Relay Therapeutics (RLAY) Operating Income (2019 - 2026)
Relay Therapeutics' (RLAY) quarterly Operating Income came in at -$78.6 million in Q1 2026, up 7.4% year-on-year from -$73.2 million in Q1 2025, and down 29.62% on a QoQ basis from -$60.6 million in Q4 2025.
Relay Therapeutics (RLAY) Operating Income (2019 - 2026) Analysis & Trends
Relay Therapeutics (RLAY) has 8 years of Operating Income data on file, last reported at -$78.6 million in Q1 2026.
- On a quarterly basis, Operating Income rose 7.4% year-over-year to -$78.6 million in Q1 2026; TTM through Mar 2026 was -$296.5 million, a 19.22% increase from a year earlier, with the FY2025 full-year figure at -$302.7 million, up 18.72% from the prior year.
- Operating Income for Q1 2026 stood at -$78.6 million, down from -$60.6 million in the prior quarter.
- Over the last five years, Operating Income for RLAY reached as high as -$60.6 million in Q4 2025 and fell as low as -$106.0 million in Q2 2023.
- Historically, Operating Income has averaged -$83.9 million across 5 years, with a median of -$84.9 million in 2025.
- Across the five-year window, Operating Income surged 59.8% in 2022 and slumped 61.31% in 2023, its largest moves.
- Year by year, Operating Income stood at -$72.9 million in 2022, then fell by 26.55% to -$92.2 million in 2023, then rose by 7.83% to -$85.0 million in 2024, then rose by 28.65% to -$60.6 million in 2025, then retreated by 29.62% to -$78.6 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were -$78.6 million in Q1 2026, -$60.6 million in Q4 2025, and -$80.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -27.75 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | -15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 249.90 Mn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.14 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 642.90 Mn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | -32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | 394.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | -445.22 Mn |
| 10 | Relay Therapeutics | 3.31 Bn | 3.31 Bn | - | -78.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -78.59 Mn |
| Dec 31, 2025 | -60.63 Mn |
| Sep 30, 2025 | -80.39 Mn |
| Jun 30, 2025 | -76.85 Mn |
| Mar 31, 2025 | -84.87 Mn |
| Dec 31, 2024 | -84.98 Mn |
| Sep 30, 2024 | -96.37 Mn |
| Jun 30, 2024 | -100.76 Mn |
| Mar 31, 2024 | -90.36 Mn |
| Dec 31, 2023 | -92.20 Mn |
| Sep 30, 2023 | -73.58 Mn |
| Jun 30, 2023 | -106.05 Mn |
| Mar 31, 2023 | -101.18 Mn |
| Dec 31, 2022 | -72.85 Mn |
| Sep 30, 2022 | -85.89 Mn |
| Jun 30, 2022 | -77.81 Mn |
| Mar 31, 2022 | -62.72 Mn |
| Dec 31, 2021 | -67.72 Mn |
| Sep 30, 2021 | -60.99 Mn |
| Jun 30, 2021 | -193.58 Mn |