Remitly Global, Inc.
RELY Technology Software Infrastructure
Remitly Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 29.4% from fiscal 2024. In the quarter to June 2026, revenue grew 20.2%, EPS grew 3,166.7%, free cash flow grew 197.3% and total debt rose 13.2%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
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Remitly Global, Inc. (RELY) EV/Sales
As of 16 October 2026, Remitly Global, Inc. (RELY) trades at a EV/Sales of 2.5×. Over the past ten years it has ranged from 0.2× (March 2022) to 5.7× (September 2023); the current reading is higher than 54% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 1.5× | (53.04%) |
| FY2024 | 3.2× | (6.91%) |
| FY2023 | 3.4× | 40.39% |
| FY2022 | 2.4× | 31.25% |
| FY2021 | 1.9× | (32.75%) |
| FY2020 | 2.8× | 0.00% |
| FY2019 | 2.8× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 2.3× | 42.52% |
| Mar 2026 | 1.6× | 8.60% |
| Dec 2025 | 1.5× | (20.47%) |
| Sep 2025 | 1.9× | (17.44%) |
| 21 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| BLSH Bullish compare | 0.0× |
| WEX WEX Inc. compare | 1.7× |
| RELY Remitly Global, Inc. | 2.5× |
| ACIW ACI Worldwide, Inc. compare | 3.3× |
| TENB Tenable Holdings, Inc. compare | 4.0× |
| BOX Box, Inc. compare | 4.6× |
| BB BlackBerry Limited compare | 7.7× |
| VRNS Varonis Systems, Inc. compare | 7.8× |
| CORZ Core Scientific, Inc. compare | 15.3× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)