What is Relay Therapeutics, Inc.'s capex?

Relay Therapeutics, Inc. (RLAY) reported capex of $1K in Q4 2025.

What is the long-term trend for Relay Therapeutics, Inc.'s capex?

Over 4 years (2021 to 2025), Relay Therapeutics, Inc.'s capex has grown at a -41.3% compound annual growth rate (CAGR), from $3.47M to $411K.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Relay Therapeutics, Inc. RLAY CapEx

CapEx at other companies

CelcuityCELC

$249K+315%

Revolution Medicines, Inc.RVMD

$1.54M-52.9%

Ligand PharmaceuticalsLGND

$228K+6.5%

Cogent Biosciences, Inc.COGT

$449K-17.9%

Tango TherapeuticsTNGX

-$2K-104%

LQD

Liquidia CorporationLQDA

$2.83M+758%

Other financials

Income statement

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Revenue$3.0M-60.9%

Operating income-$78.6M+7.4%

Net income-$73.3M+4.9%

EPS (diluted)-$0.41+10.9%

Balance sheet

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Cash & equivalents$204.6M+119%

Total debt$31.6M-33.1%

Total equity$642.2M-10.9%

Total assets$699.6M-12.5%

Cash flow

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Operating cash flow-$51.1M+30.2%

Free cash flow-$44.9M+22.5%

Valuation

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Market cap$3.46B+300%

Enterprise value$3.29B+304%

P/S324.1×+212×

Profitability

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Operating margin-2,776.6%-820pp

Net margin-2,554.1%-745pp

FCF margin-1,536%-429pp

Returns & leverage

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Return on equity-40%-4.3pp

Debt / equity0×0.0×

Current ratio22.1×+2.2×

Where this comes from

Reported directly by Relay Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Relay Therapeutics, Inc.’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Relay Therapeutics, Inc.'s capex?: Relay Therapeutics, Inc. (RLAY) reported capex of $1K in Q4 2025.
What is the long-term trend for Relay Therapeutics, Inc.'s capex?: Over 4 years (2021 to 2025), Relay Therapeutics, Inc.'s capex has grown at a -41.3% compound annual growth rate (CAGR), from $3.47M to $411K.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.