Grail (GRAL) Net Margin (2023 - 2026)
Grail (GRAL) recorded Net Margin of -246.71% in Q2 2026, up 73.98 percentage points from -320.69% a year earlier but down 18.23 percentage points from the prior quarter.
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Analysis
Grail (GRAL) Net Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Grail's Net Margin came in at -249.09% as of Jun 30, 2026, up 80.77 percentage points year-over-year; for FY2025, it was -277.47%, up 1336.46 percentage points from FY2024.
- Annual Net Margin has a three-year change of +9441.88 percentage points (FY2022 to FY2025).
- Across earlier years, Net Margin came in at -1613.92% in FY2024 (-39.69 pp), -1574.23% in FY2023 (+8145.12 pp) and -9719.35% in FY2022.
- Quarterly Net Margin has ranged from -4958.83% in Q2 2024 to -202.57% in Q4 2023 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last seven quarters, with an average year-over-year change of +1329.69 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 4638.14 percentage points in Q2 2025, against a drop of 4097.56 percentage points in Q2 2024 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 108.69 Bn | 104.79 Bn | - | 7.96% |
| 2 | Natera | 52.45 Bn | 48.13 Bn | 485.19 Mn | -8.90% |
| 3 | Labcorp Holdings | 29.57 Bn | 27.66 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 27.91 Bn | 25.68 Bn | 1.04 Bn | 10.07% |
| 5 | Tenet Healthcare | 22.86 Bn | 12.17 Bn | - | 17.76% |
| 6 | Guardant Health | 20.51 Bn | 16.58 Bn | 219.03 Mn | -35.87% |
| 7 | Encompass Health | 13.84 Bn | 13.48 Bn | - | 9.31% |
| 8 | BrightSpring Health Services | 13.64 Bn | 11.40 Bn | 518.55 Mn | 2.38% |
| 9 | Tempus AI | 12.73 Bn | 9.88 Bn | 266.70 Mn | -3.61% |
| 10 | Grail | 5.32 Bn | 2.19 Bn | 20.91 Mn | -246.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -246.71% |
| Mar 31, 2026 | -228.48% |
| 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% |
API Access
Grail Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=GRAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "GRAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=GRAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();