Grail (GRAL) Free Cash Flow (2023 - 2026)
Grail's (GRAL) quarterly Free Cash Flow came in at -$87.5 million in Q1 2026, up 8.17% YoY from -$80.9 million in Q1 2025, and down 37.23% on a QoQ basis from -$63.8 million in Q4 2025.
Grail (GRAL) Free Cash Flow (2023 - 2026) Analysis & Trends
Grail (GRAL) has 4 years of Free Cash Flow data on file, last reported at -$87.5 million in Q1 2026.
- Quarterly Free Cash Flow rose 8.17% year-over-year to -$87.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$291.3 million (up 37.74% YoY) and the FY2025 annual result came in at -$299.0 million, up 48.65% from the prior year.
- Free Cash Flow slipped to -$87.5 million in Q1 2026, from -$63.8 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$62.9 million in Q3 2025 to a low of -$209.8 million in Q1 2024.
- A 4-year average of -$114.1 million and a median of -$98.5 million in 2024 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2025 — Free Cash Flow surged 55.46% — and 2026, when it climbed 8.17%.
- Tracing GRAL's Free Cash Flow over 4 years: 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 -$62.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 1.68 Bn |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 1.27 Bn |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 322.52 Mn |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 201.00 Mn |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 360.00 Mn |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | 18.03 Mn |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 161.00 Mn |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 282.62 Mn |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 459.00 Mn |
| 10 | Grail | 3.01 Bn | 2.19 Bn | 19.54 Mn | -87.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -62.88 Mn |
| Sep 30, 2025 | -62.88 Mn |
| Jun 30, 2025 | -77.13 Mn |
| Jun 30, 2025 | -77.13 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 | -100.88 Mn |
| Sep 30, 2024 | -100.88 Mn |
| Jun 30, 2024 | -173.19 Mn |
| Jun 30, 2024 | -173.19 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 |