Grail (GRAL) Net Margin (2023 - 2026)

Grail (GRAL) reported Net Margin of 228.48% for Q1 2026, up 10513.0% on a YoY basis from N/an in Q1 2025, and little changed quarter-over-quarter from 227.48% in Q4 2025.

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

Grail has reported Net Margin for 4 years, with the latest figure at 228.48% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 10513.0% year-over-year to 228.48%; the trailing twelve-month figure through Mar 2026 stood at 253.22% (up 121131.0% YoY), and the FY2025 full-year result was 277.47%, up 133646.0% from the prior year.
  • Net Margin for Q1 2026 stood at 228.48%, roughly flat from 227.48% in the prior quarter.
  • The five-year high for Net Margin was 202.57% in Q4 2023, with the low at 4958.83% in Q2 2024.
  • Historically, Net Margin has averaged 1099.37% across 4 years, with a median of 327.15% in 2025.
  • Annual changes were most pronounced in 2024 — Net Margin plunged 409756 bps — and 2025, when it jumped 463814 bps.
  • Grail's Net Margin stood at 202.57% in 2023, then slipped by 25 bps to 253.75% in 2024, then grew by 10 bps to 227.48% in 2025, then declined by 0 bps to 228.48% in 2026.
  • The last three Net Margin figures came in at 228.48% (Q1 2026), 227.48% (Q4 2025), and 245.83% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -5.68%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 15.06%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 17.29%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 24.41%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 18.47%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 3.40%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -12.22%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 12.28%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 17.89%
10 Grail 2.49 Bn 2.49 Bn 10.12 Mn -228.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 -228.48%
Dec 31, 2025 -227.48%
Sep 30, 2025 -245.83%
Jun 30, 2025 -320.69%
Mar 31, 2025 -333.61%
Dec 31, 2024 -253.75%
Sep 30, 2024 -438.67%
Jun 30, 2024 -4,958.83%
Mar 31, 2024 -819.26%
Dec 31, 2023 -202.57%
Oct 1, 2023 -4,301.94%
Jun 30, 2023 -861.27%