Grail Inc Q4 2024 Earnings Report

Estimated Revenue:$36.5M

Estimated EPS:-$4.52

Key Takeaways

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.

Gross Profit

-$16M

Previous year: -$18.7M