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Side-by-side financial comparison of GRAIL, Inc. (GRAL) and InvenTrust Properties Corp. (IVT). Click either name above to swap in a different company.
InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $43.6M, roughly 1.8× GRAIL, Inc.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -227.5%, a 230.9% gap on every dollar of revenue. On growth, GRAIL, Inc. posted the faster year-over-year revenue change (14.0% vs 8.6%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $-63.9M). Over the past eight quarters, GRAIL, Inc.'s revenue compounded faster (27.7% CAGR vs 7.6%).
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.
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
GRAL vs IVT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.6M | $77.4M |
| Net Profit | $-99.2M | $2.7M |
| Gross Margin | — | — |
| Operating Margin | -285.4% | -11.0% |
| Net Margin | -227.5% | 3.4% |
| Revenue YoY | 14.0% | 8.6% |
| Net Profit YoY | -2.2% | -72.8% |
| EPS (diluted) | $-2.37 | $0.02 |
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 | $43.6M | $77.4M | ||
| Q3 25 | $36.2M | $74.5M | ||
| Q2 25 | $35.5M | $73.6M | ||
| Q1 25 | $31.8M | $73.8M | ||
| Q4 24 | $38.3M | $71.2M | ||
| Q3 24 | $28.7M | $68.5M | ||
| Q2 24 | $32.0M | $67.4M | ||
| Q1 24 | $26.7M | $66.8M |
| Q4 25 | $-99.2M | $2.7M | ||
| Q3 25 | $-89.0M | $6.0M | ||
| Q2 25 | $-114.0M | $95.9M | ||
| Q1 25 | $-106.2M | $6.8M | ||
| Q4 24 | $-97.1M | $9.8M | ||
| Q3 24 | $-125.7M | $-539.0K | ||
| Q2 24 | $-1.6B | $1.5M | ||
| Q1 24 | $-218.9M | $2.9M |
| Q4 25 | -285.4% | -11.0% | ||
| Q3 25 | -346.2% | -9.8% | ||
| Q2 25 | -446.9% | — | ||
| Q1 25 | -482.5% | -10.5% | ||
| Q4 24 | -358.0% | -3.6% | ||
| Q3 24 | -640.5% | -18.7% | ||
| Q2 24 | -5133.8% | -13.6% | ||
| Q1 24 | -851.1% | -13.1% |
| Q4 25 | -227.5% | 3.4% | ||
| Q3 25 | -245.8% | 8.1% | ||
| Q2 25 | -320.7% | 130.4% | ||
| Q1 25 | -333.6% | 9.2% | ||
| Q4 24 | -253.8% | 13.8% | ||
| Q3 24 | -438.7% | -0.8% | ||
| Q2 24 | -4958.8% | 2.2% | ||
| Q1 24 | -819.3% | 4.3% |
| Q4 25 | $-2.37 | $0.02 | ||
| Q3 25 | $-2.46 | $0.08 | ||
| Q2 25 | $-3.18 | $1.23 | ||
| Q1 25 | $-3.10 | $0.09 | ||
| Q4 24 | $-1.49 | $0.14 | ||
| Q3 24 | $-3.94 | $-0.01 | ||
| Q2 24 | $-51.06 | $0.02 | ||
| Q1 24 | $-7.05 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $249.7M | — |
| Total DebtLower is stronger | — | $825.9M |
| Stockholders' EquityBook value | $2.6B | $1.8B |
| Total Assets | $2.9B | $2.8B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $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 | — | $825.9M | ||
| Q3 25 | — | $764.6M | ||
| Q2 25 | — | $746.3M | ||
| Q1 25 | — | $740.7M | ||
| Q4 24 | — | $740.4M | ||
| Q3 24 | — | $740.1M | ||
| Q2 24 | — | $812.2M | ||
| Q1 24 | — | $827.5M |
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.3B | $1.8B | ||
| Q1 25 | $2.4B | $1.7B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.7B | $1.5B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $2.9B | $2.8B | ||
| Q3 25 | $2.6B | $2.7B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.8B | $2.6B | ||
| Q4 24 | $3.0B | $2.6B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $3.3B | $2.5B | ||
| Q1 24 | — | $2.5B |
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $-63.8M | $155.4M |
| Free Cash FlowOCF − Capex | $-63.9M | $110.9M |
| FCF MarginFCF / Revenue | -146.5% | 143.3% |
| Capex IntensityCapex / Revenue | 0.2% | 57.5% |
| Cash ConversionOCF / Net Profit | — | 58.41× |
| TTM Free Cash FlowTrailing 4 quarters | $-299.9M | $193.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-63.8M | $155.4M | ||
| Q3 25 | $-63.2M | $43.8M | ||
| Q2 25 | $-77.0M | $48.7M | ||
| Q1 25 | $-95.0M | $20.2M | ||
| Q4 24 | — | $136.9M | ||
| Q3 24 | $-104.6M | $38.4M | ||
| Q2 24 | $-171.8M | $46.7M | ||
| Q1 24 | $-207.3M | $14.8M |
| Q4 25 | $-63.9M | $110.9M | ||
| Q3 25 | $-63.6M | $31.4M | ||
| Q2 25 | $-77.3M | $38.0M | ||
| Q1 25 | $-95.1M | $12.8M | ||
| Q4 24 | — | $100.8M | ||
| Q3 24 | $-105.6M | $29.3M | ||
| Q2 24 | $-173.2M | $37.2M | ||
| Q1 24 | $-209.8M | $7.7M |
| Q4 25 | -146.5% | 143.3% | ||
| Q3 25 | -175.8% | 42.2% | ||
| Q2 25 | -217.6% | 51.6% | ||
| Q1 25 | -298.6% | 17.4% | ||
| Q4 24 | — | 141.5% | ||
| Q3 24 | -368.4% | 42.8% | ||
| Q2 24 | -541.7% | 55.2% | ||
| Q1 24 | -785.3% | 11.5% |
| Q4 25 | 0.2% | 57.5% | ||
| Q3 25 | 1.1% | 16.7% | ||
| Q2 25 | 1.0% | 14.6% | ||
| Q1 25 | 0.2% | 10.0% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | 3.4% | 13.3% | ||
| Q2 24 | 4.3% | 14.0% | ||
| Q1 24 | 9.5% | 10.6% |
| Q4 25 | — | 58.41× | ||
| Q3 25 | — | 7.27× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 2.97× | ||
| Q4 24 | — | 13.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 31.15× | ||
| Q1 24 | — | 5.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRAL
| Screening Revenue | $42.3M | 97% |
| Developmental Services Revenue | $1.3M | 3% |
IVT
Segment breakdown not available.
