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USTechnology

Remitly Global Inc (RELY)

US · Technology · Software - Infrastructure

$21.73-1.90%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$495.2M
Revenue YoY
+20.2%
Net profit
$205.9M
Profit YoY
+3050.4%
EPS
$0.95
EPS estimate
$0.09
Net margin
41.6%

EPS came in at 0.95 against a street estimate of 0.09 — a beat of 955.6%.

Key statistics

Market cap
$4.62B
P/E
16.1
Forward P/E
0.0
P/B
4.10
Book value
$5.32
EPS (TTM)
$1.36
52-week high
$27.48
52-week low
$12.08
50-day MA
$24.49
200-day MA
$18.97
Beta
0.36

Analyst view

Analysts rate Remitly Global Inc a buy (10 buy, 2 hold, 0 sell out of 12) with an average price target of $32.33.

From the latest earnings call · 2026-08-05

CONFIDENT Remitly delivered Q2 revenue of $495M (+20% YoY), adjusted EBITDA $115M (23% margin), both above guidance. 10.2M quarterly active users hit milestone. Growth accelerators and AI productivity gains driving margin expansion. Q2 2026 U.S. revenue grew faster at +24% driven by continued share gains. Rest of World +18%. Receive corridors outside India, Philippines, Mexico comprise >50% of revenue and growing faster than overall. High-value sender expansion in Latin America showing strong traction; India-focused corridors softened in June due to rupee volatility and RBI measures. Analysts probed sustainability of AI margin gains (real and durable), high-value sender marketing cadence (disciplined ramp planned for FY27), and why growth accelerators aren't larger faster (long-term bets, validation-focused). Management reiterated confidence in AI productivity and disciplined scaling; ac…

Full summary in the app.

Shareholding

Insiders
5.33%
Institutions
88.61%

Largest institutional holders

FundStake
BlackRock Inc6.94%
Baillie Gifford & Co Limited.5.85%
FMR Inc5.07%
Vanguard Capital Management, LLC3.56%
Vanguard Portfolio Management, LLC3.52%
Marshall Wace Asset Management Ltd3.02%
Bank of America Corp2.43%
Generation Investment Management LLP2.31%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
REMITLY GLOBAL, INC. – Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue (6M 2026): $947.958 million vs. $773.476 million (6M 2025) — +22.5% growth •
2026-08-05
Results announced · Q3 2026
REMITLY GLOBAL, INC. – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Revenue: $495.2 million, up 20% year-over-year (vs. $411.9 million in Q2
2026-08-05
Shareholder vote results · Q2 2026
REMITLY GLOBAL, INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting of Stockholders held June 10, 2026 • Total votes cast for director electio
2026-06-11
Board / officer change · Q2 2026
REMITLY GLOBAL, INC. — FORM 8-K SUMMARY HEADLINE NUMBERS • No financial data provided in this document — this is an executive personnel announcement
2026-06-08
Quarterly report · Q1 2026
REMITLY GLOBAL, INC. — Q1 2026 10-Q SUMMARY --- HEADLINE NUMBERS • Revenue: $452.8 million (Q1 2026) vs. $361.6 million (Q1 2025) — +25.2% year-ove
2026-05-06
Results announced · Q2 2026
REMITLY GLOBAL, INC. - Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Revenue: $452.8 million in Q1 2026, up 25% year-over-year (Q1 2025: $361.6 millio
2026-05-06
Proxy statement · Q2 2026
REMITLY GLOBAL, INC. – 2026 ANNUAL MEETING PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect three Class II directors (Bora Chung, L
2026-04-24
Annual report FY2025
REMITLY GLOBAL, INC. — 2025 FORM 10-K SUMMARY HEADLINE NUMBERS • Active Customers (Q4 2025): 9.3 million, up 19% year-over-year from 7.8 million in
2026-02-18

Readable in the app.

Deals & corporate news

AnnouncementDate
Q4 2025 earnings and FY2026 financial outlook provided
Remitly released its fourth quarter and full year 2025 earnings presentation on February 18, 2026. This document is primarily forward-looking guidance and risk disclosures rather than detail
2026-02-18

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Data updated 2026-09-18.