undamentalytics Newsletter

Opus Genetics vs Relay Therapeutics

Opus Genetics and Relay Therapeutics are similar in size: $14.2m and $15.4m of revenue in their latest fiscal years. Relay Therapeutics grew faster (53.4% against 29.1%). Opus Genetics kept more of each dollar of sales as profit: a net margin of -349.3% against -1800.6%. Relay Therapeutics carries less debt relative to equity (0.0% against 7.4%).

Latest fiscal yearOpus GeneticsIRD, 2025Relay TherapeuticsRLAY, 2025
Revenue $14.2m $15.4m
Revenue growth 29.1% 53.4%
Net income −$49.6m −$276m
Operating margin -271.9% -1971.6%
Net margin -349.3% -1800.6%
Return on equity — -41.1%
Free cash flow −$35.3m −$236m
Cash $45.1m $84.0m
Total debt $1.1m $0
Debt to equity 7.4% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 27 192
Market value $324m $3.84bn
Price vs our value range — —
Moat score 10 (Weak) 12 (Weak)
Insider trades, 12 months 2 buys, 23 sales 0 buys, 40 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.