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RLMD logoRelmada Therapeutics, Inc.(RLMD)Earnings, Financials & Key Ratios

RLMD•NASDAQ
$7.43
$545M mkt cap·Price updated May 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryNeuroscience and Psychiatry Therapies
AboutRelmada Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing various products for the treatment of central nervous system (CNS) diseases and other disorders. Its lead product candidate is Esmethadone (d-methadone, dextromethadone, and REL-1017), a new chemical entity and N-methyl-D-aspartate receptor antagonist that is in Phase 3 clinical trials for the adjunctive or monotherapy treatment of major depressive disorder in adults. The company was founded in 2004 and is headquartered in Coral Gables, Florida.Show more
  • Revenue$0
  • EBITDA-$59M+29.6%
  • Net Income-$57M+28.3%
  • EPS (Diluted)-1.45+45.3%
  • ROE-94.05%+28.9%
  • ROIC-77.3%+30.6%
Technical→

RLMD Key Insights

Relmada Therapeutics, Inc. (RLMD) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 98 (top 2%)

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Shares diluted 30.9% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

RLMD Price & Volume

Relmada Therapeutics, Inc. (RLMD) stock price & volume — 10-year historical chart

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RLMD Growth Metrics

Relmada Therapeutics, Inc. (RLMD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM28.25%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM44.53%

Return on Capital

10 Years-142.33%
5 Years-99.85%
3 Years-108.89%
Last Year-96.02%

RLMD Recent Earnings

Relmada Therapeutics, Inc. (RLMD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)
Q2 2026Latest
Mar 19, 2026
EPS
$0.27
Est $0.14
-92.9%
Revenue
—
Q4 2025
Nov 13, 2025
EPS
$0.30
Est $0.04
-650.0%
Revenue
—
Q3 2025
Aug 7, 2025
EPS
$0.30
Est $0.25
-20.0%
Revenue
—
Q2 2025
May 12, 2025
EPS
$0.58
Est $0.31
-87.1%
Revenue
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 19, 2026
$0.27vs $0.14-92.9%
—
Q4 2025Nov 13, 2025
$0.30vs $0.04-650.0%
—
Q3 2025Aug 7, 2025
$0.30vs $0.25-20.0%
—
Q2 2025May 12, 2025
$0.58vs $0.31-87.1%
—
Based on last 12 quarters of dataView full earnings history →

RLMD Peer Comparison

Relmada Therapeutics, Inc. (RLMD) competitors in Neuroscience and Psychiatry Therapies — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AXSM logoAXSMAxsome Therapeutics, Inc.Direct Competitor11.33B220.10-59.8165.55%-26.59%-260.01%2.73
ALTO logoALTOAlto Ingredients, Inc.Direct Competitor350.91M4.5428.38-4.9%1.45%6%0.40
INVA logoINVAInnoviva, Inc.Direct Competitor1.93B22.806.9118.52%118.91%46.47%0.23
PRAX logoPRAXPraxis Precision Medicines, Inc.Direct Competitor9.63B333.28-24.72-100%-43.02%0.00
ACAD logoACADACADIA Pharmaceuticals Inc.Product Competitor3.86B22.579.8511.87%34.3%35.65%0.04
INTR logoINTRInter & Co, Inc.Product Competitor2.95B6.7011.4450.54%13.66%2.85
SAVA logoSAVACassava Sciences, Inc.Product Competitor94.44M1.96-3.76-95.77%
NRXP logoNRXPNRx Pharmaceuticals, Inc.Product Competitor84.71M3.06-2.28-157.28%

Compare RLMD vs Peers

Relmada Therapeutics, Inc. (RLMD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AXSM

Most directly comparable listed peer for RLMD.

Scale Benchmark

vs LLY

Larger-name benchmark to compare RLMD against a more recognizable public peer.

