GRAIL reported a 26% increase in fourth-quarter revenue, reaching $38.3 million, with Galleri revenue growing 39% to $31.6 million. The company's net loss for the quarter was $97.1 million. GRAIL ended the year with a strong cash position of $767 million, extending its operational runway into 2028.
Fourth quarter revenue increased by 26% year-over-year, reaching $38.3 million.
Galleri revenue grew by 39% year-over-year to $31.6 million in the fourth quarter.
Net loss for the quarter was $97.1 million, including amortization of Illumina acquisition-related intangible items.
Ended 2024 with a cash position of $767 million, extending runway into 2028.
GRAIL plans to read out its registrational studies in 2025 and 2026 and complete its modular PMA submission in the first half of 2026.