RELY

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Remitly Global, Inc.

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Key Metrics

Previous Close: $25.06
52-Week Range: $12.08 – $27.15
Market Cap: $5.23B
P/E (TTM): 17.78
EPS (TTM): 1.39
Dividend Yield: —

Advanced Metrics

Price/Book: 4.64
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: $4.67B

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
Revenue	$361.62M	$411.85M	$419.49M	$442.18M	$452.80M
Cost of Revenue	$143.97M	$168.83M	$173.11M	$164.80M	$171.75M
Gross Profit	$217.66M	$243.02M	$246.38M	$277.38M	$281.05M
Research & Development	$73.85M	$77.50M	$80.42M	$82.14M	$79.60M
Selling, General & Admin	$126.18M	$144.56M	$147.75M	$149.55M	$141.51M
Operating Expenses	$205.43M	$228.38M	$234.61M	$238.56M	$227.31M
Operating Income	$12.23M	$14.64M	$11.78M	$38.81M	$53.74M
EBITDA	$24.10M	$16.09M	$28.23M	$60.04M	$68.64M
Pretax Income	$14.94M	$8.11M	$12.42M	$36.15M	$52.08M
Income Tax	$3.59M	$1.58M	$3.59M	-$5.07M	$3.02M
Net Income	$11.35M	$6.54M	$8.83M	$41.22M	$49.05M
Diluted EPS	0.05	0.03	0.04	0.19	0.23
Diluted Shares	201.74M	218.98M	217.23M	215.55M	217.05M

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

RELY Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	$80.78M	$93.31M	$1.37M	$149.62M	$81.89M
Capital Expenditure	-$13.56M	-$19.00M	—	-$9.41M	-$9.19M
Free Cash Flow	$67.22M	$74.31M	$1.53M	$140.21M	$72.71M
Depreciation & Amortisation	$7.86M	$3.86M	$13.69M	$21.35M	$14.12M
Stock-Based Compensation	$35.79M	$38.07M	$39.97M	$41.28M	$27.54M
Investing Cash Flow	-$16.91M	-$15.65M	-$19.02M	-$18.35M	-$13.74M
Financing Cash Flow	$59.19M	-$63.09M	-$19.80M	-$66.08M	$39.11M
Share Repurchases	$0.00	—	—	-$12.02M	-$42.50M
Net Change in Cash	$123.06M	$14.57M	-$37.45M	$65.19M	$107.26M

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.