Rallybio Corp(RLYB)Stock Analysis
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Quality rankings require at least $50M annual revenue or $250M total assets to filter out micro-caps and shell companies. This company reported $0.9M in revenue.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
RLYB Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Rallybio Corp (RLYB), a Healthcare sector company. RLYB is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least $50m annual revenue or $250m total assets to filter out micro-caps and shell companies. this company reported $0.9m in revenue. Based on the latest XBRL financial filings (Q1 2026), Rallybio Corp reports quarterly revenue of $212.0K, net income of $-8.3M, free cash flow of $-8.0M. Top institutional holders of RLYB by reported 13-F value include FMR, VIKING GLOBAL INVESTORS, Cormorant Asset Management,, based on the most recent SEC filings. RLYB trades on the Nasdaq exchange and files with the SEC under CIK 1739410. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RLYB daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Rallybio Corp directly from SEC EDGAR.
Revenue
Q1 2026
$212.0K
Net Income
Q1 2026
$-8.3M
Free Cash Flow
Q1 2026
$-8.0M
ROIC
Q1 2026
-17.4%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+34.9% YoYNet Income
+84.5% YoYOperating Income
+45.3% YoYEPS (Diluted)
+85.0% YoYTotal Assets
-8.6% YoYOp. Cash Flow
+39.5% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $858.0K +34.9% | $636.0K | — | — | — | — |
| Net Income | $-9.0M +84.5% | $-57.8M +22.5% | $-74.6M -11.9% | $-66.7M -41.8% | $-47.0M -77.8% | $-26.4M |
| Operating Income | $-33.1M +45.3% | $-60.5M +23.4% | $-78.9M -16.3% | $-67.9M -48.7% | $-45.6M -80.4% | $-25.3M |
| EPS (Diluted) | $-1.59 +85.0% | $-10.61 -476.6% | $-1.84 +12.0% | $-2.09 -13.6% | $-1.84 | — |
| Total Assets | $62.3M -8.6% | $68.1M -41.1% | $115.6M -35.9% | $180.4M -1.0% | $182.2M +28.4% | $141.9M |
| Operating Cash Flow | $-29.8M +39.5% | $-49.3M +18.2% | $-60.3M -5.2% | $-57.3M -25.8% | $-45.5M -106.6% | $-22.0M |
AI Insight: RLYB Financial Trends
Pre-revenue biotech burning cash steadily while equity base erodes, with a mysterious $16M net income spike in Q3 2025 requiring clarification.
• Operating cash burn moderated to $5–8M per quarter in Q4 2025–Q1 2026, down from $10–14M in H2 2024.
• Equity base contracted 38% from $80M (Q2 2024) to $50M (Q1 2026) despite zero revenue; cumulative cash drain evident.
• Q3 2025 posted unexpected $16M net income while operating income remained negative at $-7M—source and sustainability unclear.
⚠ Q3 2025 $16M net income anomaly demands explanation; if non-recurring, cash burn resumes at $6–10M quarterly pace.
⚠ At current $8M quarterly burn rate, remaining $50M equity provides ~6 quarters of runway without revenue inflection.
AI Insight: RLYB Ratio Trends
Rallybio remains deeply unprofitable with no clear path to positive returns; Q3 2025's anomalous positive ROE masks persistent operational losses.
• ROE, ROA, and ROIC have remained negative across all periods, ranging from -15.6% to -87.5%, indicating consistent net losses and minimal asset productivity.
• Q3 2025 showed a sharp, isolated spike to ROE +101.6% and ROA +94.7%, but reverted to ROE -40.4% and ROA -37.6% in Q4 2025, suggesting a one-off event rather than operational improvement.
• TTM (trailing twelve months) metrics show modest improvement from Q2 2025 lows (ROE -84.4%, ROIC -87.5%) to TTM levels (ROE -15.6%, ROIC -63.9%), but remain significantly negative.
⚠ Q3 2025 anomaly requires investigation: a dramatic swing to positive returns followed by reversion suggests accounting or timing effects, not sustainable profitability.
⚠ No operating or net profit margin data available; inability to assess cost structure or pricing power limits visibility into path to profitability.
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Available Research
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Top Institutional Holders of RLYB
FMR LLC
$7.1M793,451 shVIKING GLOBAL INVESTORS LP
$4.7M524,347 shCormorant Asset Management, LP
$3.6M400,000 shTPG GP A, LLC
$3.4M378,551 shBALYASNY ASSET MANAGEMENT L.P.
$3.4M376,573 shLaurion Capital Management LP
$2.7M302,756 shNantahala Capital Management, LLC
$2.7M300,635 shPivotal bioVenture Partners Investment Advisor LLC
$2.7M300,579 sh5AM Venture Management, LLC
$2.6M291,788 shAlmitas Capital LLC
$1.7M191,206 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $7.1M | 793,451 |
| VIKING GLOBAL INVESTORS LP | $4.7M | 524,347 |
| Cormorant Asset Management, LP | $3.6M | 400,000 |
| TPG GP A, LLC | $3.4M | 378,551 |
| BALYASNY ASSET MANAGEMENT L.P. | $3.4M | 376,573 |
| Laurion Capital Management LP | $2.7M | 302,756 |
| Nantahala Capital Management, LLC | $2.7M | 300,635 |
| Pivotal bioVenture Partners Investment Advisor LLC | $2.7M | 300,579 |
| 5AM Venture Management, LLC | $2.6M | 291,788 |
| Almitas Capital LLC | $1.7M | 191,206 |
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Popular Research
Is RLYB a good stock to buy?
13F Pro's AI-powered analysis of Rallybio Corp (RLYB) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RLYB are available on the RLYB stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own RLYB?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RLYB. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Rallybio Corp's investment landscape.