Peer Set

Compare Top 5

vs AXSM, ALTO, INVA, PRAX

RLMD Income Statement

Relmada Therapeutics, Inc. (RLMD) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemJun'18Jun'19Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue000000000
Revenue Growth %---------
Cost of Goods Sold2.63K4.87K0000000
COGS % of Revenue---------
Gross Profit
-2.63K▲ 0%
-4.87K▼ 85.4%
0▲ 100.0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
0▲ 0%
Gross Margin %---------
Gross Profit Growth %96.92%-85.38%100%------
Operating Expenses6.92M12.73M15.11M60.84M125.7M161.25M103.7M83.89M1.06M
OpEx % of Revenue---------
Selling, General & Admin3.98M5.7M7.25M24.87M35.08M47.93M48.9M37.72M311.9K
SG&A % of Revenue---------
Research & Development2.94M7.03M7.86M35.97M90.62M113.32M54.81M46.18M744.56K
R&D % of Revenue---------
Other Operating Expenses2.35K0000923000
Operating Income
-6.92M▲ 0%
-12.73M▼ 84.0%
-15.11M▼ 18.7%
-60.84M▼ 302.7%
-125.7M▼ 106.6%
-161.25M▼ 28.3%
-103.7M▲ 35.7%
-83.89M▲ 19.1%
-59.1M▲ 29.6%
Operating Margin %---------
Operating Income Growth %4.18%-84.01%-18.71%-302.67%-106.62%-28.28%35.69%19.1%29.55%
EBITDA-6.91M-12.72M-15.1M-60.83M-125.7M-161.25M0-83.89M-59.1M
EBITDA Margin %---------
EBITDA Growth %3.07%-84.01%-18.72%-302.76%-106.63%-28.28%100%-29.55%
D&A (Non-Cash Add-back)2.63K4.87K4.36K3.75K1.26K2K103.7M00
EBIT-6.92M-16.56M-15.11M-59.34M-125.7M-161.25M-98.79M-83.89M-59.1M
Net Interest Income-1.34M01041.4M1.2M2.66M5.15M3.53M1.4M
Interest Income0-761K1041.4M1.2M2.66M5.15M3.53M1.4M
Interest Expense1.34M00000000
Other Income/Expense-2.04M-5.7M104.11K1.38M-48.32K4.21M4.91M3.91M1.72M
Pretax Income
-8.96M▲ 0%
-17.32M▼ 93.3%
-15.01M▲ 13.4%
-59.46M▼ 296.2%
-125.75M▼ 111.5%
-157.04M▼ 24.9%
-98.79M▲ 37.1%
-79.98M▲ 19.0%
-57.39M▲ 28.3%
Pretax Margin %---------
Income Tax04.59M0000000
Effective Tax Rate %0%-26.5%0%0%0%0%0%0%0%
Net Income
-8.96M▲ 0%
-17.32M▼ 93.3%
-15.01M▲ 13.4%
-59.46M▼ 296.2%
-125.75M▼ 111.5%
-157.04M▼ 24.9%
-98.79M▲ 37.1%
-79.98M▲ 19.0%
-57.39M▲ 28.3%
Net Margin %---------
Net Income Growth %-42.53%-93.26%13.36%-296.24%-111.5%-24.88%37.09%19.04%28.25%
Net Income (Continuing)-8.96M-17.32M-15.01M-59.46M-125.75M-157.04M-98.79M-79.98M-57.39M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-2.86▲ 0%
-2.74▲ 4.2%
-1.63▲ 40.5%
-3.81▼ 133.7%
-7.16▼ 87.9%
-5.30▲ 26.0%
-3.28▲ 38.1%
-2.65▲ 19.2%
-1.45▲ 45.3%
EPS Growth %-37.5%4.2%40.51%-133.74%-87.93%25.98%38.11%19.21%45.28%
EPS (Basic)-2.86-2.74-1.63-3.81-7.16-5.30-3.28-2.65-1.45
Diluted Shares Outstanding3.14M6.31M9.23M15.59M17.55M29.63M30.1M30.16M39.48M
Basic Shares Outstanding3.14M6.31M9.23M15.59M17.55M29.63M30.1M30.16M39.48M
Dividend Payout Ratio---------

RLMD Balance Sheet

Relmada Therapeutics, Inc. (RLMD) balance sheet — assets, liabilities & shareholders' equity

