Grail (GRAL) EBT (2023 - 2026)
Grail's (GRAL) quarterly EBT came in at -$166.7 million in Q2 2026, down 9.06% on a YoY basis from -$183.3 million in Q2 2025, and down 30.73% quarter-over-quarter from -$127.5 million in Q1 2026.
Analysis
Grail (GRAL) EBT (2023 - 2026) Analysis & Trends
Grail (GRAL) has reported EBT for 4 consecutive years, with -$166.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT fell 9.06% year-over-year to -$166.7 million; the trailing twelve-month figure through Jun 2026 stood at -$529.5 million (up 11.56% YoY), and the FY2025 full-year result was -$534.5 million, up 75.28% from the prior year.
- EBT declined to -$166.7 million in Q2 2026 per GRAL's latest filing, from -$127.5 million in the prior quarter.
- Across five years, EBT topped out at -$116.5 million in Q4 2025 and bottomed at -$1.6 billion in Q2 2024.
- Historically, EBT has averaged -$330.5 million across 4 years, with a median of -$166.7 million in 2026.
- The sharpest annual moves came in 2024 and 2025: EBT tumbled 707.77% in 2024, then jumped 90.67% in 2025.
- Over 4 years, EBT stood at -$193.0 million in 2023, then jumped by 34.21% to -$127.0 million in 2024, then increased by 8.25% to -$116.5 million in 2025, then sank by 43.07% to -$166.7 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$166.7 million, -$127.5 million, and -$116.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | -67.23 Mn |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 412.00 Mn |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 386.40 Mn |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | -119.96 Mn |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 8.82 Mn |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | -614,000.00 |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 78.05 Mn |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 7.52 Mn |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | -16.21 Mn |
| 10 | Grail | 3.61 Bn | 2.75 Bn | 21.34 Mn | -166.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -166.71 Mn |
| Mar 31, 2026 | -127.52 Mn |
| Dec 31, 2025 | -116.52 Mn |
| Sep 30, 2025 | -118.72 Mn |
| Jun 30, 2025 | -152.86 Mn |
| Mar 31, 2025 | -146.41 Mn |
| Dec 31, 2024 | -126.99 Mn |
| Sep 30, 2024 | -172.41 Mn |
| Jun 30, 2024 | -1.64 Bn |
| Mar 31, 2024 | -224.48 Mn |
| Dec 31, 2023 | -193.03 Mn |
| Oct 1, 2023 | -910.06 Mn |
| Jun 30, 2023 | -202.84 Mn |