Grail (GRAL) FCF Margin (2023 - 2026)

Grail (GRAL) reported FCF Margin of 214.52% for Q1 2026, up 8475.0% on a YoY basis from 2.5% in Q1 2025, and down 46.69% quarter-over-quarter from 146.24% in Q4 2025.

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

Grail has reported FCF Margin for 4 years, with the latest figure at 214.52% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 8475.0% year-over-year to 214.52%; the trailing twelve-month figure through Mar 2026 stood at 186.56% (up 17133.0% YoY), and the FY2025 full-year result was 203.2%, up 26049.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 214.52%, down from 146.24% in the prior quarter.
  • The five-year high for FCF Margin was 139.49% in Q4 2023, with the low at 785.28% in Q1 2024.
  • Historically, FCF Margin has averaged 353.44% across 4 years, with a median of 257.42% in 2024.
  • Annual changes were most pronounced in 2024 — FCF Margin slumped 11792 bps — and 2025, when it soared 48600 bps.
  • Grail's FCF Margin 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 174.58% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 7.41%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 22.61%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 10.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 11.83%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 2.59%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 12.92%
10 Grail 2.49 Bn 2.49 Bn 10.12 Mn -214.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 -214.52%
Dec 31, 2025 -146.24%
Sep 30, 2025 -174.58%
Jun 30, 2025 -216.14%
Mar 31, 2025 -299.27%
Dec 31, 2024 -257.42%
Sep 30, 2024 -363.62%
Jun 30, 2024 -531.37%
Mar 31, 2024 -785.28%
Dec 31, 2023 -139.49%
Oct 1, 2023 -759.88%