Line itemJun'18Jun'19Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets2.74M9.98M116.94M118.07M223.3M152.87M97.51M45.8M93.98M
Cash & Short-Term Investments2.24M9.22M116.44M117.09M211.91M148.32M96.32M44.91M93.01M
Cash Only2.24M9.22M36.28M2.5M44.44M5.4M4.09M3.86M3.5M
Short-Term Investments0080.16M114.6M167.47M142.93M92.23M41.05M89.51M
Accounts Receivable72.1K247.08K73.09K79.46K86.38K512.43K000
Days Sales Outstanding---------
Inventory426.9K459K0000000
Days Inventory Outstanding59.31K34.4K-------
Other Current Assets0046-10350000
Total Non-Current Assets310.11K235.35K196K112.64K28.29K34.88K43.13K21.98K19.5K
Property, Plant & Equipment12.08K7.21K5.01K1.26K00000
Fixed Asset Turnover---------
Goodwill000000000
Intangible Assets000000000
Long-Term Investments273.24K203.14K0000000
Other Non-Current Assets24.79K25K190.99K111.38K28.29K34.88K43.13K21.98K19.5K
Total Assets
3.05M▲ 0%
10.22M▲ 235.3%
117.14M▲ 1046.2%
118.19M▲ 0.9%
223.33M▲ 89.0%
152.91M▼ 31.5%
97.55M▼ 36.2%
45.82M▼ 53.0%
94M▲ 105.2%
Asset Turnover---------
Asset Growth %7.44%235.28%1046.17%0.9%88.96%-31.53%-36.2%-53.03%105.17%
Total Current Liabilities5.9M2.61M1.46M12.6M15.06M12.47M12.19M10.29M6.43M
Accounts Payable765.44K924.36K522.66K8.35M11.19M5.26M3.51M4.13M1.57M
Days Payables Outstanding106.35K69.28K-------
Short-Term Debt285.17K364.2K110.25K000000
Deferred Revenue (Current)659.5K1.32M0000000
Other Current Liabilities4.81M-45250K1.8M1.64M1.02M5.68M1.15M4.86M
Current Ratio0.46x3.83x80.21x9.37x14.83x12.26x8.00x4.45x14.62x
Quick Ratio0.39x3.65x80.21x9.37x14.83x12.26x8.00x4.45x14.62x
Cash Conversion Cycle---------
Total Non-Current Liabilities2.66M0000004.47K1.06M
Long-Term Debt2.66M00000000
Capital Lease Obligations000000000
Deferred Tax Liabilities000000000
Other Non-Current Liabilities00000004.47K1.06M
Total Liabilities8.56M2.61M1.46M12.6M15.06M12.47M12.19M10.3M7.49M
Total Debt2.94M364.2K110.25K000000
Net Debt702.68K-8.85M-36.17M-2.5M-44.44M-5.4M-4.09M-3.86M-3.5M
Debt / Equity-0.05x0.00x------
Debt / EBITDA---------
Net Debt / EBITDA---------
Interest Coverage-5.17x--------
Total Equity
-5.51M▲ 0%
7.61M▲ 238.1%
115.68M▲ 1419.4%
105.58M▼ 8.7%
208.26M▲ 97.3%
140.44M▼ 32.6%
85.36M▼ 39.2%
35.52M▼ 58.4%
86.51M▲ 143.5%
Equity Growth %-477.53%238.1%1419.42%-8.73%97.25%-32.57%-39.22%-58.38%143.55%
Book Value per Share-1.761.2112.536.7711.874.742.841.182.19
Total Shareholders' Equity-5.51M7.61M115.68M105.58M208.26M140.44M85.36M35.52M86.51M
Common Stock3.14K9.74K14.46K16.33K27.74K30.1K30.1K30.17K73.33K
Retained Earnings-94.34M-111.66M-119.86M-179.32M-305.07M-462.11M-560.9M-640.88M-698.27M
Treasury Stock000000000
Accumulated OCI000000000
Minority Interest000000000

RLMD Cash Flow Statement

Relmada Therapeutics, Inc. (RLMD) cash flow — operating, investing & free cash flow history

