Grail Inc
NASDAQ:GRAL

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Grail Inc
NASDAQ:GRAL
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Price: 100.98 USD -3.56% Market Closed
Market Cap: 3.9B USD

Grail Inc
Investor Relations

Grail Inc is a US-based company operating in Biotechnology industry. The company is headquartered in Menlo Park, California and currently employs 1,370 full-time employees. The company went IPO on 2024-06-12. GRAIL, Inc., formerly GRAIL, LLC, is a healthcare company, which is engaged in saving lives and shifting the paradigm in early cancer detection. The company is focused on alleviating the global burden of cancer by using next-generation sequencing, population-scale clinical studies, and machine learning, software, and automation to detect and identify multiple deadly cancer types in earlier stages. Its targeted methylation-based platform can support the continuum of care for screening and precision oncology, including multi-cancer early detection in symptomatic patients, risk stratification, minimal residual disease detection, biomarker subtyping, treatment and recurrence monitoring. Its products include Galleri and Beyond. The Galleri test is a commercially available screening test for early detection of multiple types of cancer, which is termed multi-cancer early detection (MCED). Galleri screening test results can help guide next steps for a diagnosis of cancer by healthcare providers.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 12, 2025
AI Summary
Q3 2025

Strong Growth: Galleri test volumes grew 39% and revenue rose 29% year-over-year in Q3, showing continued market uptake.

Financial Improvement: Net loss improved by 29% versus last year, and cash burn guidance for 2025 was reduced further to no more than $290 million.

Robust Cash Position: GRAIL ended Q3 with $547.1 million in cash and investments, expected to reach about $850 million after financing, not including a pending $110 million Samsung investment.

Clinical Milestones: New PATHFINDER 2 results showed Galleri's positive predictive value at 61.6% and specificity at 99.6%; updated SIMPLIFY data raised PPV in symptomatic patients to 84.2%.

FDA Timeline Update: The PMA submission timeline was accelerated and is now targeted for Q1 2026 instead of the first half of 2026.

International Expansion: GRAIL announced a collaboration with Samsung to commercialize Galleri in key Asian markets and launched in Canada with Medcan.

Key Financials
Revenue
$36.2 million
Screening Revenue
$32.8 million
Development Service Revenue
$3.4 million
U.S. Galleri Revenue
$32.6 million
Galleri Tests Sold
over 45,000 tests
Cumulative Galleri Commercial Tests Sold
approximately 420,000 tests
Net Loss
$89 million
Gross Loss
$13.7 million
Non-GAAP Adjusted Gross Profit
$20 million
Non-GAAP Adjusted Gross Margin
55%
Cash and Investments (Q3 end)
$547.1 million
Cash and Investments (post-October financing)
approximately $850 million
Cash Burn Guidance 2025
no more than $290 million
PATHFINDER 2 Positive Predictive Value (PPV)
61.6%
PATHFINDER 2 Specificity
99.6%
PATHFINDER 2 False Positive Rate
0.4%
PATHFINDER 2 Median Diagnostic Resolution Time
46 days
SIMPLIFY Updated PPV
84.2%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Robert P. Ragusa
CEO & Director
No Bio Available
Dr. Joshua J. Ofman M.D., M.S.H.S
President
No Bio Available
Mr. Aaron Freidin
Chief Financial Officer
No Bio Available
Mr. Paul Ciccolella
Senior VP of Global Development & Operations
No Bio Available
Ms. Amoolya Singh Ph.D.
Senior VP of Research & Chief Scientific Officer
No Bio Available
Mr. Abram Barth J.D., M.P.H.
General Counsel
No Bio Available
Ms. Julie Currie
Chief People Officer
No Bio Available
Mr. Rodger Currie
VP and Head of Government Affairs & Alliance Development
No Bio Available
Sir Harpal S. Kumar M.A., M.B.A., MA, MBA, MEng
President Biopharma Business & Europe
No Bio Available
Dr. Satnam Alag Ph.D.
Senior VP of Software Engineering & Chief Security Officer
No Bio Available

Contacts

Address
CALIFORNIA
Menlo Park
1525 O'brien Drive
Contacts
+16507719796
www.galleri.com