Grail (GRAL) Gross Margin (2023 - 2026)

Grail has reported Gross Margin for 4 years, with the latest figure at 24.81% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 3467.0% year-over-year to 24.81%; the trailing twelve-month figure through Mar 2026 stood at 28.02% (up 3674.0% YoY), and the FY2025 full-year result was 20.71%, up 4329.0% from the prior year.
• Gross Margin for Q1 2026 stood at 24.81%, down from 36.53% in the prior quarter.
• The five-year high for Gross Margin was 36.53% in Q4 2025, with the low at 81.75% in Q2 2023.
• Historically, Gross Margin has averaged 20.04% across 4 years, with a median of 17.1% in 2025.
• Annual changes were most pronounced in 2024 — Gross Margin surged 9551 bps — and 2025, when it surged 1633 bps.
• Grail's Gross Margin stood at 75.31% in 2023, then jumped by 127 bps to 20.2% in 2024, then jumped by 81 bps to 36.53% in 2025, then plunged by 32 bps to 24.81% in 2026.
• The last three Gross Margin figures came in at 24.81% (Q1 2026), 36.53% (Q4 2025), and 29.54% (Q3 2025), per Business Quant data.