NASDAQ$GRAL

Grail Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

GRAL reported Q3 2025 revenue of $36.2M, a net loss of $89.0M.

For Q3 2025, GRAL reported Revenue was $36.2M, net loss was $89.0M. The filing discusses operating performance, liquidity, and outlook in MD&A.

  • Revenue $36.2M for Q3 2025.
  • Net loss $89.0M.
  • MD&A covers R&D, cash runway, and sector-specific risks.

Headline financials

Total Revenue

$36.2M

Previous: $28.7M+26.3%
EPS (adj)

-$2.46

Previous: -$3.94+37.6%
Revenue growth

26.0%

No prior period
Adjusted Gross Profit

$20M

Previous: $11.8M+69.3%
Adjusted EBITDA

-$71.7M

Previous: -$108M+33.7%
Capital Expenditures

-$815K

No prior period
Net Income

-$89M

Previous: -$126M+29.2%
Operating Income

-$125M

Previous: -$184M+31.7%

Revenue & EPS history

Grail Inc · Revenue · Quarterly

$36.2M

Q3 2025+26.3%vs Q3 2024
Beat estimate in 2 of 4 quarters(50%)
ActualEstimate

Revenue by segment

Grail Inc · $26.7M total across 2 segments · Q1 2024

  • Screening revenue
    $23.5M
  • Development services
    $3.18M

Forward guidance

Outlook focuses on cash runway, pipeline milestones, and cost discipline as the company works toward profitability.

Tailwinds

  • Cash and equivalents support operations into upcoming milestones.
  • Clinical or product pipeline progress noted in MD&A.

Headwinds

  • Ongoing operating losses and R&D spend pressure near-term earnings.
  • Financing, dilution, or partnership timing may affect liquidity.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-4.0%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+4.5%

Avg return

30 days after

50%

4 / 8 earnings

Positive

+4.8%

Q3 2023

Best reaction

-23.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.8%+12.5%+10.2%
Q3 2025-1.9%-3.9%+7.1%
Q1 2025-23.6%-10.9%-3.7%
Q4 2024-14.7%-8.1%-36.6%
Q3 2023+4.8%-7.2%+46.9%
Q3 2024+4.1%-3.3%+35.8%
Q2 2023+0.1%+9.0%-11.8%
Q2 2024+0.1%+9.0%-11.8%
Q1 2024
Q4 2023
Q1 2023
Q3 2020
Q3 2019

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