Grail (GRAL) Research & Development (2023 - 2026)

Grail (GRAL) has 4 years of Research & Development data on file, last reported at $48.0 million in Q1 2026.

• Quarterly Research & Development fell 10.45% year-over-year to $48.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $250.1 million (down 24.03% YoY) and the FY2025 annual result came in at $195.8 million, down 39.27% from the prior year.
• Research & Development eased to $48.0 million in Q1 2026, from $106.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $323.2 million in Q4 2023 to a low of $35.6 million in Q3 2024.
• A 4-year average of $85.6 million and a median of $47.4 million in 2024 frame the typical range for Research & Development.
• The widest YoY moves for Research & Development: up 36.55% in 2025, down 46.33% in 2025.
• Tracing GRAL's Research & Development over 4 years: stood at $323.2 million in 2023, then tumbled by 38.45% to $198.9 million in 2024, then sank by 46.33% to $106.8 million in 2025, then plunged by 55.03% to $48.0 million in 2026.
• The last three Research & Development figures came in at $48.0 million (Q1 2026), $106.8 million (Q4 2025), and $48.6 million (Q3 2025), per Business Quant data.