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Relay Therapeutics, Inc. RLAY R2K

Healthcare · Biotechnology · United States
https://www.relaytx.com

Relay Therapeutics, Inc. operates as a clinical-stage precision medicines company. It transforms the drug discovery process with a focus on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications. The company's lead product candidates include RLY-2608, a pan-mutant and isoform-selective phosphoinostide 3 kinase alpha, or PI3Ka, inhibitor that is in clinical development for the treatment of breast cancer, solid tumor, and vascular malformations; and aGal chaperone for Fabry diseases. It also develops RLY-8161, an oncogene driver that belongs to the RAS family of signaling proteins. In addition, the company develops lirafugratinib (RLY-4008), a receptor tyrosine kinase for the treatment of cancer. 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; Elevar Therapeutics, Inc. for the development and commercialization of RLY-4008; and Pfizer Inc. for the development of RLY-2608 in combination with fulvestrant and atirmociclib. 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.

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$14.05
+368.33% 1Y

Market & Price

Market Cap
$3.06B
Current Price
$14.05
High / Low (52W)
$16.80 / $3.00
Beta
1.75

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$3.26
Price to Book
4.31
P/S
286.82
EV/EBITDA
-7.09
Dividend Yield
-

Profitability & Returns

ROCE
-50.82%
ROE
-40.01%
ROA
-24.72%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-0.41
EPS (TTM)
$-1.56

Balance Sheet & Liquidity

Debt/Equity
4.92
Quick Ratio
21.58
Current Ratio
22.13
Debt
$31.57M
Total Assets
$621.33M
Current Assets
$578.28M
Working Capital
$552.70M

Ownership

Promoter Holding
1.39%
Chg in Prom Hold
-
FII / Inst Holding
86.97%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$2.08B
Total Revenue (TTM)
$10.68M
EBITDA
$-293.61M
Free Cash Flow
$-121.18M
Operating Cash Flow
$-213.36M
Shares Outstanding
217.94M
Gross Margin
0.00%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
123.20%
Profit 5Y
1.61%
Revenue (YoY)
-60.90%
Earnings (YoY)
-

PROS

  • Compounding revenue at 123.2% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 RLAY Relay Therapeutics, Inc. R2K 14.05 - $3.06B - -50.82% -40.01% 123.20% 1.61%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
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Quarterly Results

Figures in USD.

Metric Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------952.00K844.00K666.00K419.00K365.00K344.00K226.00K119.00K25.20M10.01M00-7.68M677.00K07.00M3.00M
Cost of Revenue ------------------------
Gross Profit ------------------------
Operating Expenses -------------------92.55M77.52M80.39M67.63M81.59M
Operating Income --19.91M-21.91M-26.46M-27.72M-36.61M-42.41M-193.58M-60.99M-62.72M-77.81M-85.89M-101.18M-106.05M-73.58M-90.36M-100.76M-96.37M--84.87M-76.85M-80.39M-60.63M-78.59M
EBITDA --------------------83.66M-75.84M-79.64M-60.03M-78.09M
Interest Expense ------------------------
Pretax Income --------------------77.06M-70.38M-74.15M-54.89M-73.29M
Tax Provision ------------------------
Net Income -14.18M-17.54M-19.67M-24.89M-26.72M-36.08M-42.18M-193.40M-60.83M-62.05M-76.79M-84.17M-94.24M-98.50M-65.73M-81.39M-92.21M-88.11M--77.06M-70.38M-74.15M-54.89M-73.29M
Diluted EPS ---------0.66-0.57-0.71-0.76-0.78-0.81-0.54-0.62-0.69-0.63--0.46-0.41-0.43-0.32-0.41
R&D Expense -16.40M18.26M21.70M21.67M24.38M30.62M-----------------

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -82.65M-1.38M25.55M10.01M15.36M
Cost of Revenue -------
Gross Profit -------
Operating Expenses ---312.33M404.97M395.68M318.09M
Operating Income -84.05M-55.80M--310.95M-379.42M-385.67M-302.74M
EBITDA ----306.82M-374.15M-380.21M-299.18M
Interest Expense -------
Pretax Income ----290.51M-341.97M-337.71M-276.48M
Tax Provision -------
Net Income -75.31M-52.41M--290.51M-341.97M-337.71M-276.48M
Diluted EPS --5.40-3.82-2.59-2.79-2.36-
R&D Expense 70.31M99.86M-----

Compounded Sales Growth

5 Years:123.20%
1 Year:-60.90%

Compounded Profit Growth

5 Years:1.61%
1 Year:-

Stock Price Performance

1 Year:+368.33%
6 Months:+74.53%
3 Months:+36.94%
1 Month:+11.77%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -393.07M799.83M-1.10B843.98M871.30M621.33M
Current Assets ----1.02B770.10M809.20M578.28M
Cash & Equivalents -41.95M447.65M-151.79M143.74M124.29M84.02M
Inventory --------
Receivables ---403.00K306.00K0--
Total Liabilities -35.73M36.54M-149.55M91.98M93.50M54.27M
Current Liabilities -11.99M13.63M-63.71M30.27M50.73M25.58M
Long Term Debt --------
Total Debt ----57.74M53.47M48.50M32.46M
Total Equity -110.93M-180.44M763.29M-950.22M752.00M777.79M567.06M
Shares Outstanding ----121.11M127.46M167.76M173.87M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -66.13M-102.49M--229.49M-300.32M-249.11M-235.46M
Investing Cash Flow -319.02M81.67M--188.75M257.63M-41.08M192.80M
Financing Cash Flow 5.61M426.51M-289.91M34.75M270.15M1.60M
Capital Expenditure -8.00M-1.93M--9.06M-4.13M-2.02M-410.00K
Free Cash Flow -74.14M-104.42M--238.55M-304.44M-251.12M-235.87M
Net Change in Cash ----128.32M-7.93M-20.04M-41.05M

Ratios (Annual)

Figures in %.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------
Operating Margin % --67.5%--22,516.4%-1,485.3%-3,854.0%-1,971.6%
Net Margin % --63.4%--21,036.1%-1,338.7%-3,374.7%-1,800.6%
ROE % 41.7%-6.9%--30.6%-45.5%-43.4%-48.8%
ROCE % -22.1%-7.1%--30.0%-46.6%-47.0%-50.8%

Shareholding Pattern

Insiders
1.39%
Institutions
86.97%
Public Float
88.20%

Top Institutional Holders

#Holder% HeldSharesValue
1 SB Investment Advisers (UK) LTD 14.57% 27.90M $392.06M
2 Commodore Capital Lp 8.87% 17.00M $238.85M
3 Casdin Capital, LLC 7.53% 14.42M $202.58M
4 Blackrock Inc. 6.77% 12.98M $182.30M
5 Perceptive Advisors Llc 5.09% 9.75M $137.00M
6 Bellevue Group AG 4.07% 7.80M $109.52M
7 Vanguard Capital Management LLC 3.86% 7.39M $103.79M
8 State Street Corporation 3.25% 6.23M $87.58M
9 Nextech Invest, Ltd. 2.88% 5.53M $77.65M
10 TCG Crossover Management, LLC 2.23% 4.27M $60.04M

Analyst View

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