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Remitly Global, Inc. logo

Remitly Global, Inc.

RELY

NASDAQTechnologySoftware - Infrastructure

Open in GoAI

Latest quote

$26.68

+$1.96 · +7.93%

Aug 21, 3:55 PM ET

RELY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

83

Deep Value

Momentum

60

Neutral

Sentiment

65

Bullish

Risk resilience

73

Moderate Risk

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Company profile

Company website

Remitly Global, Inc. specializes in providing digital financial services tailored for immigrants and their families. Primarily, it enables international money transfers, operating in nearly 150 countries. Founded in 2011, the company maintains its headquarters in Seattle, Washington.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
Sebastian J. Gunningham
Listed since
Sep 23, 2021
Employees
3,200

Market position

Volume
2.75M
0.65× average
Average volume
4.25M
Average daily volume
Market cap
5.62B USD
Beta
0.34
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.52B USD
EV / EBITDA
24.15×
Earnings yield
2.39%
Free cash flow yield
10.41%

Profitability & efficiency

Return on equity
7.82%
Return on assets
4.66%
Return on invested capital
7.25%

Financial health

Current ratio
3.3×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends67%36%5%-26%Gross margin, FY2021: 48.29%Gross margin, FY2022: 49.98%Gross margin, FY2023: 56.41%Gross margin, FY2024: 59.21%Gross margin, FY2025: 57.14%Operating margin, FY2021: -8.66%Operating margin, FY2022: -18.52%Operating margin, FY2023: -12.09%Operating margin, FY2024: -3.09%Operating margin, FY2025: 4.99%Net margin, FY2021: -8.45%Net margin, FY2022: -17.45%Net margin, FY2023: -12.48%Net margin, FY2024: -2.93%Net margin, FY2025: 4.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 48.29%. Gross margin FY2022 49.98%. Gross margin FY2023 56.41%. Gross margin FY2024 59.21%. Gross margin FY2025 57.14%. Operating margin FY2021 -8.66%. Operating margin FY2022 -18.52%. Operating margin FY2023 -12.09%. Operating margin FY2024 -3.09%. Operating margin FY2025 4.99%. Net margin FY2021 -8.45%. Net margin FY2022 -17.45%. Net margin FY2023 -12.48%. Net margin FY2024 -2.93%. Net margin FY2025 4.15%.

