Relay Therapeutics (RLAY) Enterprise Value (2019 - 2026)

Relay Therapeutics (RLAY) posted quarterly Enterprise Value of -$642.1 million for Q1 2026, down 586.39% year-over-year from $132.0 million in Q1 2025, and down 15.79% quarter-over-quarter from -$554.5 million in Q4 2025.

Relay Therapeutics (RLAY) Enterprise Value (2019 - 2026) Analysis & Trends

Relay Therapeutics (RLAY) has reported Enterprise Value for 8 consecutive years, with -$642.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 586.39% year-over-year to -$642.1 million; the TTM figure through Mar 2026 stood at -$642.1 million (down 586.39% YoY), while the FY2025 annual figure was -$554.5 million, down 346.16% from the prior year.
  • Enterprise Value eased to -$642.1 million in Q1 2026 per RLAY's latest filing, from -$554.5 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$91.6 million in Q3 2025 and bottomed at -$642.1 million in Q1 2026.
  • Historically, Enterprise Value has averaged -$199.7 million across 5 years, with a median of -$145.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Enterprise Value jumped 58.57% — and 2026, when it tumbled 586.39%.
  • Relay Therapeutics' Enterprise Value stood at -$151.8 million in 2022, then climbed by 5.31% to -$143.7 million in 2023, then advanced by 13.53% to -$124.3 million in 2024, then slumped by 346.16% to -$554.5 million in 2025, then declined by 15.79% to -$642.1 million in 2026.
  • Business Quant data shows RLAY's Enterprise Value at -$642.1 million in Q1 2026, -$554.5 million in Q4 2025, and -$91.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn -7.85 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn -7.99 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn -5.18 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - -3.94 Bn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn -5.10 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn -8.46 Mn
7 Royalty Pharma 33.72 Bn 35.84 Bn - 2.12 Bn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn -3.31 Bn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn -1.16 Bn
10 Relay Therapeutics 4.34 Bn 4.34 Bn - -910.93 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -910.93 Mn
Mar 31, 2026 -642.07 Mn
Dec 31, 2025 -554.52 Mn
Sep 30, 2025 -91.56 Mn
Jun 30, 2025 -113.94 Mn
Mar 31, 2025 -93.54 Mn
Dec 31, 2024 -124.29 Mn
Sep 30, 2024 -152.36 Mn
Jun 30, 2024 -134.13 Mn
Mar 31, 2024 -152.87 Mn
Dec 31, 2023 -143.74 Mn
Sep 30, 2023 -151.33 Mn
Jun 30, 2023 -145.90 Mn
Mar 31, 2023 -161.28 Mn
Dec 31, 2022 -151.79 Mn
Sep 30, 2022 -354.64 Mn
Jun 30, 2022 -107.74 Mn
Mar 31, 2022 -119.45 Mn
Dec 31, 2021 -280.12 Mn
Sep 30, 2021 -228.56 Mn