10-Q quarterly report · filed Nov 6, 2025

Relay Therapeutics, Inc. (RLAY) Q3 2025 10-Q Quarterly Report

Short answer

Relay Therapeutics, Inc. (RLAY) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $0 with net income of −$74M.

Q3 2025 key financials · XBRL

Revenue
$0
−100.0% QoQ
Net income
−$74M
+15.8% YoY · −5.4% QoQ
EPS (diluted)
−$0.43
+30.6% YoY · −4.9% QoQ

Source: XBRL data from the Relay Therapeutics, Inc. (RLAY) Q3 2025 10-Q on SEC EDGAR. USD.

Relay Therapeutics, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New clinical trial collaboration with Pfizer for combination therapy in metastatic breast cancer, initiated June 2024, introducing additional regulatory and safety risks
  • Increased risk of clinical trial delays from FDA potentially requiring additional trials or changing approval conditions due to novel mechanisms of action
  • FDA may require companion diagnostics for RLY-2608 biomarker-defined population, failure of third-party diagnostics could delay regulatory approval
  • Near-term risk of slower patient enrollment due to competitive clinical trial environment and specific eligibility criteria, impacting trial timelines
  • Financial risk from increased costs if clinical trials face delays, with potential impact on exclusive commercialization period and competitive positioning

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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