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

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

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

Grail (GRAL) has reported Free Cash Flow for 4 consecutive years, with -$87.5 million the latest figure, recorded in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$87.5 million, up 8.17% year-over-year; the trailing twelve-month figure through Mar 2026 was -$291.3 million (up 37.74% YoY), and the FY2025 annual result was -$299.0 million, up 48.65% from the prior year.
  • Free Cash Flow was -$87.5 million for Q1 2026 at Grail, down from -$63.8 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at -$63.2 million in Q3 2025 and troughed at -$209.8 million in Q1 2024.
  • Average Free Cash Flow over 4 years is -$114.1 million, with a median of -$98.5 million recorded in 2024.
  • Year-over-year, Free Cash Flow surged 54.78% in 2025 and increased 8.17% in 2026.
  • Over 4 years, Free Cash Flow stood at -$129.1 million in 2023, then grew by 23.75% to -$98.5 million in 2024, then jumped by 35.25% to -$63.8 million in 2025, then tumbled by 37.23% to -$87.5 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were -$87.5 million in Q1 2026, -$63.8 million in Q4 2025, and -$63.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -42.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 816.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 1.09 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 257.97 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 18.03 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 201.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 491.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 251.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 122.38 Mn
10 Grail 2.77 Bn 1.94 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