Relay Therapeutics (RLAY) Operating Leases (2019 - 2026)

Relay Therapeutics (RLAY) reported Operating Leases of $27.7 million for Q1 2026, down 32.87% year-over-year from $41.2 million in Q1 2025, and down 3.53% quarter-over-quarter from $28.7 million in Q4 2025.

Relay Therapeutics (RLAY) Operating Leases (2019 - 2026) Analysis & Trends

Relay Therapeutics (RLAY) has 8 years of Operating Leases data on file, last reported at $27.7 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $27.7 million, down 32.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.7 million (down 32.87% YoY), and the FY2025 annual result was $28.7 million, down 32.92% from the prior year.
  • Operating Leases eased to $27.7 million in Q1 2026 per RLAY's latest filing, from $28.7 million in the prior quarter.
  • Over five years, Operating Leases peaked at $54.6 million in Q3 2022 and troughed at $20.0 million in Q2 2022.
  • A 5-year average of $40.5 million and a median of $44.3 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2025: Operating Leases jumped 155.25% in 2023, then plunged 33.01% in 2025.
  • A 5-year view of Operating Leases shows it stood at $53.5 million in 2022, then declined by 9.28% to $48.5 million in 2023, then decreased by 11.81% to $42.8 million in 2024, then tumbled by 32.92% to $28.7 million in 2025, then retreated by 3.53% to $27.7 million in 2026.
  • Business Quant data shows RLAY's Operating Leases at $27.7 million in Q1 2026, $28.7 million in Q4 2025, and $29.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn -
7 Psyence Biomedical 212.16 Bn 212.16 Bn -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn
9 Abivax 91.96 Bn 91.96 Bn -
10 Relay Therapeutics 2.86 Bn 2.86 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 27.68 Mn
Dec 31, 2025 28.69 Mn
Sep 30, 2025 29.69 Mn
Jun 30, 2025 30.66 Mn
Mar 31, 2025 41.23 Mn
Dec 31, 2024 42.78 Mn
Sep 30, 2024 44.29 Mn
Jun 30, 2024 45.76 Mn
Mar 31, 2024 47.16 Mn
Dec 31, 2023 48.50 Mn
Sep 30, 2023 49.82 Mn
Jun 30, 2023 51.10 Mn
Mar 31, 2023 52.31 Mn
Dec 31, 2022 53.47 Mn
Sep 30, 2022 54.60 Mn
Jun 30, 2022 20.02 Mn
Mar 31, 2022 20.56 Mn
Dec 31, 2021 21.06 Mn
Sep 30, 2021 21.55 Mn
Jun 30, 2021 22.02 Mn