GRAIL, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | — | $147.2M | $125.6M | $93.1M |
| Cost of Revenue | — | — | — | — |
| Gross Profit | — | — | — | — |
| Gross Margin | — | — | — | — |
| Operating Expenses | ||||
| Research & Development | — | $195.8M | $322.4M | $338.7M |
| SG&A Expense | — | $159.1M | $213.9M | $200.3M |
| Operating Income | — | $-562.2M | $-2.19B | $-1.52B |
| Operating Margin | — | -382.0% | -1,743.0% | -1,627.6% |
| Interest Expense | — | — | — | — |
| Pretax Income | — | $-534.5M | $-2.16B | $-1.51B |
| Income Tax Expense | — | $-126.2M | $-135.4M | $-42.0M |
| Net Income | — | $-408.4M | $-2.03B | $-1.47B |
| Net Margin | — | -277.5% | -1,613.9% | -1,574.2% |
| EPS (Basic) | — | $-11.11 | $-63.54 | $-47.21 |
| EPS (Diluted) | — | $-11.11 | $-63.54 | $-47.21 |
| Shares Outstanding (Basic) | 41.0M | 36.8M | 31.9M | 31.0M |
| Shares Outstanding (Diluted) | 41.0M | 36.8M | 31.9M | 31.0M |
| Dividends Per Share | — | — | — | — |