Grail (GRAL) EBITDA Margin (2023 - 2026)
Grail's EBITDA Margin was -304.80% in Q2 2026, up 35.03 percentage points from -339.83% a year earlier but down 67.04 percentage points from the prior quarter.
Grail (GRAL) EBITDA Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Grail's EBITDA Margin was -257.63% through Jun 30, 2026, up 97.53 percentage points year-over-year; for FY2025, it came in at -275.74%, up 1341.44 percentage points from FY2024.
- EBITDA Margin shows a three-year change of +9243.84 percentage points (FY2022 to FY2025).
- In earlier years, EBITDA Margin was -1617.18% in FY2024 (-160.03 pp), -1457.16% in FY2023 (+8062.42 pp) and -9519.58% in FY2022.
- Quarterly EBITDA Margin has moved between -5010.59% (Q2 2024) and -167.07% (Q4 2023) over five years.
- Compared with a year earlier, EBITDA Margin was higher in six of the last seven quarters, with an average year-over-year change of +1293.43 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.89 Bn | 96.90 Bn | - | 20.01% |
| 2 | Natera | 56.39 Bn | 52.08 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 26.08 Bn | 24.21 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 26.01 Bn | 23.76 Bn | 1.11 Bn | 16.90% |
| 5 | Tenet Healthcare | 22.37 Bn | 11.38 Bn | - | 30.60% |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | -35.69% |
| 7 | Fresenius Medical Care AG | 12.90 Bn | 4.86 Bn | 1.52 Bn | 16.93% |
| 8 | Encompass Health | 12.62 Bn | 12.28 Bn | - | 24.09% |
| 9 | BrightSpring Health Services | 12.53 Bn | 10.86 Bn | 492.75 Mn | 4.51% |
| 10 | Grail | 5.08 Bn | 1.95 Bn | 20.91 Mn | -304.80% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -304.80% |
| Mar 31, 2026 | -237.76% |
| Sep 30, 2025 | -238.42% |
| Jun 30, 2025 | -339.83% |
| Mar 31, 2025 | -359.10% |
| Dec 31, 2024 | -255.01% |
| Sep 30, 2024 | -503.49% |
| Jun 30, 2024 | -5,010.59% |
| Mar 31, 2024 | -701.41% |
| Dec 31, 2023 | -167.07% |
| Oct 1, 2023 | -4,210.94% |
Grail EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=GRAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "GRAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=GRAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();