vs
Side-by-side financial comparison of Gloo Holdings, Inc. (GLOO) and GRAIL, Inc. (GRAL). Click either name above to swap in a different company.
GRAIL, Inc. is the larger business by last-quarter revenue ($43.6M vs $32.6M, roughly 1.3× Gloo Holdings, Inc.). Gloo Holdings, Inc. runs the higher net margin — -116.9% vs -227.5%, a 110.6% gap on every dollar of revenue. Gloo Holdings, Inc. produced more free cash flow last quarter ($-63.4M vs $-63.9M).
GRAIL, Inc. is an American biotechnology company based in Menlo Park, California founded in 2015 seeking to develop an early cancer screening test for people who do not have symptoms. As a startup it was a subsidiary of Illumina, which bought it outright in 2021.
GLOO vs GRAL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $32.6M | $43.6M |
| Net Profit | $-38.0M | $-99.2M |
| Gross Margin | — | — |
| Operating Margin | -82.0% | -285.4% |
| Net Margin | -116.9% | -227.5% |
| Revenue YoY | — | 14.0% |
| Net Profit YoY | 12.2% | -2.2% |
| EPS (diluted) | $-6.08 | $-2.37 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $32.6M | $43.6M | ||
| Q3 25 | — | $36.2M | ||
| Q2 25 | — | $35.5M | ||
| Q1 25 | — | $31.8M | ||
| Q4 24 | — | $38.3M | ||
| Q3 24 | — | $28.7M | ||
| Q2 24 | — | $32.0M | ||
| Q1 24 | — | $26.7M |
| Q4 25 | $-38.0M | $-99.2M | ||
| Q3 25 | — | $-89.0M | ||
| Q2 25 | — | $-114.0M | ||
| Q1 25 | — | $-106.2M | ||
| Q4 24 | — | $-97.1M | ||
| Q3 24 | — | $-125.7M | ||
| Q2 24 | — | $-1.6B | ||
| Q1 24 | — | $-218.9M |
| Q4 25 | -82.0% | -285.4% | ||
| Q3 25 | — | -346.2% | ||
| Q2 25 | — | -446.9% | ||
| Q1 25 | — | -482.5% | ||
| Q4 24 | — | -358.0% | ||
| Q3 24 | — | -640.5% | ||
| Q2 24 | — | -5133.8% | ||
| Q1 24 | — | -851.1% |
| Q4 25 | -116.9% | -227.5% | ||
| Q3 25 | — | -245.8% | ||
| Q2 25 | — | -320.7% | ||
| Q1 25 | — | -333.6% | ||
| Q4 24 | — | -253.8% | ||
| Q3 24 | — | -438.7% | ||
| Q2 24 | — | -4958.8% | ||
| Q1 24 | — | -819.3% |
| Q4 25 | $-6.08 | $-2.37 | ||
| Q3 25 | — | $-2.46 | ||
| Q2 25 | — | $-3.18 | ||
| Q1 25 | — | $-3.10 | ||
| Q4 24 | — | $-1.49 | ||
| Q3 24 | — | $-3.94 | ||
| Q2 24 | — | $-51.06 | ||
| Q1 24 | — | $-7.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.1M | $249.7M |
| Total DebtLower is stronger | $176.5M | — |
| Stockholders' EquityBook value | $-444.4M | $2.6B |
| Total Assets | $206.7M | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.1M | $249.7M | ||
| Q3 25 | — | $126.9M | ||
| Q2 25 | — | $127.4M | ||
| Q1 25 | — | $133.9M | ||
| Q4 24 | — | $214.2M | ||
| Q3 24 | — | $853.6M | ||
| Q2 24 | — | $958.8M | ||
| Q1 24 | — | $199.7M |
| Q4 25 | $176.5M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-444.4M | $2.6B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | — |
| Q4 25 | $206.7M | $2.9B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.3B | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-63.0M | $-63.8M |
| Free Cash FlowOCF − Capex | $-63.4M | $-63.9M |
| FCF MarginFCF / Revenue | -194.8% | -146.5% |
| Capex IntensityCapex / Revenue | 1.4% | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-299.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-63.0M | $-63.8M | ||
| Q3 25 | — | $-63.2M | ||
| Q2 25 | — | $-77.0M | ||
| Q1 25 | — | $-95.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-104.6M | ||
| Q2 24 | — | $-171.8M | ||
| Q1 24 | — | $-207.3M |
| Q4 25 | $-63.4M | $-63.9M | ||
| Q3 25 | — | $-63.6M | ||
| Q2 25 | — | $-77.3M | ||
| Q1 25 | — | $-95.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-105.6M | ||
| Q2 24 | — | $-173.2M | ||
| Q1 24 | — | $-209.8M |
| Q4 25 | -194.8% | -146.5% | ||
| Q3 25 | — | -175.8% | ||
| Q2 25 | — | -217.6% | ||
| Q1 25 | — | -298.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -368.4% | ||
| Q2 24 | — | -541.7% | ||
| Q1 24 | — | -785.3% |
| Q4 25 | 1.4% | 0.2% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | 9.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GLOO
| Platform Solutions | $12.7M | 39% |
| Advertising | $11.1M | 34% |
| Marketplace | $3.9M | 12% |
| Midwestern Acquisition | $2.7M | 8% |
| Servant Acquisition | $1.8M | 6% |
GRAL
| Screening Revenue | $42.3M | 97% |
| Developmental Services Revenue | $1.3M | 3% |
