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Side-by-side financial comparison of GRAIL, Inc. (GRAL) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

GRAIL, Inc. is the larger business by last-quarter revenue ($43.6M vs $27.6M, roughly 1.6× Maison Solutions Inc.). Maison Solutions Inc. runs the higher net margin — -18.0% vs -227.5%, a 209.5% gap on every dollar of revenue. On growth, GRAIL, Inc. posted the faster year-over-year revenue change (14.0% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 27.7%).

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.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

GRAL vs MSS — Head-to-Head

Bigger by revenue
GRAL
GRAL
1.6× larger
GRAL
$43.6M
$27.6M
MSS
Growing faster (revenue YoY)
GRAL
GRAL
+24.9% gap
GRAL
14.0%
-10.9%
MSS
Higher net margin
MSS
MSS
209.5% more per $
MSS
-18.0%
-227.5%
GRAL
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
27.7%
GRAL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
GRAL
GRAL
MSS
MSS
Revenue
$43.6M
$27.6M
Net Profit
$-99.2M
$-5.0M
Gross Margin
23.4%
Operating Margin
-285.4%
-4.9%
Net Margin
-227.5%
-18.0%
Revenue YoY
14.0%
-10.9%
Net Profit YoY
-2.2%
-1840.5%
EPS (diluted)
$-2.37
$-0.23

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.

Revenue
GRAL
GRAL
MSS
MSS
Q4 25
$43.6M
$27.6M
Q3 25
$36.2M
$27.2M
Q2 25
$35.5M
$34.4M
Q1 25
$31.8M
$32.3M
Q4 24
$38.3M
$29.4M
Q3 24
$28.7M
$28.2M
Q2 24
$32.0M
$16.9M
Q1 24
$26.7M
$13.6M
Net Profit
GRAL
GRAL
MSS
MSS
Q4 25
$-99.2M
$-5.0M
Q3 25
$-89.0M
$-1.5M
Q2 25
$-114.0M
$-287.4K
Q1 25
$-106.2M
$1.0M
Q4 24
$-97.1M
$-256.0K
Q3 24
$-125.7M
$700.9K
Q2 24
$-1.6B
$-2.8M
Q1 24
$-218.9M
$-549.0K
Gross Margin
GRAL
GRAL
MSS
MSS
Q4 25
23.4%
Q3 25
24.1%
Q2 25
9.5%
Q1 25
21.8%
Q4 24
26.9%
Q3 24
28.9%
Q2 24
13.0%
Q1 24
23.4%
Operating Margin
GRAL
GRAL
MSS
MSS
Q4 25
-285.4%
-4.9%
Q3 25
-346.2%
0.7%
Q2 25
-446.9%
-15.9%
Q1 25
-482.5%
3.7%
Q4 24
-358.0%
3.2%
Q3 24
-640.5%
7.3%
Q2 24
-5133.8%
-14.4%
Q1 24
-851.1%
-2.3%
Net Margin
GRAL
GRAL
MSS
MSS
Q4 25
-227.5%
-18.0%
Q3 25
-245.8%
-5.7%
Q2 25
-320.7%
-0.8%
Q1 25
-333.6%
3.1%
Q4 24
-253.8%
-0.9%
Q3 24
-438.7%
2.5%
Q2 24
-4958.8%
-16.4%
Q1 24
-819.3%
-4.0%
EPS (diluted)
GRAL
GRAL
MSS
MSS
Q4 25
$-2.37
$-0.23
Q3 25
$-2.46
$-0.08
Q2 25
$-3.18
$-0.02
Q1 25
$-3.10
$0.06
Q4 24
$-1.49
$-0.01
Q3 24
$-3.94
$0.04
Q2 24
$-51.06
$-0.16
Q1 24
$-7.05
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRAL
GRAL
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$249.7M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$2.6B
$11.6M
Total Assets
$2.9B
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAL
GRAL
MSS
MSS
Q4 25
$249.7M
Q3 25
$126.9M
$1.1M
Q2 25
$127.4M
$775.4K
Q1 25
$133.9M
$445.4K
Q4 24
$214.2M
$355.7K
Q3 24
$853.6M
$588.9K
Q2 24
$958.8M
$2.1M
Q1 24
$199.7M
$9.4M
Total Debt
GRAL
GRAL
MSS
MSS
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
GRAL
GRAL
MSS
MSS
Q4 25
$2.6B
$11.6M
Q3 25
$2.2B
$10.1M
Q2 25
$2.3B
$11.7M
Q1 25
$2.4B
$12.0M
Q4 24
$2.5B
$10.9M
Q3 24
$2.6B
$11.2M
Q2 24
$2.7B
$10.5M
Q1 24
$13.3M
Total Assets
GRAL
GRAL
MSS
MSS
Q4 25
$2.9B
$75.4M
Q3 25
$2.6B
$73.3M
Q2 25
$2.7B
$77.4M
Q1 25
$2.8B
$82.7M
Q4 24
$3.0B
$82.7M
Q3 24
$3.1B
$82.1M
Q2 24
$3.3B
$82.4M
Q1 24
$44.2M
Debt / Equity
GRAL
GRAL
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRAL
GRAL
MSS
MSS
Operating Cash FlowLast quarter
$-63.8M
$-1.7M
Free Cash FlowOCF − Capex
$-63.9M
FCF MarginFCF / Revenue
-146.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-299.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAL
GRAL
MSS
MSS
Q4 25
$-63.8M
$-1.7M
Q3 25
$-63.2M
$1.1M
Q2 25
$-77.0M
$-1.6M
Q1 25
$-95.0M
$1.7M
Q4 24
$1.1M
Q3 24
$-104.6M
$3.6M
Q2 24
$-171.8M
$-2.6M
Q1 24
$-207.3M
$-1.4M
Free Cash Flow
GRAL
GRAL
MSS
MSS
Q4 25
$-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
FCF Margin
GRAL
GRAL
MSS
MSS
Q4 25
-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%
Capex Intensity
GRAL
GRAL
MSS
MSS
Q4 25
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%
Cash Conversion
GRAL
GRAL
MSS
MSS
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRAL
GRAL

Screening Revenue$42.3M97%
Developmental Services Revenue$1.3M3%

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

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