GRAIL Q3 revenue rises 4% to $37.5 million; net loss widens 16% to $103.6 million
GRAIL reported third-quarter 2026 results on November 4, 2026. Total revenue grew 4% to $37.5 million, but net loss widened 16% to $103.6 million and gross loss grew 32% to $18.1 million. The company said an FDA decision on Galleri is anticipated by early Q1 2027, following a favorable September Advisory Committee vote.
Key points
- Galleri test revenue rose 14% year over year to $37.3 million, and Galleri test volume rose about 24% to more than 56,000 tests.
- Net loss was $103.6 million, up $14.6 million, or 16%; loss per share was $(2.21), compared with $(2.46) a year earlier.
- Adjusted gross profit fell 20% to $15.9 million, and adjusted EBITDA was $(92.6) million, an increase in loss of $20.9 million.
- Cash, cash equivalents and short-term marketable securities totaled $788.7 million as of September 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.