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Relay Therapeutics, Inc. RLAY Research and development expense

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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%
CapEx$1.0K
Free cash flow-$44.9M+22.5%

Valuation

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Market cap$3.8B+300%

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×
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:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: Relay Therapeutics, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Relay Therapeutics, Inc.'s research and development expense?
Relay Therapeutics, Inc. (RLAY) reported research and development expense of $70.56M in Q1 2026.
How has Relay Therapeutics, Inc.'s research and development expense changed year-over-year?
Relay Therapeutics, Inc.'s research and development expense decreased by 4.4% year-over-year, from $73.81M to $70.56M.
What is the long-term trend for Relay Therapeutics, Inc.'s research and development expense?
Over 4 years (2021 to 2025), Relay Therapeutics, Inc.'s research and development expense has grown at a 10.9% compound annual growth rate (CAGR), from $172.65M to $261.38M.