Line itemJun'18Jun'19Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-6M-10.5M-12.09K-27.81M-91.87M-103.8M-51.66M-51.76M-45.79M
Operating CF Margin %---------
Operating CF Growth %7.18%-74.9%99.88%-229876.85%-230.38%-12.98%50.23%-0.19%11.53%
Net Income-8.96M-17.32M-15.01K-59.46M-125.75M-157.04M-98.79M-79.98M0
Depreciation & Amortization2.63K4.87K43.75K1.26K0000
Stock-Based Compensation518K1.21M2.76K20.78M40.49M44.19M43.81M30.19M0
Deferred Taxes708.9K3.83M0000000
Other Non-Cash Items1.03M266.76K17316.95K1.25M-1.55M241.16K-381.66K-41.84M
Working Capital Changes700.06K1.51M-2610.85M-7.86M10.59M3.08M-1.58M-3.95M
Change in Receivables224.98K-169.36K073.09K79.46K-426.06K512.43K00
Change in Inventory0169.36K0000000
Change in Payables157.39K158.92K07.82M2.85M421.04K-1.76M624.55K-2.56M
Cash from Investing-12.39K0-80.16K-34.45M-54.12M19.73M50.45M51.56M-48.14M
Capital Expenditures-12.39K00000000
CapEx % of Revenue---------
Acquisitions000000000
Investments---------
Other Investing00-80.16K000000
Cash from Financing6.54M17.48M126.11K28.47M187.94M45.02M-98.46K-40.34K93.56M
Debt Issued (Net)6.54M-285.17K0-110.25K00000
Equity Issued (Net)01000K01000K1000K1000K0246.75K1000K
Dividends Paid000000000
Share Repurchases000000000
Other Financing00126.11K8.06M2.63M2.29M-98.46K-287.09K-73.02K
Net Change in Cash
528.43K▲ 0%
6.98M▲ 1220.4%
6.98K▼ 99.9%
-33.78M▼ 484307.0%
41.95M▲ 224.2%
-39.05M▼ 193.1%
-1.3M▲ 96.7%
-234.54K▲ 82.0%
-360.49K▼ 53.7%
Free Cash Flow
-6.01M▲ 0%
-10.5M▼ 74.5%
-12.09K▲ 99.9%
-27.81M▼ 229876.9%
-91.87M▼ 230.4%
-103.8M▼ 13.0%
-51.66M▲ 50.2%
-51.76M▼ 0.2%
-45.79M▲ 11.5%
FCF Margin %---------
FCF Growth %7.7%-74.54%99.88%-229876.85%-230.38%-12.98%50.23%-0.19%11.53%
FCF per Share-1.92-1.66-0.00-1.78-5.23-3.50-1.72-1.72-1.16
FCF Conversion (FCF/Net Income)0.67x0.61x0.00x0.47x0.73x0.66x0.52x0.65x0.80x
Interest Paid0002.42K00000
Taxes Paid000000000

RLMD Key Ratios

Relmada Therapeutics, Inc. (RLMD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-147.88%--1649.15%-24.34%-53.74%-80.14%-90.07%-87.51%-132.33%-94.05%
Return on Invested Capital (ROIC)----28.96%-49.98%-70.64%-80.93%-71.91%-111.43%-77.3%
Debt / Equity0.19x-0.05x0.00x------
Interest Coverage-13125.45x-5.17x--------
FCF Conversion1.03x0.67x0.61x0.00x0.47x0.73x0.66x0.52x0.65x0.80x

RLMD SEC Filings & Documents

Relmada Therapeutics, Inc. (RLMD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Mar 20, 2026·SEC

Material company update

Mar 9, 2026·SEC

Material company update

Dec 15, 2025·SEC

10-K Annual Reports

3
FY 2026

Mar 19, 2026·SEC

FY 2025

Mar 27, 2025·SEC

FY 2024

Mar 19, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 13, 2025·SEC

FY 2025

Aug 7, 2025·SEC

FY 2025

May 12, 2025·SEC

RLMD Frequently Asked Questions

Relmada Therapeutics, Inc. (RLMD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Relmada Therapeutics, Inc. (RLMD) grew revenue by 0.0% over the past year. Growth has been modest.

Relmada Therapeutics, Inc. (RLMD) reported a net loss of $57.4M for fiscal year 2025.

Dividend & Returns

Relmada Therapeutics, Inc. (RLMD) has a return on equity (ROE) of -94.0%. Negative ROE indicates the company is unprofitable.

Relmada Therapeutics, Inc. (RLMD) had negative free cash flow of $45.8M in fiscal year 2025, likely due to heavy capital investments.

Explore More RLMD

Relmada Therapeutics, Inc. (RLMD) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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