For the quarter ending 2026-03-31, GRAL had -$180,383K decrease in cash & cash equivalents over the period. -$87,492K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -93,187 | -99,176 | -88,977 | -220,198 |
| Goodwill and intangible assets impairment | - | 0 | 0 | 28,000 |
| Amortization of intangibles assets | 34,584 | 34,584 | 34,583 | 69,167 |
| Depreciation | 4,210 | 4,324 | 4,399 | 9,287 |
| Stock-based compensation expense | 16,793 | 13,765 | 14,139 | 30,379 |
| Credit loss expense | - | 332 | - | - |
| Cash payment for equity awards | - | 0 | 0 | 0 |
| Deferred income taxes | -34,548 | -17,342 | -29,741 | -79,070 |
| Amortization of discount on marketable securities | 6,565 | 4,611 | 4,795 | 11,811 |
| Credit loss expense | -271 | - | 106 | 412 |
| Other | 384 | 23 | -276 | -1,094 |
| Accounts receivable, net | 2,297 | 1,827 | 75 | -3,587 |
| Supplies | 1,177 | -2,163 | -1,354 | 902 |
| Operating lease right-of-use assets and liabilities, net | -182 | -264 | -398 | -363 |
| Prepaid expenses and other assets | 2,116 | -14 | 1,444 | -4,790 |
| Accounts payable | 2,633 | -1,296 | -2,842 | 1,405 |
| Accrued and other liabilities | -5,364 | 5,562 | 9,374 | -8,480 |
| Net cash used in operating activities | -86,989 | -63,785 | -63,245 | -171,977 |
| Proceeds from maturities of marketable securities | - | - | 306,500 | 587,900 |
| Purchases of property and equipment | 503 | 94 | 384 | 431 |
| Purchases of marketable securities | 337,835 | 566,408 | 239,443 | 502,489 |
| Proceeds from maturities of marketable securities | 244,900 | 1,224,200 | - | - |
| Net cash (used in) provided by investing activities | -93,438 | -236,702 | 66,673 | 84,980 |
| Proceeds from issuance of common stock-Private Placement | - | 311,319 | - | - |
| Proceeds from issuance of common stock-At The Market Offering | - | 107,477 | - | - |
| Issuance of common stock under espp | - | 4,525 | - | - |
| Cash funding received from illumina | - | 0 | 0 | 0 |
| Other | - | 0 | - | - |
| Net cash provided by financing activities | - | 423,321 | 0 | 0 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 44 | 1 | -338 | 190 |
| Net decrease in cash, cash equivalents, and restricted cash | -180,383 | 122,835 | 3,090 | -86,807 |
| Cash, cash equivalents and restricted cash beginning of period | 256,701 | 133,866 | 217,583 | - |
| Cash, cash equivalents and restricted cash end of period | 76,318 | 256,701 | 133,866 | - |
GRAIL, Inc. (GRAL)
GRAIL, Inc. (GRAL)