Filing Flows › Grail (GRAL) › Q3 2026 › vs Q2 2026
Grail (GRAL) Q3 2026 vs Q2 2026 (quarter over quarter)
Grail's revenue fell $7.2M (-16%) from $44.7M in Q2 2026 to $37.5M in Q3 2026. The biggest changes: Screening revenue −$5.4M (-13%); Development Services −$1.8M (-87%).
Grail, Q3 2026: revenue $37.5M (+4% year over year), operating margin -385.3%, net loss $104M, operating cash flow −$74.7M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Screening revenue | $37.3M | $42.6M | −$5.4M | -13% |
| Development Services | $266K | $2.0M | −$1.8M | -87% |
| Revenue | $37.5M | $44.7M | −$7.2M | -16% |
| Other income, net | $7.3M | $7.1M | $223K | +3% |
| Income tax benefit | $33.8M | $56.5M | −$22.7M | -40% |
| Net loss | $104M | $110M | −$6.7M | -6% |
| Costs & expenses | $182M | $218M | −$36.3M | -17% |
| Operating costs | $182M | $218M | −$36.3M | -17% |
| Research & development | $44.1M | $47.4M | −$3.4M | -7% |
| Sales & marketing | $41.7M | $37.7M | $4.0M | +11% |
| General & admin | $40.7M | $50.7M | −$10.0M | -20% |
| Other operating costs | $55.6M | $82.7M | −$27.0M | -33% |
| Operating cash sources | $126M | $138M | −$11.7M | -8% |
| Depreciation & amortization | $37.4M | $37.6M | −$212K | -0.6% |
| Share-based compensation | $14.1M | $19.6M | −$5.4M | -28% |
| Cash used in operations | $74.7M | $80.7M | −$6.0M | -7% |
| Net loss absorbed | $104M | $110M | −$6.7M | -6% |
| Working capital & other | $22.6M | $27.6M | −$5.0M | -18% |
Questions
How much did Grail's revenue grow quarter over quarter in Q3 2026?
Grail's revenue fell $7.2M (-16%) from $44.7M in Q2 2026 to $37.5M in Q3 2026.
What drove Grail's revenue change in Q3 2026?
Screening revenue −$5.4M (-13%); Development Services −$1.8M (-87%).