GRAIL

Q2 FY2026 EarningsQ2 FY26 exceeded consensus expectations with total revenue of $44.7M vs. $42.4M expected, driven by a 24% YoY surge in Galleri test revenue. GAAP EPS loss of -$2.56 was narrower than the -$2.65 mean consensus, benefiting from higher-than-anticipated tax benefits. Despite a 35% YoY increase in test volume and a strategic $110M equity financing from Samsung, the company continues to operate at a significant GAAP gross loss and reported an adjusted EBITDA loss of -$90.3M.