Relay Therapeutics (RLAY) EBITDA (2019 - 2026)
Relay Therapeutics (RLAY) reported EBITDA of -$73.5 million for Q1 2026, up 3.38% year-over-year from -$71.1 million in Q1 2025, and down 34.42% quarter-over-quarter from -$54.6 million in Q4 2025.
Relay Therapeutics (RLAY) EBITDA (2019 - 2026) Analysis & Trends
Relay Therapeutics (RLAY) has 8 years of EBITDA data on file, last reported at -$73.5 million in Q1 2026.
- EBITDA for Q1 2026 came in at -$73.5 million, up 3.38% year-over-year; the trailing twelve-month figure through Mar 2026 was -$272.2 million (up 18.06% YoY), and the FY2025 annual result was -$274.8 million, up 18.83% from the prior year.
- EBITDA eased to -$73.5 million in Q1 2026 per RLAY's latest filing, from -$54.6 million in the prior quarter.
- Over five years, EBITDA peaked at -$54.6 million in Q4 2025 and troughed at -$98.8 million in Q2 2023.
- A 5-year average of -$77.5 million and a median of -$79.5 million in 2022 frame the typical range for EBITDA.
- On a YoY basis, EBITDA climbed as much as 58.92% in 2022 and fell as far as 66.15% in 2022.
- A 5-year view of EBITDA shows it stood at -$64.5 million in 2022, then fell by 24.44% to -$80.3 million in 2023, then rose by 1.0% to -$79.5 million in 2024, then surged by 31.26% to -$54.6 million in 2025, then tumbled by 34.42% to -$73.5 million in 2026.
- Business Quant data shows RLAY's EBITDA at -$73.5 million in Q1 2026, -$54.6 million in Q4 2025, and -$73.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Relay Therapeutics | 2.86 Bn | 2.86 Bn | - | -73.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -73.46 Mn |
| Dec 31, 2025 | -54.65 Mn |
| Sep 30, 2025 | -73.49 Mn |
| Jun 30, 2025 | -70.58 Mn |
| Mar 31, 2025 | -76.04 Mn |
| Dec 31, 2024 | -79.50 Mn |
| Sep 30, 2024 | -84.26 Mn |
| Jun 30, 2024 | -92.39 Mn |
| Mar 31, 2024 | -82.35 Mn |
| Dec 31, 2023 | -80.31 Mn |
| Sep 30, 2023 | -63.04 Mn |
| Jun 30, 2023 | -98.78 Mn |
| Mar 31, 2023 | -89.62 Mn |
| Dec 31, 2022 | -64.53 Mn |
| Sep 30, 2022 | -85.66 Mn |
| Jun 30, 2022 | -79.48 Mn |
| Mar 31, 2022 | -70.18 Mn |
| Dec 31, 2021 | -68.55 Mn |
| Sep 30, 2021 | -60.76 Mn |
| Jun 30, 2021 | -193.48 Mn |