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Remitly Global, Inc.

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Key Metrics

Previous Close: $21.48
52-Week Range: $12.08 – $27.48
Market Cap: $4.61B
P/E (TTM): 15.78
EPS (TTM): 1.38
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 4.09
PEG Ratio: —
Return on Equity: 32.25%
Return on Assets: 8.54%
Gross Margin: 61.55%
Operating Margin: 14.32%
Profit Margin: 16.86%
Current Ratio: 3.18
Debt/Equity: 0.03
Total Debt: $38.26M
Free Cash Flow: $196.12M
Revenue Growth: 20.20%
Earnings Growth: 3000.00%
Enterprise Value: $3.97B

RELY Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$653.56M	$944.28M	$1.26B	$1.64B
Cost of Revenue	$326.93M	$411.63M	$515.52M	$650.71M
Gross Profit	$326.63M	$532.65M	$748.44M	$984.44M
Research & Development	$138.72M	$219.94M	$269.82M	$313.91M
Selling, General & Admin	$302.22M	$413.79M	$499.66M	$568.03M
Operating Expenses	$447.66M	$646.85M	$787.53M	$906.97M
Operating Income	-$121.04M	-$114.19M	-$39.09M	$77.47M
EBITDA	-$104.95M	-$95.89M	-$8.96M	$126.00M
Pretax Income	-$112.98M	-$111.94M	-$30.25M	—
Income Tax	$1.04M	$5.90M	$6.73M	$3.69M
Net Income	-$114.02M	-$117.84M	-$36.98M	$67.93M
Diluted EPS	-0.68	-0.65	-0.19	0.31
Diluted Shares	167.77M	180.82M	194.65M	217.57M

RELY Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$300.63M	$323.71M	$368.10M	$542.43M
Receivables	$191.40M	$397.83M	$208.89M	$306.41M
Current Assets	$669.42M	$932.12M	$897.51M	$1.32B
Total Assets	$695.95M	$1.04B	$1.01B	$1.46B
Current Liabilities	$209.14M	$366.84M	$329.01M	$399.05M
Long-Term Debt	—	$130.00M	—	$155.00M
Total Debt	$9.20M	$142.99M	$16.29M	$192.12M
Total Liabilities	$215.87M	$506.97M	$347.40M	$589.92M
Retained Earnings	-$373.46M	-$491.30M	-$528.28M	-$460.35M
Shareholders' Equity	$480.09M	$529.34M	$665.47M	$868.79M
Working Capital	$460.28M	$565.28M	$568.51M	$916.90M

RELY Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$108.66M	$66.81M	$111.60M	—
Capital Expenditure	-$7.06M	-$9.10M	-$17.70M	-$41.82M
Free Cash Flow	-$115.72M	$57.70M	$93.89M	$283.26M
Depreciation & Amortisation	$6.72M	$13.70M	$16.47M	$46.76M
Stock-Based Compensation	$95.29M	$136.97M	$152.14M	$155.11M
Investing Cash Flow	-$7.31M	-$50.04M	-$19.89M	-$69.93M
Financing Cash Flow	$14.59M	$6.25M	-$42.37M	-$89.78M
Share Repurchases	—	$0.00	$0.00	-$23.89M
Net Change in Cash	-$101.38M	$23.02M	$49.34M	$165.37M

RELY Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$361.62M	$411.85M	$419.49M	$442.18M	$452.80M	$495.16M
Cost of Revenue	$143.97M	$168.83M	$173.11M	$164.80M	$171.75M	$187.81M
Gross Profit	$217.66M	$243.02M	$246.38M	$277.38M	$281.05M	$307.34M
Research & Development	$73.85M	$77.50M	$80.42M	$82.14M	$79.60M	$74.05M
Selling, General & Admin	$126.18M	$144.56M	$147.75M	$149.55M	$141.51M	$160.31M
Operating Expenses	$205.43M	$228.38M	$234.61M	$238.56M	$227.31M	$240.66M
Operating Income	$12.23M	$14.64M	$11.78M	$38.81M	$53.74M	$66.68M
EBITDA	$24.10M	$29.54M	$20.97M	$60.04M	$68.64M	$79.60M
Pretax Income	$14.94M	$8.11M	$12.42M	$36.15M	$52.08M	$64.64M
Income Tax	$3.59M	$1.58M	$3.59M	-$5.07M	$3.02M	-$141.26M
Net Income	$11.35M	$6.54M	$8.83M	$41.22M	$49.05M	$205.91M
Diluted EPS	0.05	0.03	0.04	0.19	0.23	0.93
Diluted Shares	201.74M	218.98M	217.23M	215.55M	217.05M	221.05M

RELY Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$493.90M	$515.90M	$476.90M	$542.43M	$649.06M	$676.39M
Receivables	$237.14M	$293.94M	$331.12M	$306.41M	$315.85M	$344.18M
Current Assets	$978.72M	$1.04B	$1.08B	$1.32B	$1.25B	$1.29B
Total Assets	$1.10B	$1.17B	$1.21B	—	$1.39B	$1.57B
Current Liabilities	$352.16M	$363.75M	$376.06M	$399.05M	$439.37M	$404.31M
Long-Term Debt	—	—	—	$155.00M	—	—
Total Debt	$21.25M	$32.37M	$35.49M	$192.12M	$39.30M	$38.26M
Total Liabilities	$377.11M	$401.25M	$416.52M	$589.92M	$478.34M	$440.61M
Retained Earnings	-$516.93M	-$510.39M	-$501.56M	-$460.35M	-$411.30M	-$205.39M
Shareholders' Equity	$723.48M	$764.92M	$797.17M	$868.79M	$907.44M	$1.13B
Working Capital	$626.56M	$673.28M	$705.37M	$916.90M	$808.32M	$881.63M

RELY Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$80.78M	$54.69M	$39.99M	$149.62M	$81.89M	$134.62M
Capital Expenditure	-$13.56M	-$10.93M	-$7.91M	-$9.41M	-$9.19M	-$4.52M
Free Cash Flow	$67.22M	$43.76M	$32.08M	$140.21M	$72.71M	$130.10M
Depreciation & Amortisation	$7.86M	$19.78M	-$2.23M	$21.35M	$14.12M	$11.80M
Stock-Based Compensation	$35.79M	$38.07M	$39.97M	$41.28M	$27.54M	$34.49M
Investing Cash Flow	-$16.91M	-$15.65M	-$19.02M	-$18.35M	-$13.74M	-$6.57M
Financing Cash Flow	$59.19M	-$24.47M	-$58.43M	-$66.08M	$39.11M	-$99.75M
Share Repurchases	$0.00	$0.00	-$11.88M	-$12.02M	-$42.50M	-$22.66M
Net Change in Cash	$123.06M	$14.57M	-$37.45M	$65.19M	$107.26M	$28.30M

Market Snapshot

About

Remitly Global, Inc. operates a digital remittance platform enabling immigrants to send money internationally to family and friends. The mobile-first service offers transparent pricing, fast transfers, and multiple payout options including bank deposits, cash pickup, mobile wallets, and home delivery across over 170 countries.