Remitly Global, Inc.

NasdaqGS:RELY Stock Report

Market Cap: US$2.6b

Remitly Global Past Earnings Performance

Past criteria checks 3/6

Remitly Global has been growing earnings at an average annual rate of 4.7%, while the Diversified Financial industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 32.9% per year. Remitly Global's return on equity is 2.6%, and it has net margins of 1.4%.

Key information

4.68%

Earnings growth rate

40.56%

EPS growth rate

Diversified Financial Industry Growth6.15%
Revenue growth rate32.90%
Return on equity2.63%
Net Margin1.36%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Remitly Global: Near-Term Uncertainties Make It Hard To Be Bullish

Oct 02

Take Care Before Diving Into The Deep End On Remitly Global, Inc. (NASDAQ:RELY)

Jun 10
Take Care Before Diving Into The Deep End On Remitly Global, Inc. (NASDAQ:RELY)
User avatar

Expanding Geographic Reach And AI Integration Will Open New Markets

Geographic expansion and local partnerships position Remitly to capture more share in the large remittance industry, supporting revenue growth.

Remitly: Money Might Start Flowing To Investors

Mar 29

Remitly Global, Inc.'s (NASDAQ:RELY) P/S Still Appears To Be Reasonable

Feb 19
Remitly Global, Inc.'s (NASDAQ:RELY) P/S Still Appears To Be Reasonable

Remitly Global: I Expect Consistent Profitability Going Forward

Jan 15

Remitly: Interesting Small-Cap With Large TAM But Lots Of Competition

Dec 22

Remitly: Remittances Play Might Pay Off

Nov 18

A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Nov 02
A Piece Of The Puzzle Missing From Remitly Global, Inc.'s (NASDAQ:RELY) 38% Share Price Climb

Remitly Faces Softening Global Macro Conditions (Rating Downgrade)

Sep 06

Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Aug 28
Fewer Investors Than Expected Jumping On Remitly Global, Inc. (NASDAQ:RELY)

Remitly Global: Solid Macro Tailwinds And Track Record Of Growth

Jun 28

Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

May 03
Slammed 26% Remitly Global, Inc. (NASDAQ:RELY) Screens Well Here But There Might Be A Catch

Remitly: An Interesting Growth Play Is Awaiting Operating Leverage

Apr 22

Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 24
Remitly Global, Inc. (NASDAQ:RELY) Analysts Are Pretty Bullish On The Stock After Recent Results

Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Feb 13
Remitly Global, Inc. (NASDAQ:RELY) Not Lagging Industry On Growth Or Pricing

Buy Remitly As Fears Around Marketing Spend Are Unfounded

Jan 30

Revenue & Expenses Breakdown

How Remitly Global makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:RELY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 251,54521557302
30 Jun 251,46214535290
31 Mar 251,356-5513280
31 Dec 241,264-37499270
30 Sep 241,177-66486258
30 Jun 241,082-104468246
31 Mar 241,010-111439233
31 Dec 23944-118411219
30 Sep 23871-102363204
30 Jun 23798-100331183
31 Mar 23721-119319165
31 Dec 22654-114299139
30 Sep 22598-111284115
30 Jun 22550-9126297
31 Mar 22504-5421976
31 Dec 21459-3919264
30 Sep 21403-3116356
30 Jun 21354-2113449
31 Mar 21302-2712143
31 Dec 20257-3310541
31 Dec 19127-646932

Quality Earnings: RELY has high quality earnings.

Growing Profit Margin: RELY became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RELY has become profitable over the past 5 years, growing earnings by 4.7% per year.

Accelerating Growth: RELY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RELY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (8.5%).


Return on Equity

High ROE: RELY's Return on Equity (2.6%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 17:09
End of Day Share Price 2025/11/17 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Remitly Global, Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Andrew SchmidtCitigroup Inc
David ScharfCitizens JMP Securities, LLC