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Relay Therapeutics(NASDAQ) RLAY

Market Cap$4.53BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)-41%
5 Year-37%
1 Year+484%
1 Month+4%
$20.70
+0.15%
+0.03Today
Relay Therapeutics last closing stock price
MetricPriceDate
Last closeUSD 20.672026-08-17
Relay Therapeutics stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+3.66%USD 19.942026-08-10
1 month+3.82%USD 19.912026-07-17
3 month+71.25%USD 12.072026-05-19
Year to date+144.33%USD 8.462025-12-31
1 year+483.9%USD 3.542025-08-15
3 year+95.18%USD 10.592023-08-18
5 year-37.15%USD 32.892021-08-18
Since inception-41.03%USD 35.052020-07-16

Relay Therapeutics Financials at a Glance

Market Cap

$4.53BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$10.35M

Net Income (TTM)

-$286.04M

EPS (TTM)

-$1.57

P/E Ratio

-13.19

Dividend

$0.00

Beta (Volatility)

1.81 (High)

Price

$20.70

Volume

75,765.968

Open

$20.46

Previous Close

$20.67

Daily Range

$20.34 - $20.80

52-Week Range

$3.31 - $20.80

Estimated Earnings Date

Nov 5, 2026

About Relay Therapeutics

Relay Therapeutics develops medicines for cancer and genetic diseases. Its drugs aim to help patients with hard-to-treat tumors or rare conditions. The company uses advanced technology to design targeted treatments for specific patient groups.

Lab Bench to Bedside: Relay’s Main Offerings

RLY-4008 (lirafugratinib): Oral drug for cancers with FGFR2 gene changes; in clinical trials.

RLY-2608: Drug in development for cancers with PI3Kα gene mutations; no product sales yet.

Discovery Programs: Early-stage research for rare diseases and new cancer targets; no revenue contribution yet.

Collaborative Research: Partnerships with companies like D. E. Shaw Research for drug discovery; revenue from license and milestone payments only.

Relay’s Growth Spurt: Milestones and Moves

2020: Completed initial public offering and listed on NASDAQ.

September 2024: Raised $218.2 million through a public share offering.

2024: Announced three new drug discovery programs in June.

2024: Ended collaboration with Genentech for RLY-1971 in July.

2024: Began partnership with Pfizer to test RLY-2608 in breast cancer.

What Makes Relay Stand Out in the Crowd

Relay uses a unique platform that combines computer modeling and lab experiments to target disease proteins. Its focus on precision medicine means drugs are designed for patients with specific genetic changes. The company relies on partnerships for research and future commercialization.

Five Things You Need to Know

All 2024 revenue ($10 million) came from milestone payments, not product sales.

Net loss was $261.7 million for the nine months ending September 30, 2024.

Research and development spending reached $251 million (GAAP) for the nine months ended September 30, 2024.

Cash and investments totaled $839.6 million (GAAP) as of September 30, 2024.

Bottom Line

Relay has built a pipeline of targeted drugs using advanced technology and partnerships. The company remains in the research stage, with no commercial products yet and all revenue from collaborations.

AI Generated • Apr 16, 2026

Industry

Biotechnology

Employees

202

CEO

Sanjiv K. Patel, MD, MBA

Headquarters

Cambridge, MA 02139, US

RLAY Financials

Key Financial Metrics (TTM)

Gross Margin

-566.59%

Operating Margin

-2999.38%

Net Income Margin

-2763.64%

Return on Equity

-42.27%

Return on Capital

-50.50%

Return on Assets

-29.57%

Earnings Yield

-7.58%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$4.53BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

219.14M

Volume

75.77K

Avg. Volume

3.82M

Financials (TTM)

Gross Profit

-$58.64M

Operating Income

-$310.44M

EBITDA

-$286.88M

Operating Cash Flow

-$212.21M

Capital Expenditure

$0.00

Free Cash Flow

-$212.21M

Cash & ST Invst.

$910.93M

Total Debt

$30.66M

Relay Therapeutics Performance Analysis

Relay Therapeutics annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 1,381,000-54.4%
20232023-12-31USD 25,546,0001749.8%
20242024-12-31USD 10,007,000-60.8%
20252025-12-31USD 15,355,00053.4%
Relay Therapeutics sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-100.0%
Q42025-12-31N/A
Q12026-03-31-57.1%
Q22026-06-30-88.3%
Relay Therapeutics annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -2.59-32.3%
20232023-12-31USD -2.797.8%
20242024-12-31USD -2.36-15.3%
20252025-12-31USD -1.61-31.8%
Relay Therapeutics sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-4.9%
Q42025-12-3125.6%
Q12026-03-31-28.1%
Q22026-06-30N/A

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$350.00K

-48.3%

Gross Profit

$350.00K

+100.6%

Gross Margin

100.00%

N/A

Market Cap

$4.53BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$23.47M

N/A

Employees

193

N/A

Net Income

-$83.71M

-18.9%

EBITDA

-$82.84M

-19.4%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$910.93M

+38.7%

Total Debt

$30.66M

-10.3%

Accounts Receivable

$0.00

N/A

Inventory

$0.00

N/A

Long Term Debt

$26.64M

-13.1%

Short Term Debt

$4.01M

+13.9%

Return on Assets

-29.57%

N/A

Return on Invested Capital

-33.87%

N/A

Free Cash Flow

-$54.11M

+2.1%

Operating Cash Flow

-$54.11M

+2.1%

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Questions About RLAY

What is the current price of Relay Therapeutics?

Relay Therapeutics is trading at $20.66 per share.

What is the 52-week range for Relay Therapeutics?

Over the past 52 weeks, Relay Therapeutics has traded between $3.31 and $20.80.

How much debt does Relay Therapeutics have?

As of the most recent reporting period, Relay Therapeutics reported total debt of $30.66M.

How much cash does Relay Therapeutics have on hand?

Relay Therapeutics reported $121.19M in cash and cash equivalents in its most recent financial results.

What is Relay Therapeutics’s dividend yield?

Relay Therapeutics does not currently have a dividend yield.

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