Grail Inc Q4 2024 Earnings Report
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.
Grail Inc
Grail Inc
Forward Guidance
GRAIL plans to read out its registrational studies in 2025 and 2026 and complete its modular PMA submission in the first half of 2026.