Grail vs Quanterix
Grail and Quanterix are similar in size: $147m and $139m of revenue in their latest fiscal years. Grail grew faster (17.2% against 1.1%). Quanterix kept more of each dollar of sales as profit: a net margin of -77.1% against -277.5%.
| Latest fiscal year | GrailGRAL, 2025 | QuanterixQTRX, 2025 |
|---|---|---|
| Revenue | $147m | $139m |
| Revenue growth | 17.2% | 1.1% |
| Net income | −$408m | −$107m |
| Operating margin | -382.0% | — |
| Net margin | -277.5% | -77.1% |
| Return on equity | -16.1% | -34.2% |
| Free cash flow | −$300m | −$79.8m |
| Cash | $250m | $29.8m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 910 | 450 |
| Market value | $6.25bn | $137m |
| Price vs our value range | — | — |
| Moat score | — | 18 (Weak) |
| Insider trades, 12 months | 0 buys, 47 sales | 3 buys, 0 sales |