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+1012.0%
5Y-81.0%
10Y-
3Y-5.0%
5Y+428.0%
10Y+467.0%
3Y+3.0%
5Y+130.0%
10Y+433.0%
Relay Therapeutics, Inc.

Relay Therapeutics, Inc. Profit Bridge

RLAY ยท NASDAQ
Revenue15.36M
Cost of Goods Sold (3.56M)
Gross Profit11.80M
Operating Expenses (314.54M)
Operating Income-302.74M
Interest Expense (0.00)
Other Income/Expense26.26M
Pretax Income-276.48M
Income Tax (0.00)
Net Income-276.48M
Net Income
-276.48M

Profitability Analysis

Gross Margin

76.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-1971.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-1800.6%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Relay Therapeutics, Inc. Income Statement

RLAY โ€ข NASDAQ

Relay Therapeutics, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
REVENUE
15.4M
10M
25.5M
1.4M
3M
82.7M
0.0
0.0
GROSS PROFIT
(3.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(3.5M)
(2.8M)
(2.2M)
11.8M
10M
25.5M
1.4M
3M
79.1M
-2.8M
-2.2M
OPERATING INCOME
(314.5M)
(382.5M)
(398.5M)
(300.7M)
(367.7M)
(134.9M)
(84M)
(49.9M)
(56.7M)
(76.6M)
(75M)
(66M)
(57.4M)
(38.6M)
(13.7M)
(8.9M)
(261.4M)
(319.1M)
(330M)
(246.4M)
(172.7M)
(99.9M)
(70.3M)
(41M)
-302.7M
-372.5M
-373M
-299.3M
-364.7M
-55.8M
-84M
-49.9M
PRE-TAX INCOME
27M
34.7M
31M
8.8M
830K
3.4M
8.8M
0.0
-3.6M
-13.2M
-6.4M
-11.7M
(137.7M)
-3.5M
(0.0)
-9K
26.3M
34.8M
31M
8.8M
826K
3.4M
8.7M
1.1M
-276.5M
-337.7M
-342M
-290.5M
-363.9M
-52.4M
-75.3M
-48.8M
NET INCOME
-276.5M
-337.7M
-342M
-290.5M
-363.9M
-52.4M
-66.5M
-48.8M

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