Relay Therapeutics, Inc.

Relay Therapeutics, Inc.

RLAYยทNASDAQ

$15.30

+7.3%
HealthcareBiotechnology

Relay Therapeutics, Inc. operates as a clinical-stage precision medicines company. It engages in transforming the drug discovery process with an initial focus on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications. The company's lead product candidates include RLY-4008, an oral small molecule inhibitor of fibroblast growth factor receptor 2 (FGFR2), which is in a first-in-human clinical trial for patients with advanced or metastatic FGFR2-altered solid tumors; RLY-2608, a lead mutant-PI3Ka inhibitor program that targets phosphoinostide 3 kinase alpha; and RLY-1971, an oral small molecule inhibitor of protein tyrosine phosphatase Src homology region 2 domain-containing phosphatase-2 that is in Phase 1 trial in patients with advanced solid tumors. It has collaboration and license agreements with D. E. Shaw Research, LLC to research certain biological targets through the use of D. E. Shaw Research computational modeling capabilities focused on analysis of protein motion to develop and commercialize compounds and products directed to such targets; and Genentech, Inc. for the development and commercialization of RLY-1971. The company was formerly known as Allostery, Inc. and changed its name to Relay Therapeutics, Inc. in December 2015. Relay Therapeutics, Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

At a Glance

Live Snapshot
Market Cap$2.93B
EPS-1.6100
P/E Ratio-9.50
Earnings Date08/06/2026
3Y+3.0%
5Y+130.0%
10Y+433.0%
3Y-202.0%
5Y+136.0%
10Y-11576.0%
3Y-99.0%
5Y-100.0%
10Y-100.0%
RLAY

Relay Therapeutics, Inc. Cash Conversion Engine

RLAY ยท NASDAQ
Net Income-276.48M
Depreciation & Amortization-1.39M
Stock-Based Compensation62.42M
Change in Working Capital-23.31M
Others3.30M
Capital Expenditures-410.00K
Free Cash Flow-235.87M

Cash Flow Quality Analysis

FCF Conversion Rate

85.3%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-0.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+6.1%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$23.31M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

Relay Therapeutics, Inc. Cash Flow Statement

RLAY โ€ข NASDAQ

Relay Therapeutics, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
OPERATING ACTIVITIES
-276.5M
-337.7M
-342M
-290.5M
-363.9M
-52.4M
-75.3M
-48.8M
-1.4M
5.5M
5.3M
4.1M
3.9M
3.5M
2.8M
2.2M
62.4M
94.1M
86M
56.1M
48.5M
32M
4.5M
2.9M
3.3M
-25.6M
-17.2M
-10.5M
139.7M
-416K
-2.4M
9K
-23.3M
14.6M
-32.5M
11.2M
97.3M
-85.2M
4.3M
-400K
-235.5M
-249.1M
-300.3M
-229.5M
-74.4M
-102.5M
-66.1M
-44.1M
INVESTING ACTIVITIES
-410K
-2M
-4.1M
-9.1M
-3.5M
-1.9M
-8M
-1.7M
(0.0)
(0.0)
(0.0)
(179.7M)
-25.3M
-83.6M
(20K)
(7K)
-123M
-650.6M
-385.5M
-535.4M
-980.7M
-266.5M
-553.5M
(0.0)
316.2M
611.6M
647.3M
355.7M
529.9M
350.1M
242.5M
0.0
0.0
0.0
0.0
-179.7M
0.0
83.6M
0.0
7K
(192.8M)
-41.1M
(257.6M)
-188.7M
-479.5M
(81.7M)
-319M
-1.7M
FINANCING ACTIVITIES
1.6M
265.9M
30.3M
284.7M
382.2M
425.3M
0.0
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-82K
0.0
4.3M
4.5M
5.2M
5.9M
1.2M
613K
717K
1.6M
270.2M
34.8M
289.9M
388.1M
426.5M
5.6M
395M
CASH FLOW SUMMARY
-41.1M
-20M
-7.9M
-128.3M
-165.8M
405.7M
-379.6M
349.2M
126.4M
146.4M
154.4M
282.7M
448.5M
42.8M
422.4M
73.2M
85.4M
126.4M
146.4M
154.4M
282.7M
448.5M
42.8M
422.4M
-235.9M
-251.1M
-304.4M
-238.6M
-77.9M
-104.4M
-74.1M
-45.8M

SEC Filings

RLAY - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 21, 2026
May 20, 2026
2026
8-K

8-K 2026

N/A

May 19, 2026
May 19, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 09, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

March 16, 2026
March 16, 2026
2026
8-K

8-K 2026

N/A

March 11, 2026
March 06, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
Showing 1 to 10 of 97 filings