Relay Therapeutics, Inc.

RLAY Healthcare Biotechnology

Relay Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.4 million, up 53.4% from fiscal 2024.

Revenue
−95.4%
EPS
0.00%
Free cash flow
+2.13%

Quarter to June 2026, against a year earlier

18.44 1.44 +8.47%
Market cap
$3.7B
P/E
0.0×
Fwd P/E
−11.4×
Dividend yield
—
F-score
5/9
Altman Z
10.99
Beneish M
n/a
Dividend safety
n/a

Relay Therapeutics, Inc. (RLAY) Operating margin

Alert me on Operating margin

Relay Therapeutics, Inc.'s operating margin over the twelve months to 30 June 2026 was −2,815.5%, down 843.9 percentage points from fiscal 2025 (−1,971.6%). Over the past ten years it has ranged from −21,670.9% (fiscal 2022) to 0.00% (fiscal 2019); the current reading is higher than 50% of that period. That is below the Biotechnology industry median of 0.00% and below the Healthcare sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −1,971.6% 1,750.48
FY2024 −3,722.1% (2,261.96)
FY2023 −1,460.1% 20,210.78
FY2022 −21,670.9% (9,630.68)
FY2021 −12,040.2% (11,972.70)
FY2020 −67.5% (67.51)
FY2019 0.00% 0.00
FY2018 0.00% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −25,949.7% (23,330.04)
Mar 2026 −2,619.7% (1,753.39)
Dec 2025 −866.3% (866.28)
Sep 2025 0.00% 11,351.11
24 more quarters

Against its own ten years

Low −21,670.9% High 0.00%
Ten-year median −1,715.9%
Current reading's percentile 50

Operating margin against peers

Company Operating margin
ACAD ACADIA Pharmaceuticals Inc. compare 10.2%
XENE Xenon Pharmaceuticals Inc. compare 0.00%
IRON Disc Medicine, Inc. compare 0.00%
EWTX Edgewise Therapeutics, Inc. compare 0.00%
PBLS Parabilis Medicines, Inc. compare 0.00%
TNGX Tango Therapeutics, Inc. compare 0.00%
IOVA Iovance Biotherapeutics, Inc. compare −60.8%
ABCL AbCellera Biologics Inc. compare −340.3%
RLAY Relay Therapeutics, Inc. −2,815.5%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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