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Filing Flows › Relay Therapeutics (RLAY) › R&D spending

Relay Therapeutics (RLAY) R&D spending by quarter

Relay Therapeutics' R&D spending was $76.5M in Q2 2026 (second quarter 2026), +8% from Q1 2026. Over the last 5 quarters it ranged from $55.4M (Q4 2025) to $76.5M (Q2 2026).

Relay Therapeutics R&D spending by quarterRelay Therapeutics R&D spending by quarter$73.8MQ1 2025$63.9MQ2 2025$55.4MQ4 2025$70.6MQ1 2026$76.5MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$76.5M+8%+20%
Q1 2026$70.6M+27%-4%
Q4 2025$55.4M-13%—
Q2 2025$63.9M-13%—
Q1 2025$73.8M——

Q2 2026 at a glance

Relay Therapeutics, Q2 2026: revenue $350K (-48% year over year), net loss $83.7M, operating cash flow −$54.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Relay Therapeutics' R&D spending?

Relay Therapeutics' R&D spending was $76.5M in Q2 2026 (second quarter 2026), +8% from Q1 2026.

How has Relay Therapeutics' R&D spending changed?

Over the last 5 quarters it ranged from $55.4M (Q4 2025) to $76.5M (Q2 2026).

Q2 2026 results → · How Relay Therapeutics makes money →