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Filing Flows › Relay Therapeutics (RLAY) › Q2 2026 › vs Q1 2026

Relay Therapeutics (RLAY) Q2 2026 vs Q1 2026 (quarter over quarter)

Relay Therapeutics's revenue fell $2.6M (-88%) from $3.0M in Q1 2026 to $350K in Q2 2026.

Relay Therapeutics, Q2 2026: revenue $350K (-48% year over year), net loss $83.7M, operating cash flow −$54.1M. The chart draws each line against Q1 2026, the increases inside each band.

Relay Therapeutics: what changed, Q2 2026 vs Q1 2026Relay Therapeutics: what changed, Q2 2026 vs Q1 2026Net loss$10.4MOperating cash sources$10.4MNet loss absorbed$10.4MCosts & expenses$9.6MOperating costs$9.6MWorking capital & other$8.9MResearch & development$5.9MGeneral & admin$3.7MCash used in operations$3.0MOther income, net$1.8M

Every line

LineQ2 2026Q1 2026Change%
Revenue$350K$3.0M−$2.6M-88%
Other income, net$7.1M$5.3M$1.8M+34%
Net loss$83.7M$73.3M$10.4M+14%
Costs & expenses$91.2M$81.6M$9.6M+12%
Operating costs$91.2M$81.6M$9.6M+12%
Research & development$76.5M$70.6M$5.9M+8%
General & admin$14.7M$11.0M$3.7M+33%
Operating cash sources$83.7M$73.3M$10.4M+14%
Depreciation$360K$504K−$144K-29%
Share-based compensation$9.2M$10.5M−$1.4M-13%
Working capital & other$20.1M$11.1M$8.9M+80%
Cash used in operations$54.1M$51.1M$3.0M+6%
Net loss absorbed$83.7M$73.3M$10.4M+14%

Questions

How much did Relay Therapeutics's revenue grow quarter over quarter in Q2 2026?

Relay Therapeutics's revenue fell $2.6M (-88%) from $3.0M in Q1 2026 to $350K in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →