Grail (GRAL) FCF Margin (2023 - 2026)

Grail's (GRAL) quarterly FCF Margin came in at 214.52% in Q1 2026, up 8475.0% YoY from 2.5% in Q1 2025, and down 46.69% on a QoQ basis from 146.24% in Q4 2025.

Grail (GRAL) FCF Margin (2023 - 2026) Analysis & Trends

Grail (GRAL) has 4 years of FCF Margin data on file, last reported at 214.52% in Q1 2026.

  • Quarterly FCF Margin rose 8475.0% year-over-year to 214.52% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 186.56% (up 17133.0% YoY) and the FY2025 annual result came in at 203.2%, up 26049.0% from the prior year.
  • FCF Margin slipped to 214.52% in Q1 2026, from 146.24% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 139.49% in Q4 2023 to a low of 785.28% in Q1 2024.
  • A 4-year average of 353.33% and a median of 257.42% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2024 — FCF Margin slumped 11792 bps — and 2025, when it soared 48600 bps.
  • Tracing GRAL's FCF Margin over 4 years: stood at 139.49% in 2023, then plunged by 85 bps to 257.42% in 2024, then jumped by 43 bps to 146.24% in 2025, then tumbled by 47 bps to 214.52% in 2026.
  • The last three FCF Margin figures came in at 214.52% (Q1 2026), 146.24% (Q4 2025), and 173.74% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 13.97%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 20.19%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 26.51%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 10.95%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 8.24%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 2.59%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 13.89%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 27.51%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 15.08%
10 Grail 3.01 Bn 2.19 Bn 19.54 Mn -214.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -214.52%
Dec 31, 2025 -146.24%
Sep 30, 2025 -173.74%
Jun 30, 2025 -216.99%
Mar 31, 2025 -299.27%
Dec 31, 2024 -257.42%
Sep 30, 2024 -352.08%
Jun 30, 2024 -541.71%
Mar 31, 2024 -785.28%
Dec 31, 2023 -139.49%
Oct 1, 2023 -759.88%