Relay Therapeutics (RLAY) Invested Capital (2019 - 2026)

Relay Therapeutics (RLAY) reported Invested Capital of $642.2 million for Q1 2026, down 10.94% year-over-year from $721.1 million in Q1 2025, and up 13.25% on a QoQ basis from $567.1 million in Q4 2025.

Relay Therapeutics (RLAY) has 8 years of Invested Capital data on file, last reported at $642.2 million in Q1 2026.

  • Quarterly Invested Capital fell 10.94% year-over-year to $642.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $642.2 million (down 10.94% YoY) and the FY2025 annual result came in at $567.1 million, down 27.09% from the prior year.
  • Invested Capital advanced to $642.2 million in Q1 2026 per RLAY's latest filing, from $567.1 million in the prior quarter.
  • Across five years, Invested Capital topped out at $999.8 million in Q3 2022 and bottomed at $567.1 million in Q4 2025.
  • The 5-year median for Invested Capital is $777.8 million (2024), against an average of $767.3 million.
  • The widest annual swing landed in 2022, when Invested Capital jumped 75.06%; it then declined 27.56% in 2025.
  • Tracing RLAY's Invested Capital over 5 years: stood at $950.2 million in 2022, then retreated by 20.86% to $752.0 million in 2023, then gained by 3.43% to $777.8 million in 2024, then declined by 27.09% to $567.1 million in 2025, then gained by 13.25% to $642.2 million in 2026.
  • Per Business Quant, the three latest RLAY Invested Capital figures stand at $642.2 million (Q1 2026), $567.1 million (Q4 2025), and $607.7 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Quantum Biopharma 1,216,509.61 Bn 1,216,509.61 Bn - 595,226.00
2 Alterity Therapeutics 764,224.41 Bn 764,224.38 Bn - -
3 Legend Biotech 2,716.00 Bn 2,715.71 Bn 242.10 Mn -
4 Nanobiotix 2,248.83 Bn 2,248.77 Bn - 110.96 Mn
5 Akari Therapeutics 1,951.18 Bn 1,951.17 Bn - 14.38 Mn
6 Vertex Pharmaceuticals 113.69 Bn 106.44 Bn 2.59 Bn 19.36 Bn
7 Evaxion A 64.16 Bn 64.14 Bn - -
8 Regeneron Pharmaceuticals 63.94 Bn 55.18 Bn 3.31 Bn 31.42 Bn
9 Alnylam Pharmaceuticals 40.13 Bn 37.12 Bn 959.66 Mn 1.08 Bn
10 Relay Therapeutics 2.53 Bn 2.53 Bn - 642.18 Mn

Historic Data

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DateValue
Mar 31, 2026 642.18 Mn
Dec 31, 2025 567.06 Mn
Sep 30, 2025 607.71 Mn
Jun 30, 2025 665.66 Mn
Mar 31, 2025 721.08 Mn
Dec 31, 2024 777.79 Mn
Sep 30, 2024 838.86 Mn
Jun 30, 2024 681.74 Mn
Mar 31, 2024 745.76 Mn
Dec 31, 2023 752.00 Mn
Sep 30, 2023 778.37 Mn
Jun 30, 2023 810.12 Mn
Mar 31, 2023 883.41 Mn
Dec 31, 2022 950.22 Mn
Sep 30, 2022 999.77 Mn
Jun 30, 2022 779.64 Mn
Mar 31, 2022 841.97 Mn
Dec 31, 2021 897.81 Mn
Sep 30, 2021 571.09 Mn
Jun 30, 2021 618.53 Mn
Mar 31, 2021 732.79 Mn
Dec 31, 2020 763.29 Mn
Sep 30, 2020 713.53 Mn
Jun 30, 2020 -225.39 Mn
Mar 31, 2020 -202.35 Mn
Dec 31, 2019 -180.44 Mn
Sep 30, 2019 -158.29 Mn
Jun 30, 2019 -140.02 Mn