Remitly Global, Inc.

RELY

NASDAQ · Infrastructure Software

$21.28

At close - Sep 22, 4:00 PM EDT - USD

Market Cap$4.48B

P/E68.6x

52W High$27.48

Volume4.54M

VCP Research Verdict2026Q2

Margin Expansion and Cash Inflection Drive Buy Case

Remitly has transitioned from a high-growth, loss-making remittance platform to a profitable, cash-generative business, with revenue growth decelerating to 20.2% YoY in 2026Q2 but gross margin expanding to 62.1%. The company achieved a profitability inflection...

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MARKET ACTION

RELY price & volume

Price trend, volume and key moving averages

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Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return

RELY+60.97%

S&P 500 (^GSPC)+13.20%

1-Year Return

RELY+24.88%

S&P 500 (^GSPC)+15.98%

3-Year Return

RELY-13.71%

S&P 500 (^GSPC)+78.78%

5-Year Return

RELY-56.08%

S&P 500 (^GSPC)+74.70%

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis

Trailing P/E5Y High

68.6x

Forward P/EExpansion

15.3x

EV/EBITDA100th %ile

39.0x

FCF YieldCash Flow

6.6%

Valuation vs 5-Year History

Multiple Range

Metric

Current

5Y Median

Historical Range

Percentile

P/E

68.6x

44.5x

100th· High

EV/EBITDA

39.0x

25.1x

100th· High

Price/FCF

15.2x

24.9x

50th· Fair

Current Multiple

5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection

Bear$13.55-36.3%

Base (Fair)$20.73-5.5%

Bull$25.04+17.7%

$13.55 Bear$20.73 Base$25.04 Bull

Current Market Price: $21.28

Trades at a 2.7% premium to Base DCF ($20.73)

Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend

Revenue

$1.64B+29.4% YoY

Net income

$68M+283.7% YoY

Free cash flow

$296M+67.2% YoY

Operating margin

5%+8.1 pts YoY

ROIC (TTM)14.2%

Avg ROIC 5Y-

ROE (TTM)8.9%

Piotroski Score5 / 9

Financial Statements →

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History

EPS Beat Rate8/12 (67%)

Revenue Beat Rate11/12 (92%)

Quarter	EPS (Act vs Est)	Revenue (Act vs Est)
Q3 2026Latest Aug 5, 2026	$0.93+651.2% vs $0.12	$495M+1.8% vs $486M
Q2 2026 May 6, 2026	$0.23+91.7% vs $0.12	$453M+3.2% vs $439M
Q1 2026 Feb 18, 2026	$0.19+20.6% vs $0.16	$442M+3.5% vs $427M
Q4 2025 Nov 5, 2025	$0.04-77.4% vs $0.18	$419M+1.4% vs $414M

Historical baseline: 12 quarters analyzedGAAP / Adjusted

MARKET COVERAGE

Latest News

5 Stories

Defense World·2d ago

Compass Diversified (NYSE:CODI) vs. Remitly Global (NASDAQ:RELY) Head to Head Analysis

Remitly Global (NASDAQ: RELY - Get Free Report) and Compass Diversified (NYSE: CODI - Get Free Report) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation and profitability. Profitability This table compares Remitly Global and Compass

Zacks Investment Research·5d ago

Best Momentum Stocks to Buy for September 18th

PDEX, APH and RELY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 18th, 2026.

Zacks Investment Research·Sep 15, 2026

Best Momentum Stocks to Buy for September 15th

RELY, MGY and APPN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 15th, 2026.

Zacks Investment Research·Sep 15, 2026

New Strong Buy Stocks for September 15th

MGY, BFH, HCSG, RELY and OFG have been added to the Zacks Rank #1 (Strong Buy) List on September 15th, 2026.

Filtered for Remitly Global, Inc.More Headlines

Compare before deciding

Benchmark RELY against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Remitly Global, Inc. (RELY)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
RELYRemitly Global, Inc.Current	$21.28	$4.48B	68.65	29.37%	4.15%	8.86%	—
WUThe Western Union Company	$6.22	$1.94B	4.07	-4.69%	9.8%	42.65%	—
IMXIInternational Money Express, Inc.	$12.04	$362.34M	11.15	-7.72%	4.12%	11.58%	—
FLYWFlywire Corp	$17.24	$2.1B	156.73	26.59%	4.77%	4.08%	—
PYPLPayPal Holdings, Inc.	$52.89	$46.65B	9.78	4.19%	14.36%	24.42%	—
VVisa Inc.	$362.04	$675.95B	35.49	11.69%	50.78%	61.26%	—

Compare RELY vs Peers

Remitly Global, Inc. (RELY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WU

Most directly comparable listed peer for RELY.

Scale Benchmark

vs V

Larger-name benchmark to compare RELY against a more recognizable public peer.

Peer Set

Compare Top 5

vs WU, IMXI, FLYW, PYPL

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

RELY SEC Filings & Documents

Remitly Global, Inc. (RELY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Aug 5, 2026·SEC

Material company update

Jun 11, 2026·SEC

Material company update

Jun 8, 2026·SEC

10-K Annual Reports

FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

FY 2026

Aug 5, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

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RELY Frequently Asked Questions

Remitly Global, Inc. (RELY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Remitly Global, Inc.'s revenue?

Remitly Global, Inc. (RELY) reported $1.81B in revenue for fiscal year 2025. This represents a 1166% increase from $143.0M in 2002.

How fast is Remitly Global, Inc. growing?

Remitly Global, Inc. (RELY) grew revenue by 29.4% over the past year. This is strong growth.

Is RELY profitable?

Yes, Remitly Global, Inc. (RELY) is profitable, generating $305.0M in net income for fiscal year 2025 (4.2% net margin).

Dividend & Returns

What is RELY's return on equity?

Remitly Global, Inc. (RELY) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

What is Remitly Global, Inc.'s free cash flow?

Remitly Global, Inc. (RELY) generated $436.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in RELY back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →

Quarter

EPS (Act vs Est)

Revenue (Act vs Est)

Q3 2026Latest

Aug 5, 2026

$0.93+651.2%

vs $0.12

$495M+1.8%

vs $486M

Q2 2026

May 6, 2026

$0.23+91.7%

vs $0.12

$453M+3.2%

vs $439M

Q1 2026

Feb 18, 2026

$0.19+20.6%

vs $0.16

$442M+3.5%

vs $427M

Q4 2025

Nov 5, 2025

$0.04-77.4%

vs $0.18

$419M+1.4%

vs $414M

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

RELYRemitly Global, Inc.Current

$21.28

$4.48B

68.65

29.37%

4.15%

8.86%

—

WUThe Western Union Company

$6.22

$1.94B

4.07

-4.69%

9.8%

42.65%

—

IMXIInternational Money Express, Inc.

$12.04

$362.34M

11.15

-7.72%

4.12%

11.58%

—

FLYWFlywire Corp

$17.24

$2.1B

156.73

26.59%

4.77%

4.08%

—

PYPLPayPal Holdings, Inc.

$52.89

$46.65B

9.78

4.19%

14.36%

24.42%

—

VVisa Inc.

$362.04

$675.95B

35.49

11.69%

50.78%

61.26%

—