earnings
confidence high
sentiment neutral
materiality 0.75
GRAIL Q2 2026 revenue up 26% to $44.7M; Galleri volume up 35% YoY; net loss $110.2M
GRAIL, Inc.
- Total revenue $44.7M (+26% YoY); Galleri test revenue $42.6M (+24% YoY); test volume >61,000 (+35% YoY).
- Net loss $110.2M, improved $3.7M (3%) YoY; gross loss $12.6M, improved 29%.
- Non-GAAP adjusted gross profit $21.6M (+34% YoY); adjusted EBITDA -$90.3M.
- Completed $110M equity financing with Samsung; PMA submitted, FDA advisory committee expected in fall.
- Presented NHS-Galleri and PATHFINDER 2 results at ASCO 2026, showing consistent performance.