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Companies / Health Care / Relay Therapeutics, Inc.
RLAY

Relay Therapeutics, Inc.

Health CareBiological Products
Ticker RLAYCAMBRIDGE, MAFiscal year ends DecemberBook value per share $4.08Diluted shares 200.6M

Relay Therapeutics (Nasdaq: RLAY) is a clinical-stage biopharmaceutical company developing small-molecule precision medicines for cancer and genetic diseases. Its Dynamo platform combines computational and experimental methods to study protein motion and identify drug candidates for genetically validated targets. The… From the company’s description.

Over the twelve months to Sep 30, 2026, Relay Therapeutics, Inc. reported revenue of $10.35M, up 23.9% from a year earlier, and a net loss of $293.63M. Operations used $214.02M in cash. In fiscal 2025, it reported revenue of $15.36M, up 53.4% from fiscal 2024, and a net loss of $276.48M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$15.36MFY2025
+53.4% year over year
Last 12 mo $10.35M
-1971.59%FY2025
+1750.5 percentage points
Last 12 mo -3094.58%
$-276.48MFY2025
+18.1% year over year
Last 12 mo $-293.63M
-48.76%FY2025
−5.3 percentage points
Last 12 mo -35.85%
Cash & financing
$-235.46MFY2025
+5.5% year over year
Last 12 mo $-214.02M
$-235.87MFY2025
+6.1% year over year
Last 12 mo $-214.02M
—
171.7MFY2025
+20.0% year over year
Last 12 mo 200.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Relay Therapeutics, Inc. does

In the company’s own words

Relay Therapeutics (Nasdaq: RLAY) is a clinical-stage biopharmaceutical company developing small-molecule precision medicines for cancer and genetic diseases. Its Dynamo platform combines computational and experimental methods to study protein motion and identify drug candidates for genetically validated targets. The lead candidate, zovegalisib, is in clinical development for PI3Kα-mutated breast cancer and vascular anomalies; other programs include an NRAS-selective inhibitor for solid tumors and a non-inhibitory chaperone for Fabry disease. Relay has licensed global development and commercialization rights for its FGFR2 inhibitor lirafugratinib to Elevar Therapeutics, while retaining rights to its other active precision-medicine programs. The company’s research and development pipeline spans precision oncology and genetic diseases, and it has no products approved for commercial sale. Its Dynamo platform and pipeline reflect the company’s focus on targets linked to disease-causing genetic alterations.

Company details
Sector
Health Care
Industry (SIC)
Biological Products
Headquarters
CAMBRIDGE, MA
Fiscal year end
December
CIK
1812364
SIC
2836

Financial performance, year by year

Fiscal 2020–2025 · USD
$-408.52M$-274.57M$-140.61M$-6.65M$127.31M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Relay Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

265
funds hold it
1 of 35
superinvestors hold it
$1.01B
held by funds, at market
27.2%
of shares held by funds

Superinvestors in Relay Therapeutics, Inc. · what they did last quarter

Stanley DruckenmillerNEW
Duquesne Family Office
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Relay Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
1.10%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.04%of fund net assets
T. Rowe Price Health Sciences Fund, Inc.
PRHSX · T. ROWE PRICE HEALTH SCIENCES FUND, INC.
0.29%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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