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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Remitly Global, Inc. (RELY) Quarterly Financial Ratios

Last 36 quarters of trend data · Technology · Software - Infrastructure

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Remitly Global, Inc.'s quarterly P/E stands at 100.4x, down 72.1% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 71.7% YoY to 34.3x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
P/E Ratio →53.87100.37157.47104.00—359.95———————
—-72.1%———————————
P/S Ratio2.142.112.493.143.122.041.913.663.424.763.603.642.57
—+3.4%+30.4%-14.1%-8.7%-57.1%-46.9%+0.5%+33.0%+72.1%+77.6%+22.0%-58.8%
P/B Ratio4.184.445.376.286.604.364.057.176.848.766.535.994.09
—+2.0%+32.7%-12.4%-3.4%-50.3%-38.0%+19.6%+67.1%+117.9%+139.4%+74.1%-41.8%
P/FCF11.82579.7140.249.7921.794.8112.27——35.46———
—+11952.6%+227.9%——-86.4%———————
EV / EBITDA30.6934.3143.2457.72486.91121.32———————
—-71.7%———————————
EV / EBIT40.6053.3092.8662.66—134.61———————
—-60.4%———————————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Remitly Global, Inc.'s operating margin was 2.8% in Q3 2025, down 0.7 pp QoQ and up 2.7 pp YoY.

Margins

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Gross Margin—58.7%59.0%60.2%60.1%59.2%58.3%59.1%58.8%55.7%56.6%53.9%52.3%
—-0.8%+1.2%+1.8%+2.2%+6.2%+3.1%+9.7%+12.4%+16.1%+11.8%+11.3%+7.6%
Operating Margin4.7%2.8%3.6%3.4%-1.1%0.1%-5.1%-7.4%-11.7%-15.3%-7.8%-13.8%-12.0%
—+2466.2%+169.1%+145.6%+90.9%+100.7%+33.9%+46.1%+2.2%+27.4%+68.9%+19.2%+2.1%
Net Margin4.2%2.1%1.6%3.1%-1.6%0.6%-3.9%-7.8%-13.2%-14.8%-8.1%-13.9%-10.2%
—+269.5%+140.2%+140.1%+87.7%+103.9%+51.0%+43.6%-30.3%+24.5%+66.9%+19.0%+17.2%

Return on Capital

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
ROE8.9%1.1%0.9%1.6%-0.9%0.3%-2.1%-3.9%-6.6%-6.8%-3.7%-5.8%-4.1%
—+256.7%+141.0%+141.8%+86.7%+104.6%+42.5%+32.7%-62.0%+3.3%+54.2%-18.5%-19.7%
ROA5.5%0.7%0.6%1.1%-0.6%0.2%-1.2%-2.0%-3.7%-4.4%-2.5%-4.0%-2.8%
—+271.7%+148.4%+153.9%+84.6%+104.5%+52.6%+50.3%-33.9%+5.4%+55.4%-7.9%-8.9%
ROIC14.0%2.8%4.1%3.3%-0.9%0.1%-2.8%-3.9%-7.0%-8.5%-4.5%-9.2%-11.9%
—+3636.7%+248.4%+184.2%+87.4%+100.9%+38.4%+58.1%+41.2%+76.5%+93.7%+68.7%+35.5%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Remitly Global, Inc.'s Debt/EBITDA ratio is 1.6x — comfortably within a safe range. The current ratio has improved 8.2% YoY to 2.88x, strengthening the short-term liquidity position. Debt/Equity has risen for 5 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23Q4 '22
Debt / Equity0.220.040.040.030.020.020.050.300.270.030.100.030.02
—+105.2%-17.9%-90.1%-90.9%-15.5%-46.1%+778.0%+1310.4%+21.8%+319.1%+101.0%+49.7%
Debt / EBITDA1.871.571.541.217.852.72———————
—-42.3%———————————
Current Ratio3.302.882.852.782.732.662.462.642.542.433.003.073.20
—+8.2%+15.9%+5.2%+7.4%+9.5%-17.9%-14.0%-20.6%-21.4%+7.2%-23.7%-25.4%
Quick Ratio3.302.882.852.782.732.662.462.642.542.433.003.073.20
—+8.2%+15.9%+5.2%+7.4%+9.5%-17.9%-14.0%-20.6%-21.4%+7.2%-23.7%-25.4%
Interest Coverage—5.578.879.42-3.870.48-21.16-25.95-39.44-63.08-30.78-72.15-69.93
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 36 years · Updated daily

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Frequently Asked Questions

What is Remitly Global, Inc.'s quarterly P/E ratio trend?

Remitly Global, Inc.'s current P/E is 53.9x. The average P/E over the last 3 quarters is 120.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Remitly Global, Inc.'s margins change by quarter?

Remitly Global, Inc.'s current operating margin is 4.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at RELY quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Remitly Global, Inc.'s business trajectory between earnings reports.

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