Income trends

Revenue

1.64B USD+29.37%

Operating income

81.65M USD+120.73M USD

Net income

67.93M USD+104.91M USD
Income trends across reported periods1.81B USD1.11B USD405.82M USD−296.65M USDRevenue, FY2021: 458.61M USDRevenue, FY2022: 653.56M USDRevenue, FY2023: 944.29M USDRevenue, FY2024: 1.26B USDRevenue, FY2025: 1.64B USDOperating income, FY2021: −39.72M USDOperating income, FY2022: −121.04M USDOperating income, FY2023: −114.2M USDOperating income, FY2024: −39.09M USDOperating income, FY2025: 81.65M USDNet income, FY2021: −38.76M USDNet income, FY2022: −114.02M USDNet income, FY2023: −117.84M USDNet income, FY2024: −36.98M USDNet income, FY2025: 67.93M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 458.61M USD. Revenue FY2022 653.56M USD. Revenue FY2023 944.29M USD. Revenue FY2024 1.26B USD. Revenue FY2025 1.64B USD. Operating income FY2021 −39.72M USD. Operating income FY2022 −121.04M USD. Operating income FY2023 −114.2M USD. Operating income FY2024 −39.09M USD. Operating income FY2025 81.65M USD. Net income FY2021 −38.76M USD. Net income FY2022 −114.02M USD. Net income FY2023 −117.84M USD. Net income FY2024 −36.98M USD. Net income FY2025 67.93M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.64B USD1.26B USD944.29M USD653.56M USD458.61M USD
Cost of goods sold700.77M USD515.52M USD411.63M USD326.93M USD237.13M USD
Gross profit934.37M USD748.44M USD532.65M USD326.63M USD221.47M USD
Research and development313.91M USD269.82M USD219.94M USD138.72M USD64.09M USD
Selling, general, and administrative568.03M USD499.66M USD413.79M USD302.22M USD191.85M USD
Operating expenses852.73M USD787.53M USD646.85M USD447.66M USD261.2M USD
Interest income7.7M USD8.08M USD7.45M USD4.15M USD140K USD
Interest expense7.61M USD3.24M USD2.35M USD1.3M USD1.26M USD
Depreciation and amortization25.03M USD18.05M USD13.12M USD6.72M USD5.26M USD
Operating income81.65M USD−39.09M USD−114.2M USD−121.04M USD−39.72M USD
Net income67.93M USD−36.98M USD−117.84M USD−114.02M USD−38.76M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+96.27%
11 comparable reports
Latest EPS result
0.93
Estimate 0.12 · Beat by 651.21%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.010.620.24-0.15Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual -0.03, estimate -0.07, surprise +57.14%, Beat. Q2 2025, reported May 7, 2025: actual 0.05, estimate -0.04, surprise +225.00%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.04, estimate 0.184, surprise -78.23%, Miss. Q4 2025, reported Nov 5, 2025: actual 0.04, estimate 0.177, surprise -77.40%, Miss. Q1 2026, reported Feb 18, 2026: actual 0.19, estimate 0.158, surprise +20.56%, Beat. Q2 2026, reported May 6, 2026: actual 0.23, estimate 0.12, surprise +91.67%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.93, estimate 0.124, surprise +651.21%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.146, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates527.86M459.7M391.54M323.38MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 351.9M USD, estimate 343.68M USD, surprise +2.39%, Beat. Q2 2025, reported May 7, 2025: actual 361.62M USD, estimate 347.71M USD, surprise +4.00%, Beat. Q3 2025, reported Aug 6, 2025: actual 411.85M USD, estimate 384.51M USD, surprise +7.11%, Beat. Q4 2025, reported Nov 5, 2025: actual 419.49M USD, estimate 413.73M USD, surprise +1.39%, Beat. Q1 2026, reported Feb 18, 2026: actual 442.18M USD, estimate 427.37M USD, surprise +3.46%, Beat. Q2 2026, reported May 6, 2026: actual 452.8M USD, estimate 438.94M USD, surprise +3.16%, Beat. Q3 2026, reported Aug 5, 2026: actual 495.16M USD, estimate 486.25M USD, surprise +1.83%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 507.56M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

13 ratings
Strong buy00%
Buy1292%
Hold18%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

RELY news

gurufocus.com

A Look at Remitly Global Inc (RELY) After 8.0% Gain -- GF Value $24.35 vs Price $26.67

On August 21, 2026, Remitly Global Inc (RELY) shares rose 8.0% to a current price of $26.67, reflecting strong price performance amidst a 52-week range of $12.0

Read source
zacks.com

Are You Looking for a Top Momentum Pick? Why Remitly Global, Inc. (RELY) is a Great Choice

Does Remitly Global, Inc. (RELY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read source
zacks.com

Wall Street Analysts Think Remitly Global (RELY) Could Surge 26.3%: Read This Before Placing a Bet

The consensus price target hints at a 26.3% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions…

Read source
seekingalpha.com

Remitly Global: A Network That Can Monetize More Of Each Relationship

Remitly Global earns a buy rating, driven by robust remittance demand and a network spanning over 175 countries and 5,700 corridors. RELY's revenue is compounding at ~20% CAGR, supported by high-value senders, business…

Read source
zacks.com

Here's Why Momentum in Remitly Global (RELY) Should Keep going

Remitly Global (RELY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price…

Read source
zacks.com

5 Top Stocks With Strong Relative Price Strength Signals

RELY, PARR, SNDK, DELL and NESR emerge as relative price strength picks amid solid earnings and broader market participation.

Read source

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ETFs holding RELY

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
276.33M
Weight
0.24%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
129.89M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
99.98M
Weight
0.12%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
93.7M
Weight
0.05%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
54.35M
Weight
0.12%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
45.24M
Weight
0.05%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
40.05M
Weight
0.24%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.28+0.61%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
35.08M
Weight
0.23%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%

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