Grail (GRAL) Free Cash Flow (2023 - 2026)

Grail (GRAL) reported Free Cash Flow of -$87.5 million for Q1 2026, up 8.17% on a YoY basis from -$80.9 million in Q1 2025, and down 37.23% quarter-over-quarter from -$63.8 million in Q4 2025.

Grail (GRAL) Free Cash Flow (2023 - 2026) Analysis & Trends

Grail has reported Free Cash Flow for 4 years, with the latest figure at -$87.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 8.17% year-over-year to -$87.5 million; the trailing twelve-month figure through Mar 2026 stood at -$291.3 million (up 37.74% YoY), and the FY2025 full-year result was -$299.0 million, up 48.65% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$87.5 million, down from -$63.8 million in the prior quarter.
  • The five-year high for Free Cash Flow was -$63.2 million in Q3 2025, with the low at -$209.8 million in Q1 2024.
  • Historically, Free Cash Flow has averaged -$114.1 million across 4 years, with a median of -$98.5 million in 2024.
  • Annual changes were most pronounced in 2025 — Free Cash Flow soared 54.78% — and 2026, when it climbed 8.17%.
  • Grail's Free Cash Flow stood at -$129.1 million in 2023, then gained by 23.75% to -$98.5 million in 2024, then jumped by 35.25% to -$63.8 million in 2025, then plunged by 37.23% to -$87.5 million in 2026.
  • The last three Free Cash Flow figures came in at -$87.5 million (Q1 2026), -$63.8 million (Q4 2025), and -$63.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn -42.00 Mn
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 816.00 Mn
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 1.09 Bn
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 257.97 Mn
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 201.00 Mn
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 18.03 Mn
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 491.00 Mn
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 251.00 Mn
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 122.38 Mn
10 Grail 2.47 Bn 2.47 Bn 10.12 Mn -87.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -87.49 Mn
Mar 31, 2026 -87.49 Mn
Dec 31, 2025 -63.76 Mn
Dec 31, 2025 -63.76 Mn
Sep 30, 2025 -63.19 Mn
Sep 30, 2025 -63.19 Mn
Jun 30, 2025 -76.82 Mn
Jun 30, 2025 -76.82 Mn
Mar 31, 2025 -95.28 Mn
Mar 31, 2025 -95.28 Mn
Dec 31, 2024 -98.47 Mn
Dec 31, 2024 -98.47 Mn
Sep 30, 2024 -104.18 Mn
Sep 30, 2024 -104.18 Mn
Jun 30, 2024 -169.88 Mn
Jun 30, 2024 -169.88 Mn
Mar 31, 2024 -209.83 Mn
Mar 31, 2024 -209.83 Mn
Dec 31, 2023 -129.14 Mn
Dec 31, 2023 -129.14 Mn