Remitly Global, Inc. (RELY) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, Remitly Global reported revenue of $1.64B, up 29.4% from $1.26B the year before. Net income was $67.9M (a 4.2% net margin), or $0.31 per diluted share. Gross margin was 4.7% and operating margin was 4.7%. Operating activities generated $325.1M of cash, leaving $295.7M of free cash flow. At fiscal year end, Remitly Global held $1.46B in total assets against $589.9M in total liabilities, including $542.4M of cash and equivalents.
Open the full interactive Remitly Global financials → Quarterly statements, key ratios, valuation history and price charts.
Remitly Global Key Stats
| Share Price | $23.76 |
|---|---|
| Market Cap | $5.25B |
| P/E Ratio | 76.6 |
| Revenue YoY Growth | +29.4% |
| 52-Week Range | $12.20 – $26.92 |
| Shares Outstanding | 210.8 million (basic, 2026 Q2) |
Remitly Global Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $458.6M | $653.6M | $944.3M | $1.26B | $1.64B |
| Cost of Goods Sold | $498.3M | $774.6M | $1.06B | $1.30B | $1.56B |
| Gross Profit | -$39.7M | -$121.0M | -$114.2M | -$39.1M | $77.5M |
| Operating Income | -$39.7M | -$121.0M | -$114.2M | -$39.1M | $77.5M |
| Pre-Tax Income | -$37.7M | -$113.0M | -$111.9M | -$30.3M | $71.6M |
| Income Tax | $1.0M | $1.0M | $5.9M | $6.7M | $3.7M |
| Net Income | -$38.8M | -$114.0M | -$117.8M | -$37.0M | $67.9M |
| Diluted EPS | -$0.64 | -$0.68 | -$0.65 | -$0.19 | $0.31 |
Remitly Global Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $419.5M | $442.2M | $452.8M | $495.2M |
| Net Income | $8.8M | $41.2M | $49.1M | $205.9M |
| Diluted EPS | $0.04 | $0.19 | $0.23 | $0.93 |
Remitly Global Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $403.3M | $300.6M | $323.7M | $368.1M | $542.4M |
| Current Assets | $607.6M | $669.4M | $932.1M | $897.5M | $1.32B |
| Total Assets | $625.7M | $696.0M | $1.04B | $1.01B | $1.46B |
| Current Liabilities | $141.6M | $209.1M | $366.8M | $329.0M | $399.1M |
| Total Long-Term Debt | — | — | $130.0M | — | $155.0M |
| Total Liabilities | $145.3M | $215.9M | $507.0M | $347.4M | $589.9M |
| Shareholders' Equity | $480.3M | $480.1M | $529.3M | $665.5M | $868.8M |
Remitly Global Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$18.4M | -$105.1M | -$53.6M | $194.5M | $325.1M |
| Cash From Investing | -$4.5M | -$7.3M | -$50.0M | -$17.7M | -$69.9M |
| Cash From Financing | $238.2M | $11.1M | $126.7M | -$127.4M | -$89.8M |
| Free Cash Flow | -$20.3M | -$108.8M | -$56.4M | $188.5M | $295.7M |
Figures from Remitly Global's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Remitly Global financials page for every line item.
Remitly Global Company Profile
| Ticker | RELY |
|---|---|
| Exchange | Nasdaq |
| Industry | Business Services (Other) (Services) |
| Headquarters | Seattle, Washington |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001782170 |
Frequently Asked Questions
What was Remitly Global's revenue in fiscal 2025?
Remitly Global (RELY) reported revenue of $1.64B for fiscal 2025.
What is Remitly Global's annual revenue history?
Remitly Global's annual revenue by fiscal year: 2021: $458.6M; 2022: $653.6M; 2023: $944.3M; 2024: $1.26B; 2025: $1.64B.
What was Remitly Global's net income in fiscal 2025?
Remitly Global reported net income of $67.9M for fiscal 2025.
What was Remitly Global's earnings per share (EPS) in fiscal 2025?
Remitly Global's diluted EPS was $0.31 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Remitly Global generate in fiscal 2025?
Remitly Global generated $295.7M of free cash flow in fiscal 2025.
What was Remitly Global's revenue last quarter?
In its most recent reported quarter (2026 Q2), Remitly Global reported revenue of $495.2M.
How much debt does Remitly Global have?
Remitly Global reported $155.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Remitly Global are outstanding?
Remitly Global reported a weighted average of 210.8 million basic shares outstanding in 2026 Q2.
What is Remitly Global's market cap?
Based on its latest closing price, Remitly Global (RELY) has a market capitalization of about $5.25B.
When does Remitly Global's fiscal year end?
Remitly Global's fiscal year end, as registered with the SEC, is December 31.
Where is Remitly Global headquartered?
Remitly Global lists its business address in Seattle, Washington in its SEC filings.