96th
SBC / revenue39.6%90th
FCF margin-203.8%12th
Net margin-277.5%14th
Operating margin-382.0%14th
CapEx / revenue0.6%18th
R&D / revenue133.0%81th
Revenue YoY growth17.2%60th

GRAIL, Inc. (GRAL) reported revenue of $165.26M and net income of -$391.59M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from GRAIL, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Medical Laboratories.

Income

GRAIL, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$165.26M
Cost of revenueUnavailable
Gross profitUnavailable
Operating income-$559.25M
Net income-$391.59M
Research & development$190.99M
Weighted-average diluted sharesUnavailable
Pretax income-$529.47M
Income tax expense-$137.88M
Diluted EPSUnavailable
Selling, general & administrative$291.09M
General & administrative$169.59M
Selling & marketing$121.50M

Balance

GRAIL, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$55.64M
Total assets$2.84B
Current assets$914.72M
Total liabilities$301.03M
Current liabilities$83.54M
Total equity incl. NCI$2.54B
Temporary (mezzanine) equityUnavailable
InventoryUnavailable
Accounts receivable$19.76M
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$7.24M

Cash flow

GRAIL, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow-$294.75M
Capital expenditures$1.41M
Investing cash flow-$310.04M
Financing cash flowUnavailable
Net change in cash-$68.16M
Stock-based compensation$64.25M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortizationUnavailable

Derived

GRAIL, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow-$296.16M
Gross marginUnavailable
Operating margin-338.4%
FCF margin-179.2%
SBC / revenue38.9%
Current ratio10.95x
Revenue YoY growth23.1%
Net margin-236.9%
R&D / revenue115.6%
CapEx / revenue0.9%
Long-term debt / equityUnavailable
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GRAL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-12View SEC filing
10-Q · Filed 2025-11-13View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-14View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.