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.

Revenue
+20.2%
EPS
+3,166.7%
Free cash flow
+197.3%
Total debt
+13.2%

Quarter to June 2026, against a year earlier

25.41 0.07 +0.28%
Market cap
$5.4B
P/E
17.5×
Fwd P/E
16.3×
Dividend yield
—
F-score
7/9
Altman Z
4.50
Beneish M
−3.11
Dividend safety
n/a

Remitly Global, Inc. (RELY) Gross margin

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Remitly Global, Inc.'s gross margin over the twelve months to 30 June 2026 was 61.5%, up 1.3 percentage points from fiscal 2025 (60.2%). Over the past ten years it has ranged from 42.1% (fiscal 2019) to 60.2% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Software Infrastructure industry median of 59.2% and above the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 60.2% 1.00
FY2024 59.2% 2.80
FY2023 56.4% 6.43
FY2022 50.0% 1.69
FY2021 48.3% 1.16
FY2020 47.1% 5.05
FY2019 42.1% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 62.1% 0.00
Mar 2026 62.1% (0.66)
Dec 2025 62.7% 4.00
Sep 2025 58.7% (0.28)
21 more quarters

Against its own ten years

Low 42.1% High 60.2%
Ten-year median 50.0%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
BOX Box, Inc. compare 79.6%
TENB Tenable Holdings, Inc. compare 78.1%
BB BlackBerry Limited compare 77.9%
VRNS Varonis Systems, Inc. compare 77.1%
RELY Remitly Global, Inc. 61.5%
WEX WEX Inc. compare 60.4%
ACIW ACI Worldwide, Inc. compare 49.1%
PAY Paymentus Holdings, Inc. compare 25.2%
MBGL Mobility Global Inc. compare —
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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