Filing Flows › Grail (GRAL) › Q2 2026 › vs Q2 2025
Grail (GRAL) Q2 2026 vs Q2 2025 (year over year)
Grail's revenue rose $9.1M (+26%) from $35.5M in Q2 2025 to $44.7M in Q2 2026. The biggest changes: Screening revenue +$8.3M (+24%); Development Services +$880K (+76%).
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 Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Screening revenue | $42.6M | $34.4M | $8.3M | +24% |
| Development Services | $2.0M | $1.2M | $880K | +76% |
| Revenue | $44.7M | $35.5M | $9.1M | +26% |
| Other income, net | $7.1M | $6.0M | $1.1M | +18% |
| Income tax benefit | $56.5M | $38.9M | $17.6M | +45% |
| Net loss | $110M | $114M | −$3.7M | -3% |
| Costs & expenses | $218M | $194M | $24.1M | +12% |
| Operating costs | $218M | $194M | $24.1M | +12% |
| Research & development | $47.4M | $46.6M | $803K | +2% |
| Sales & marketing | $37.7M | $28.5M | $9.1M | +32% |
| General & admin | $50.7M | $37.9M | $12.8M | +34% |
| Other operating costs | $82.7M | $81.3M | $1.4M | +2% |
| Operating cash sources | $138M | $129M | $8.7M | +7% |
| Depreciation & amortization | $37.6M | $38.1M | −$487K | -1% |
| Share-based compensation | $19.6M | $14.2M | $5.4M | +38% |
| Cash used in operations | $80.7M | $77.0M | $3.8M | +5% |
| Net loss absorbed | $110M | $114M | −$3.7M | -3% |
| Working capital & other | $27.6M | $15.2M | $12.4M | +82% |
Questions
How much did Grail's revenue grow year over year in Q2 2026?
Grail's revenue rose $9.1M (+26%) from $35.5M in Q2 2025 to $44.7M in Q2 2026.
What drove Grail's revenue change in Q2 2026?
Screening revenue +$8.3M (+24%); Development Services +$880K (+76%).