Cryoport vs Grail
Cryoport is the larger business, with $176m of revenue in fiscal 2025 against $147m for Grail (1.2 times as much). Grail grew faster (17.2% against 12.4%). Cryoport kept more of each dollar of sales as profit: a net margin of 44.4% against -277.5%. Grail carries less debt relative to equity (0.0% against 37.1%).
| Latest fiscal year | CryoportCYRX, 2025 | GrailGRAL, 2025 |
|---|---|---|
| Revenue | $176m | $147m |
| Revenue growth | 12.4% | 17.2% |
| Net income | $78.3m | −$408m |
| Operating margin | -20.9% | -382.0% |
| Net margin | 44.4% | -277.5% |
| Return on equity | 17.3% | -16.1% |
| Free cash flow | −$25.0m | −$300m |
| Cash | $250m | $250m |
| Total debt | $186m | $0 |
| Debt to equity | 37.1% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $10.0m | — |
| Employees | 738 | 910 |
| Market value | $844m | $6.25bn |
| Price vs our value range | — | — |
| Moat score | 19 (Weak) | — |
| Insider trades, 12 months | 0 buys, 14 sales | 0 buys, 47 sales |