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Side-by-side financial comparison of GRAIL, Inc. (GRAL) and SYPRIS SOLUTIONS INC (SYPR). Click either name above to swap in a different company.

GRAIL, Inc. is the larger business by last-quarter revenue ($43.6M vs $30.3M, roughly 1.4× SYPRIS SOLUTIONS INC). SYPRIS SOLUTIONS INC runs the higher net margin — -12.9% vs -227.5%, a 214.6% gap on every dollar of revenue. On growth, GRAIL, Inc. posted the faster year-over-year revenue change (14.0% vs -9.5%). SYPRIS SOLUTIONS INC produced more free cash flow last quarter ($-1.5M vs $-63.9M). Over the past eight quarters, GRAIL, Inc.'s revenue compounded faster (27.7% CAGR vs -7.7%).

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.

Sypris Solutions Inc. is a U.S.-headquartered provider of highly engineered components and specialized technical services, primarily serving aerospace, defense, automotive and commercial industrial markets. It delivers custom manufacturing, performance testing, and value-added engineering support for mission-critical systems and parts for global enterprise clients.

GRAL vs SYPR — Head-to-Head

Bigger by revenue
GRAL
GRAL
1.4× larger
GRAL
$43.6M
$30.3M
SYPR
Growing faster (revenue YoY)
GRAL
GRAL
+23.4% gap
GRAL
14.0%
-9.5%
SYPR
Higher net margin
SYPR
SYPR
214.6% more per $
SYPR
-12.9%
-227.5%
GRAL
More free cash flow
SYPR
SYPR
$62.4M more FCF
SYPR
$-1.5M
$-63.9M
GRAL
Faster 2-yr revenue CAGR
GRAL
GRAL
Annualised
GRAL
27.7%
-7.7%
SYPR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRAL
GRAL
SYPR
SYPR
Revenue
$43.6M
$30.3M
Net Profit
$-99.2M
$-3.9M
Gross Margin
4.6%
Operating Margin
-285.4%
-10.9%
Net Margin
-227.5%
-12.9%
Revenue YoY
14.0%
-9.5%
Net Profit YoY
-2.2%
-2992.6%
EPS (diluted)
$-2.37
$-0.17

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
SYPR
SYPR
Q4 25
$43.6M
$30.3M
Q3 25
$36.2M
$28.7M
Q2 25
$35.5M
$31.4M
Q1 25
$31.8M
$29.5M
Q4 24
$38.3M
$33.4M
Q3 24
$28.7M
$35.7M
Q2 24
$32.0M
$35.5M
Q1 24
$26.7M
$35.6M
Net Profit
GRAL
GRAL
SYPR
SYPR
Q4 25
$-99.2M
$-3.9M
Q3 25
$-89.0M
$517.0K
Q2 25
$-114.0M
$-2.1M
Q1 25
$-106.2M
$-899.0K
Q4 24
$-97.1M
$135.0K
Q3 24
$-125.7M
$390.0K
Q2 24
$-1.6B
$16.0K
Q1 24
$-218.9M
$-2.2M
Gross Margin
GRAL
GRAL
SYPR
SYPR
Q4 25
4.6%
Q3 25
7.2%
Q2 25
8.2%
Q1 25
11.4%
Q4 24
16.1%
Q3 24
16.8%
Q2 24
15.9%
Q1 24
8.1%
Operating Margin
GRAL
GRAL
SYPR
SYPR
Q4 25
-285.4%
-10.9%
Q3 25
-346.2%
-6.1%
Q2 25
-446.9%
-4.6%
Q1 25
-482.5%
-0.4%
Q4 24
-358.0%
3.9%
Q3 24
-640.5%
4.8%
Q2 24
-5133.8%
3.6%
Q1 24
-851.1%
-3.9%
Net Margin
GRAL
GRAL
SYPR
SYPR
Q4 25
-227.5%
-12.9%
Q3 25
-245.8%
1.8%
Q2 25
-320.7%
-6.5%
Q1 25
-333.6%
-3.0%
Q4 24
-253.8%
0.4%
Q3 24
-438.7%
1.1%
Q2 24
-4958.8%
0.0%
Q1 24
-819.3%
-6.2%
EPS (diluted)
GRAL
GRAL
SYPR
SYPR
Q4 25
$-2.37
$-0.17
Q3 25
$-2.46
$0.02
Q2 25
$-3.18
$-0.09
Q1 25
$-3.10
$-0.04
Q4 24
$-1.49
$0.00
Q3 24
$-3.94
$0.02
Q2 24
$-51.06
$0.00
Q1 24
$-7.05
$-0.10

