Grail (GRAL) Operating Expenses (2023 - 2026)

Grail has reported Operating Expenses for 4 years, with the latest figure at $176.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 4.8% year-over-year to $176.5 million; the trailing twelve-month figure through Mar 2026 stood at $700.4 million (down 68.81% YoY), and the FY2025 full-year result was $709.3 million, down 69.36% from the prior year.
• Operating Expenses for Q1 2026 stood at $176.5 million, up from $168.0 million in the prior quarter.
• The five-year high for Operating Expenses was $1.7 billion in Q2 2024, with the low at $161.5 million in Q3 2025.
• Historically, Operating Expenses has averaged $382.1 million across 4 years, with a median of $203.3 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses soared 637.83% — and 2025, when it plunged 88.38%.
• Grail's Operating Expenses stood at $224.9 million in 2023, then fell by 22.11% to $175.2 million in 2024, then dropped by 4.1% to $168.0 million in 2025, then rose by 5.08% to $176.5 million in 2026.
• The last three Operating Expenses figures came in at $176.5 million (Q1 2026), $168.0 million (Q4 2025), and $161.5 million (Q3 2025), per Business Quant data.