Financial Statements — RELY
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Cash & Equivalents | 0.68 | 0.65 | 0.48 | 0.52 | 0.49 | 0.32 | 0.19 | 0.29 | 0.22 | 0.23 | 0.24 | 0.38 | 0.43 | 0.44 | 0.44 |
| Total Current Assets | 1.29 | 1.25 | 1.08 | 1.04 | 0.98 | 0.86 | 0.84 | 0.97 | 0.73 | 0.68 | 0.61 | 0.67 | 0.70 | 0.61 | 0.65 |
| Property, Plant & Equipment | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Goodwill | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | -- | -- | -- | -- |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | -- | -- | -- | -- |
| Total Non-current Assets* | 0.07 | 0.07 | 0.07 | 0.06 | 0.05 | 0.11 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Assets | 1.57 | 1.39 | 1.21 | 1.17 | 1.10 | 0.97 | 0.95 | 1.08 | 0.83 | 0.78 | 0.72 | 0.69 | 0.73 | 0.63 | 0.66 |
| Accounts Payable | 0.04 | 0.03 | 0.03 | 0.02 | 0.04 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Short-term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- | -- | -- |
| Total Current Liabilities | 0.40 | 0.44 | 0.38 | 0.36 | 0.35 | 0.32 | 0.34 | 0.37 | 0.30 | 0.23 | 0.20 | 0.22 | 0.25 | 0.15 | 0.17 |
| Long-term Debt | 0.00 | 0.00 | -- | -- | -- | 0.00 | 0.02 | 0.15 | -- | 0.03 | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.02 | 0.03 | 0.16 | 0.01 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
| Total Liabilities | 0.44 | 0.48 | 0.42 | 0.40 | 0.38 | 0.34 | 0.37 | 0.53 | 0.31 | 0.27 | 0.22 | 0.22 | 0.26 | 0.16 | 0.18 |
| Retained Earnings | (0.21) | (0.41) | (0.50) | (0.51) | (0.52) | (0.52) | (0.52) | (0.51) | (0.46) | (0.42) | (0.40) | (0.35) | (0.32) | (0.28) | (0.24) |
| Total Stockholder Equity | 1.13 | 0.91 | 0.80 | 0.76 | 0.72 | 0.63 | 0.58 | 0.55 | 0.53 | 0.52 | 0.50 | 0.47 | 0.47 | 0.47 | 0.49 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 495.16 | 452.80 | 442.18 | 419.49 | 411.85 | 361.62 | 351.90 | 336.53 | 306.42 | 269.12 | 264.76 | 241.63 | 234.03 | 203.87 | 191.03 | 169.26 | 157.26 | 136.01 | 135.26 | 121.24 |
| Research & Development | 74.05 | 79.60 | 82.14 | 80.42 | 77.50 | 73.85 | 70.61 | 68.45 | 67.55 | 63.21 | 59.24 | 57.01 | 54.31 | 49.38 | 42.88 | 36.18 | 36.08 | 23.58 | 19.13 | 18.12 |
| Selling, General & Admin | 55.92 | 55.15 | 56.75 | 55.97 | 59.58 | 52.83 | 54.88 | 50.92 | 45.89 | 44.17 | 48.66 | 49.82 | 39.49 | 41.41 | 34.90 | 35.50 | 37.51 | 23.34 | 23.51 | 24.54 |
| Operating Income | 66.68 | 53.74 | 38.82 | 11.78 | 14.64 | 12.23 | (3.74) | 0.37 | (15.76) | (19.95) | (31.00) | (36.90) | (18.22) | (28.07) | (22.87) | (35.62) | (39.38) | (23.17) | (16.54) | (12.67) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 0.76 | 0.75 | 0.77 | 0.79 | 0.59 | 0.59 | 0.39 | 0.33 | 0.33 | 0.33 | 0.31 | 0.21 | 0.51 |
| Pretax Income | 64.64 | 52.08 | 36.15 | 12.42 | 8.11 | 14.94 | (5.13) | 3.77 | (8.80) | (20.08) | (29.60) | (35.40) | (18.99) | (27.94) | (19.83) | (32.78) | (37.58) | (22.78) | (16.62) | (12.70) |
| Tax Provision | (141.26) | 3.02 | (5.07) | 3.59 | 1.58 | 3.59 | 0.59 | 1.85 | 3.29 | 1.00 | 5.42 | 0.26 | (0.14) | 0.37 | (0.43) | 0.29 | 0.66 | 0.53 | (0.04) | 0.26 |
| Net Income | 205.91 | 49.05 | 41.22 | 8.83 | 6.54 | 11.35 | (5.72) | 1.92 | (12.09) | (21.08) | (35.02) | (35.65) | (18.85) | (28.31) | (19.39) | (33.07) | (38.24) | (23.31) | (16.58) | (12.96) |
| Basic EPS | 0.98 | 0.23 | 0.20 | 0.04 | 0.03 | 0.06 | (0.03) | 0.01 | (0.06) | (0.11) | (0.18) | (0.20) | (0.11) | (0.16) | (0.11) | (0.20) | (0.23) | (0.14) | 0.21 | (0.41) |
| Diluted EPS | 0.93 | 0.23 | 0.19 | 0.04 | 0.03 | 0.05 | (0.03) | 0.01 | (0.06) | (0.11) | (0.18) | (0.20) | (0.11) | (0.16) | (0.11) | (0.20) | (0.23) | (0.14) | 0.21 | (0.41) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 134.62 | 81.89 | 149.62 | 1.37 | 41.19 | 132.90 | 55.64 | 146.76 | 48.90 | (56.81) | (34.47) | 32.35 | (51.90) | 0.43 | (77.35) | (53.82) | (14.22) | 40.25 | (37.82) | 19.43 |
| Capital Expenditures | 1.18 | 5.99 | 6.36 | (3.48) | 12.59 | 13.96 | 2.81 | 1.12 | 1.13 | 0.95 | 0.59 | 0.70 | 0.70 | 0.86 | 1.48 | 0.71 | 0.62 | 0.87 | 0.61 | 1.35 |
| Free Cash Flow* | 133.44 | 75.91 | 143.26 | 4.85 | 28.60 | 118.94 | 52.83 | 145.64 | 47.77 | (57.75) | (35.06) | 31.64 | (52.60) | (0.43) | (78.83) | (54.52) | (14.84) | 39.38 | (38.42) | 18.08 |
| Investing Cash Flow | (6.57) | (13.74) | (18.35) | (19.02) | (15.65) | (16.91) | (5.22) | (3.91) | (4.26) | (4.31) | (2.59) | (2.61) | (1.75) | (43.09) | (2.29) | (1.84) | (1.55) | (1.62) | (1.25) | (3.29) |
| Financing Cash Flow | (99.75) | 39.11 | (66.08) | (19.80) | (10.97) | 7.07 | 1.46 | (10.27) | (144.75) | 26.12 | 136.17 | (32.67) | 36.79 | (13.64) | 2.88 | 3.75 | 1.84 | 2.60 | (1.46) | 239.67 |
* Derived from reported values
