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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›RLAY›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Relay Therapeutics, Inc. (RLAY) financials

Income statement

Relay Therapeutics, Inc. (RLAY) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—$82.7M$3.03M$1.38M$25.5M$10.0M$15.4M
Revenue growth——-96.3%-54.4%1749.8%-60.8%53.4%
Operating income-$84.0M-$55.8M-$365M-$299M-$373M-$372M-$303M
Operating margin—-67.5%-12040.2%-21670.9%-1460.1%-3722.1%-1971.6%
Net income-$75.3M-$52.4M-$364M-$291M-$342M-$338M-$276M
Net margin—-63.4%-12012.9%-21036.1%-1338.7%-3374.7%-1800.6%
EPS (diluted)-$21.82-$5.40-$3.82-$2.59-$2.79-$2.36-$1.61

Cash flow

Relay Therapeutics, Inc. (RLAY) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$66.1M-$102M-$74.4M-$229M-$300M-$249M-$235M
Capital expenditures$8.00M$1.93M$3.47M$9.06M$4.13M$2.02M$410K
Free cash flow-$74.1M-$104M-$77.9M-$239M-$304M-$251M-$236M

Balance sheet

Relay Therapeutics, Inc. (RLAY) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$42.0M$448M$280M$152M$144M$124M$84.0M
Total assets$393M$800M$1.01B$1.10B$844M$871M$621M
Total liabilities$35.7M$36.5M$111M$150M$92.0M$93.5M$54.3M
Shareholders' equity-$180M$763M$898M$950M$752M$778M$567M
Retained earnings-$189M-$404M-$768M-$1.06B-$1.40B-$1.74B-$2.01B
Shares (wtd avg diluted)4.04M42.6M95.1M112M123M143M172M

Every figure is extracted from Relay Therapeutics, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Relay Therapeutics, Inc.'s annual revenue?
Relay Therapeutics, Inc. (RLAY) reported $15.4M of revenue for fiscal year 2025 — up 53.4% from $10.0M in FY2024, per its annual report filed with the SEC.
Is Relay Therapeutics, Inc. profitable?
Not in FY2025 — RLAY reported a net loss of $276M, per SEC filings.
What is Relay Therapeutics, Inc.'s free cash flow?
-$236M in FY2025 (operating cash flow -$235M minus $410K of capital expenditures), from the SEC cash-flow statement.
Does RLAY pay a dividend?
Relay Therapeutics, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full RLAY analysis — verdict, score & filings →Is RLAY a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.