Remitly/$RELY

RELY falls after Q3 EPS of $0.04 missed consensus by $0.14 and Q4 revenue guidance of $426-428M came in below the $430.5M estimate.
17 hours agoLightyear AI
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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 on 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
Primary listing

Employees

2,800

Remitly Metrics

BasicAdvanced
$3.4B
261.27
$0.06
0.12
-

What the Analysts think about Remitly

Analyst ratings (Buy, Hold, Sell) for Remitly stock.

Bulls say / Bears say

Remitly posted Q2 2025 revenue of $412 million, up 34% year-over-year, and send volume of $18.5 billion, up 40% year-over-year, demonstrating robust demand for its digital remittance platform (Investing.com Q2 presentation).
The company achieved GAAP profitability in Q2 2025 with net income of $6.5 million and an adjusted EBITDA margin of 16%, marking consecutive profitable quarters and validating its path to sustainable earnings (Investing.com Q2 presentation).
Remitly increased non-U.S. revenue contribution to over 34% of total revenue by Q1 2025, enhancing geographic diversification and reducing dependency on its core U.S. market (Investing.com SWOT analysis).
Remitly’s revenue growth guidance for Q3 of 22–23% year-over-year marks a significant slowdown from Q2’s 34% growth, indicating moderating momentum heading into H2 2025 (Investing.com Q2 presentation).
Intensified competition from legacy money transfer operators digitizing services and fintech rivals has pressured Remitly’s average take rate, which declined from 2.32% to 2.23% as send volume outpaced revenue growth, potentially squeezing future margins (Panabee).
Pending U.S. remittance excise tax proposals, including a 3.5% levy on certain transfers under the Senate Finance Committee’s bill, could introduce new compliance costs and dampen transaction volumes if enacted (EY TaxNews).
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2025.

Remitly Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Remitly Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
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.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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