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Filing Flows › Grail (GRAL) › Q2 2026 › vs Q1 2026

Grail (GRAL) Q2 2026 vs Q1 2026 (quarter over quarter)

Grail's revenue rose $3.9M (+10%) from $40.8M in Q1 2026 to $44.7M in Q2 2026. The biggest changes: Screening revenue +$2.8M (+7%); Development Services +$1.1M (+115%).

Grail, Q2 2026: revenue $44.7M (+26% year over year), operating margin -388.9%, net loss $110M, operating cash flow −$80.7M. The chart draws each line against Q1 2026, the increases inside each band.

Grail: what changed, Q2 2026 vs Q1 2026Grail: what changed, Q2 2026 vs Q1 2026Costs & expenses$41.9MOperating costs$41.9MOther operating costs$27.6MIncome tax benefit$22.1MWorking capital & other−$20.7MNet loss$17.1MNet loss absorbed$17.1MGeneral & admin$7.9MSales & marketing$7.0MCash used in operations−$6.3M

Every line

LineQ2 2026Q1 2026Change%
Screening revenue$42.6M$39.8M$2.8M+7%
Development Services$2.0M$953K$1.1M+115%
Revenue$44.7M$40.8M$3.9M+10%
Other income, net$7.1M$8.2M−$1.2M-14%
Income tax benefit$56.5M$34.3M$22.1M+64%
Net loss$110M$93.2M$17.1M+18%
Costs & expenses$218M$177M$41.9M+24%
Operating costs$218M$177M$41.9M+24%
Research & development$47.4M$48.0M−$592K-1%
Sales & marketing$37.7M$30.7M$7.0M+23%
General & admin$50.7M$42.8M$7.9M+19%
Other operating costs$82.7M$55.1M$27.6M+50%
Operating cash sources$138M$141M−$3.6M-3%
Depreciation & amortization$37.6M$37.7M−$105K-0.3%
Share-based compensation$19.6M$16.8M$2.8M+16%
Cash used in operations$80.7M$87.0M−$6.3M-7%
Net loss absorbed$110M$93.2M$17.1M+18%
Working capital & other$27.6M$48.3M−$20.7M-43%

Questions

How much did Grail's revenue grow quarter over quarter in Q2 2026?

Grail's revenue rose $3.9M (+10%) from $40.8M in Q1 2026 to $44.7M in Q2 2026.

What drove Grail's revenue change in Q2 2026?

Screening revenue +$2.8M (+7%); Development Services +$1.1M (+115%).

Q2 2026 results → · Compare in the interactive Sankey →