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Side-by-side financial comparison of Edible Garden AG Inc (EDBL) and Relay Therapeutics, Inc. (RLAY). Click either name above to swap in a different company.

Relay Therapeutics, Inc. is the larger business by last-quarter revenue ($7.0M vs $4.1M, roughly 1.7× Edible Garden AG Inc). Edible Garden AG Inc produced more free cash flow last quarter ($-2.8M vs $-235.9M).

Edible Garden AG Inc is a U.S.-based sustainable agricultural company specializing in hydroponically grown fresh organic herbs, leafy greens, and specialty vegetables. It distributes its pesticide-free produce to leading grocery retailers, food service operators, and direct-to-consumer platforms across North America, prioritizing eco-friendly, low-water farming practices.

Relay Therapeutics is a clinical-stage biotechnology company focused on developing precision oncology therapies. It leverages advanced computational modeling of protein dynamics, paired with cutting-edge experimental biology, to design targeted medicines for previously intractable cancer types, serving global oncology care markets and patient populations.

EDBL vs RLAY — Head-to-Head

Bigger by revenue
RLAY
RLAY
1.7× larger
RLAY
$7.0M
$4.1M
EDBL
More free cash flow
EDBL
EDBL
$233.1M more FCF
EDBL
$-2.8M
$-235.9M
RLAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EDBL
EDBL
RLAY
RLAY
Revenue
$4.1M
$7.0M
Net Profit
Gross Margin
-29.0%
Operating Margin
-138.6%
Net Margin
Revenue YoY
6.6%
Net Profit YoY
EPS (diluted)
$-109.97

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EDBL
EDBL
RLAY
RLAY
Q4 25
$4.1M
$7.0M
Q3 25
$2.8M
$0
Q2 25
$3.1M
Q1 25
$2.7M
$7.7M
Q4 24
$3.9M
$0
Q3 24
$2.6M
$0
Q2 24
$4.3M
$0
Q1 24
$3.1M
$10.0M
Net Profit
EDBL
EDBL
RLAY
RLAY
Q4 25
Q3 25
$-4.0M
$-74.1M
Q2 25
$-4.0M
Q1 25
$-3.3M
$-77.1M
Q4 24
$-3.1M
Q3 24
$-2.1M
$-88.1M
Q2 24
$-1.9M
$-92.2M
Q1 24
$-4.0M
$-81.4M
Gross Margin
EDBL
EDBL
RLAY
RLAY
Q4 25
-29.0%
Q3 25
9.7%
Q2 25
20.2%
Q1 25
3.2%
Q4 24
0.6%
Q3 24
27.1%
Q2 24
36.7%
Q1 24
0.7%
Operating Margin
EDBL
EDBL
RLAY
RLAY
Q4 25
-138.6%
Q3 25
-126.3%
Q2 25
-114.2%
Q1 25
-107.7%
-1105.2%
Q4 24
-70.8%
Q3 24
-57.7%
Q2 24
-27.7%
Q1 24
-123.3%
-903.0%
Net Margin
EDBL
EDBL
RLAY
RLAY
Q4 25
Q3 25
-143.6%
Q2 25
-128.5%
Q1 25
-122.3%
-1003.6%
Q4 24
-79.5%
Q3 24
-79.8%
Q2 24
-45.3%
Q1 24
-127.0%
-813.3%
EPS (diluted)
EDBL
EDBL
RLAY
RLAY
Q4 25
$-109.97
Q3 25
$1.38
$-0.43
Q2 25
$-6.58
Q1 25
$-2.47
$-0.46
Q4 24
$-330.78
Q3 24
$16.32
$-0.63
Q2 24
$-30.02
$-0.69
Q1 24
$-341.14
$-0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EDBL
EDBL
RLAY
RLAY
Cash + ST InvestmentsLiquidity on hand
$84.0M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$12.5M
$567.1M
Total Assets
$20.6M
$621.3M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EDBL
EDBL
RLAY
RLAY
Q4 25
$84.0M
Q3 25
$91.6M
Q2 25
Q1 25
$93.5M
Q4 24
$124.3M
Q3 24
$152.4M
Q2 24
$134.1M
Q1 24
$152.9M
Total Debt
EDBL
EDBL
RLAY
RLAY
Q4 25
$1.7M
Q3 25
$2.7M
Q2 25
$2.0M
Q1 25
$2.4M
Q4 24
$2.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EDBL
EDBL
RLAY
RLAY
Q4 25
$12.5M
$567.1M
Q3 25
$12.9M
$607.7M
Q2 25
$1.6M
Q1 25
$1.9M
$721.1M
Q4 24
$4.1M
$777.8M
Q3 24
$3.3M
$838.9M
Q2 24
$511.0K
$681.7M
Q1 24
$-4.1M
$745.8M
Total Assets
EDBL
EDBL
RLAY
RLAY
Q4 25
$20.6M
$621.3M
Q3 25
$20.1M
$670.0M
Q2 25
$21.8M
Q1 25
$8.5M
$799.4M
Q4 24
$11.9M
$871.3M
Q3 24
$8.9M
$930.1M
Q2 24
$9.9M
$772.5M
Q1 24
$6.3M
$841.4M
Debt / Equity
EDBL
EDBL
RLAY
RLAY
Q4 25
0.13×
Q3 25
0.21×
Q2 25
1.28×
Q1 25
1.24×
Q4 24
0.61×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EDBL
EDBL
RLAY
RLAY
Operating Cash FlowLast quarter
$-2.7M
$-235.5M
Free Cash FlowOCF − Capex
$-2.8M
$-235.9M
FCF MarginFCF / Revenue
-66.8%
-3370.0%
Capex IntensityCapex / Revenue
2.3%
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.4M
$-622.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EDBL
EDBL
RLAY
RLAY
Q4 25
$-2.7M
$-235.5M
Q3 25
$-2.4M
$-62.1M
Q2 25
$-3.4M
Q1 25
$-3.3M
$-73.2M
Q4 24
$-1.8M
$-249.1M
Q3 24
$-1.1M
$-75.1M
Q2 24
$-4.6M
$-65.8M
Q1 24
$-1.1M
$-50.3M
Free Cash Flow
EDBL
EDBL
RLAY
RLAY
Q4 25
$-2.8M
$-235.9M
Q3 25
$-2.8M
$-62.1M
Q2 25
$-3.5M
Q1 25
$-3.4M
$-73.6M
Q4 24
$-1.9M
$-251.1M
Q3 24
$-1.1M
$-75.3M
Q2 24
$-4.7M
$-65.8M
Q1 24
$-1.1M
$-52.1M
FCF Margin
EDBL
EDBL
RLAY
RLAY
Q4 25
-66.8%
-3370.0%
Q3 25
-98.9%
Q2 25
-110.8%
Q1 25
-125.5%
-958.4%
Q4 24
-48.6%
Q3 24
-43.4%
Q2 24
-110.2%
Q1 24
-35.6%
-520.7%
Capex Intensity
EDBL
EDBL
RLAY
RLAY
Q4 25
2.3%
5.9%
Q3 25
14.5%
Q2 25
1.7%
Q1 25
2.9%
5.0%
Q4 24
3.3%
Q3 24
0.4%
Q2 24
2.6%
Q1 24
1.8%
17.8%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EDBL
EDBL

Herbs Produce Floral$3.6M86%
Other$576.0K14%

RLAY
RLAY

Segment breakdown not available.

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