What’s the current market cap for Remitly stock?

Remitly (RELY) has a market cap of $4bn as of June 14, 2026.

What is the P/E ratio for Remitly stock?

The price to earnings (P/E) ratio for Remitly (RELY) stock is 38.94 as of June 14, 2026.

Does Remitly stock pay dividends?

No, Remitly (RELY) stock does not pay dividends to its shareholders as of June 14, 2026.

When is the next Remitly dividend payment date?

Remitly (RELY) stock does not pay dividends to its shareholders.

What is the beta indicator for Remitly?

Remitly (RELY) has a beta rating of 0.4. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

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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 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

$4bn

38.94

$0.49

0.40

What the Analysts think about Remitly

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

Bulls say / Bears say

Q1 2026 revenue increased 25.2% year-over-year to $452.8 million, exceeding Wall Street expectations with strong top-line growth.

Active customers climbed 20% to over 9.6 million, while send volume surged 37% to $22.1 billion, highlighting robust user engagement and network effects.

Remitly raised its full-year 2026 revenue guidance to $1.96 billion–$1.975 billion, projecting 20%–21% growth, reflecting management’s confidence in ongoing momentum.

Remitly trades at a trailing P/E ratio of approximately 49.0×, higher than the business services sector average, suggesting the stock may be overvalued.

Technology and development expenses rose 8% in Q1, and restructuring charges of $3.5 million affected profitability, which could put pressure on future margins.

Competition remains intense from established players like Western Union and fintech firms such as Wise and Revolut, which may limit Remitly’s pricing flexibility and ability to gain market share.

Data summarised monthly by Lightyear AI. Last updated on 28 May 2026.

Remitly Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

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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