Remitly/$RELY
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Remitly
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated from transaction fees charged to customers, and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
- Ticker
- $RELY
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 3,200
- Headquarters
- Seattle, United States
- Website
- www.remitly.com
Remitly Metrics
BasicAdvanced
$5.1B
17.30
$1.40
0.36
-
Price and volume
Market cap
$5.1B
Beta
0.36
52-week high
$27.48
52-week low
$12.08
Average daily volume
3M
Financial strength
Current ratio
3.181
Quick ratio
2.524
Long term debt to equity
0.024
Total debt to equity
0.034
Interest coverage (TTM)
17.88%
Profitability
EBITDA (TTM)
190.564
Gross margin (TTM)
61.55%
Net profit margin (TTM)
16.85%
Operating margin (TTM)
10.32%
Effective tax rate (TTM)
-84.53%
Revenue per employee (TTM)
$570,000
Management effectiveness
Return on assets (TTM)
8.54%
Return on equity (TTM)
32.25%
Valuation
Price to earnings (TTM)
17.296
Price to revenue (TTM)
2.798
Price to book
4.54
Price to tangible book (TTM)
4.78
Price to free cash flow (TTM)
13.5
Free cash flow yield (TTM)
7.41%
Free cash flow per share (TTM)
1.789
Growth
Revenue change (TTM)
23.79%
Earnings per share change (TTM)
2,119.88%
3-year revenue growth (CAGR)
31.37%
3-year earnings per share growth (CAGR)
34.50%
What the Analysts think about Remitly
Analyst ratings (Buy, Hold, Sell) for Remitly stock.
Analyst projections of the future price of Remitly stock.
Bulls say / Bears say
Remitly’s customer and payment volumes are still growing quickly: second-quarter active customers rose 20% and send volume rose 27%. It raised its 2026 revenue outlook to $1.978bn–$1.988bn, implying 21%–22% growth. (Remitly)
A new Etsy payout partnership gives Remitly a route into payments for marketplace sellers in 15 countries, extending its network beyond consumer remittances. If it gains traction, this could open an additional source of business volume. (GlobeNewswire)
Second-quarter net income of $205.9m included a $140.6m one-off tax benefit, so headline earnings materially overstate the quarter’s underlying profit. Investors should not assume that level of reported net income will recur. (SEC)
Remitly says changes in immigration policy, deportation activity, currencies and economic conditions can affect customer numbers and transfer volumes. That leaves demand exposed to political and economic shifts affecting its migrant customer base. (SEC)
Profit growth may not be smooth: second-quarter adjusted EBITDA margin was about 23%, but the company’s third-quarter outlook implies roughly 18%–19%. Management also expects higher marketing spend per active customer and warns that transaction losses can fluctuate. (Remitly)
Data summarised monthly by Lightyear AI. Last updated on 24 Oct 2026.
Remitly Financial Performance
Revenues and expenses
Remitly Earnings Performance
Company profitability
Upcoming events
No upcoming events
Remitly News
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Funds containing Remitly
AllUSDEURGBP
Fund name | Fund size | $RELY weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.29% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.29% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.15% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.15% |
Xtrackers MSCI World Small Cap$XSWC | $183M | 0.04% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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