Balance Sheet & Financial Strength

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

Metric
GRAL
GRAL
SYPR
SYPR
Cash + ST InvestmentsLiquidity on hand
$249.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$17.8M
Total Assets
$2.9B
$107.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRAL
GRAL
SYPR
SYPR
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
Stockholders' Equity
GRAL
GRAL
SYPR
SYPR
Q4 25
$2.6B
$17.8M
Q3 25
$2.2B
$20.0M
Q2 25
$2.3B
$18.7M
Q1 25
$2.4B
$19.0M
Q4 24
$2.5B
$19.6M
Q3 24
$2.6B
$18.2M
Q2 24
$2.7B
$19.0M
Q1 24
$20.8M
Total Assets
GRAL
GRAL
SYPR
SYPR
Q4 25
$2.9B
$107.8M
Q3 25
$2.6B
$112.5M
Q2 25
$2.7B
$105.8M
Q1 25
$2.8B
$110.2M
Q4 24
$3.0B
$119.4M
Q3 24
$3.1B
$121.6M
Q2 24
$3.3B
$124.2M
Q1 24
$129.0M

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
SYPR
SYPR
Operating Cash FlowLast quarter
$-63.8M
$-1.1M
Free Cash FlowOCF − Capex
$-63.9M
$-1.5M
FCF MarginFCF / Revenue
-146.5%
-5.0%
Capex IntensityCapex / Revenue
0.2%
1.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-299.9M
$-6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRAL
GRAL
SYPR
SYPR
Q4 25
$-63.8M
$-1.1M
Q3 25
$-63.2M
$-178.0K
Q2 25
$-77.0M
$1.1M
Q1 25
$-95.0M
$-5.5M
Q4 24
$2.3M
Q3 24
$-104.6M
$-4.8M
Q2 24
$-171.8M
$6.2M
Q1 24
$-207.3M
$-1.7M
Free Cash Flow
GRAL
GRAL
SYPR
SYPR
Q4 25
$-63.9M
$-1.5M
Q3 25
$-63.6M
$-390.0K
Q2 25
$-77.3M
$941.0K
Q1 25
$-95.1M
$-5.5M
Q4 24
$1.9M
Q3 24
$-105.6M
$-4.9M
Q2 24
$-173.2M
$6.0M
Q1 24
$-209.8M
$-2.0M
FCF Margin
GRAL
GRAL
SYPR
SYPR
Q4 25
-146.5%
-5.0%
Q3 25
-175.8%
-1.4%
Q2 25
-217.6%
3.0%
Q1 25
-298.6%
-18.8%
Q4 24
5.7%
Q3 24
-368.4%
-13.8%
Q2 24
-541.7%
16.8%
Q1 24
-785.3%
-5.7%
Capex Intensity
GRAL
GRAL
SYPR
SYPR
Q4 25
0.2%
1.3%
Q3 25
1.1%
0.7%
Q2 25
1.0%
0.5%
Q1 25
0.2%
0.0%
Q4 24
1.2%
Q3 24
3.4%
0.4%
Q2 24
4.3%
0.5%
Q1 24
9.5%
0.9%
Cash Conversion
GRAL
GRAL
SYPR
SYPR
Q4 25
Q3 25
-0.34×
Q2 25
Q1 25
Q4 24
17.13×
Q3 24
-12.21×
Q2 24
385.25×
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%

SYPR
SYPR

Sypris Electronics$17.7M59%
Transferred At Point In Time$12.5M41%

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