GRAIL, Inc. (GRAL) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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GRAL Revenue Growth
Revenue Breakdown
GRAL's revenue distribution by segment and geography
By Geography
GRAL Revenue Analysis (2018–2025)
As of May 8, 2026, GRAIL, Inc. (GRAL) generated trailing twelve-month (TTM) revenue of $156.1 million, reflecting exceptional growth of +28.1% year-over-year. The most recent quarter (Q1 2026) recorded $40.8 million in revenue, down 6.4% sequentially.
Looking at the longer-term picture, GRAL's historical revenue data shows a 3-year CAGR of +38.4%. The company achieved its highest annual revenue of $147.2 million in 2025, representing a new all-time high.
When compared to Healthcare sector peers including EXAS (+17.7% YoY), ILMN (+1.2% YoY), and GH (+39.6% YoY), GRAL has underperformed the peer group in terms of revenue growth. Compare GRAL vs EXAS →
GRAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GRALCurrent | $156M | +28.1% | - | -363.0% | |
 EXAS | $3.2B | +17.7% | +16.8% | -6.4% | |
 ILMN | $4.3B | +1.2% | +6.0% | 19.9% | |
 GH | $982M | +39.6% | +27.9% | -44.4% | |
 NTRA | $2.3B | +36.6% | +42.6% | -13.4% | |
 FDMT | $85M | +370313.0% | +44.3% | -187.2% |
GRAL Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $147.2M | +17.2% | $-62,573,000 | -42.5% | $-534,163,000 | -363.0% |
| 2024 | $125.6M | +34.9% | $-78,022,000 | -62.1% | $-2,189,158,000 | -1743.0% |
| 2023 | $93.1M | +67.6% | $-95,611,000 | -102.7% | $-1,515,382,000 | -1627.6% |
| 2022 | $55.5M | +280.2% | $-116,447,000 | -209.6% | $-5,442,890,000 | -9798.2% |
| 2021 | $14.6M | - | $-100,003,000 | -684.4% | $-1,265,342,000 | -8659.6% |
| 2020 | $0 | - | $0 | - | $-316,415,000 | - |
| 2019 | $0 | - | $0 | - | $-255,663,000 | - |
| 2018 | $0 | - | $0 | - | $-287,496,000 | - |
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Start ComparisonGRAL — Frequently Asked Questions
Quick answers to the most common questions about buying GRAL stock.
Is GRAL's revenue growth accelerating or slowing?
GRAL revenue is accelerating at +28.1% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $156M. Growth momentum has increased versus prior periods.
What is GRAL's long-term revenue growth rate?
GRAIL, Inc.'s 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +28.1% is above this long-term average.
How is GRAL's revenue distributed by segment?
GRAL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.