Remitly Global, Inc. (RELY) quarterly income statement — complete revenue, gross profit & net income history
Remitly Global, Inc. (RELY) annual income statement — 21-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 495.16M | 452.8M | 442.18M | 419.49M | 411.85M | 361.62M | 351.89M | 336.53M | 306.42M | 269.12M | 264.76M | 241.63M | 234.03M | 203.87M | 191.03M | 169.26M | 157.25M | 136.01M | 135.25M | 121.24M |
| Revenue Growth % | 20.23% | 25.21% | 25.66% | 24.65% | 34.41% | 34.37% | 32.91% | 39.27% | 30.93% | 32.01% | 38.59% | 42.76% | 48.82% | 49.89% | 41.24% | 39.6% | 41.61% | 49.37% | 69.03% | - |
| Cost of Goods Sold | 187.81M | 184.15M | 178.56M | 173.11M | 168.83M | 143.97M | 140.4M | 137.35M | 127.78M | 110M | 109.03M | 106.93M | 101.67M | 94M | 91.11M | 88.01M | 77.68M | 70.13M | 69.52M | 59.56M |
| COGS % of Revenue | 37.93% | 40.67% | 40.38% | 41.27% | 40.99% | 39.81% | 39.9% | 40.81% | 41.7% | 40.87% | 41.18% | 44.25% | 43.44% | 46.11% | 47.69% | 52% | 49.4% | 51.56% | 51.4% | 49.13% |
| Gross Profit | 307.34M | 268.65M | 263.62M | 246.38M | 243.02M | 217.66M | 211.5M | 199.18M | 178.64M | 159.12M | 155.72M | 134.7M | 132.36M | 109.87M | 99.93M | 81.25M | 79.57M | 65.88M | 65.73M | 61.68M |
| Gross Margin % | 62.07% | 59.33% | 59.62% | 58.73% | 59.01% | 60.19% | 60.1% | 59.19% | 58.3% | 59.13% | 58.82% | 55.75% | 56.56% | 53.89% | 52.31% | 48% | 50.6% | 48.44% | 48.6% | 50.87% |
| Gross Profit Growth % | 26.47% | 23.43% | 24.65% | 23.7% | 36.04% | 36.79% | 35.82% | 47.87% | 34.97% | 44.83% | 55.84% | 65.79% | 66.34% | 66.77% | 52.02% | 31.72% | 50.86% | 59.46% | 81.46% | - |
| Operating Expenses | 240.66M | 203.38M | 224.57M | 234.61M | 228.38M | 205.43M | 215.24M | 198.81M | 194.41M | 179.07M | 186.72M | 171.6M | 150.59M | 137.94M | 122.8M | 116.86M | 118.95M | 89.06M | 82.27M | 74.35M |
| OpEx % of Revenue | 48.6% | 44.91% | 50.79% | 55.93% | 55.45% | 56.81% | 61.17% | 59.08% | 63.44% | 66.54% | 70.53% | 71.02% | 64.34% | 67.66% | 64.28% | 69.04% | 75.64% | 65.47% | 60.83% | 61.32% |
| Selling, General & Admin | 160.31M | 141.51M | 149.55M | 147.75M | 144.56M | 126.18M | 138.81M | 125.71M | 122.94M | 112.19M | 124M | 111.17M | 93.09M | 85.53M | 78.06M | 78.84M | 81.36M | 63.96M | 61.78M | 54.9M |
| SG&A % of Revenue | 32.37% | 31.25% | 33.82% | 35.22% | 35.1% | 34.89% | 39.45% | 37.36% | 40.12% | 41.69% | 46.84% | 46.01% | 39.78% | 41.95% | 40.86% | 46.58% | 51.74% | 47.03% | 45.68% | 45.28% |
| Research & Development | 0 | 0 | 82.14M | 80.42M | 77.5M | 73.85M | 70.61M | 68.45M | 67.55M | 63.21M | 59.24M | 57.01M | 54.31M | 49.38M | 42.88M | 36.18M | 36.08M | 23.57M | 19.13M | 18.12M |
| R&D % of Revenue | - | - | 18.58% | 19.17% | 18.82% | 20.42% | 20.07% | 20.34% | 22.05% | 23.49% | 22.38% | 23.6% | 23.21% | 24.22% | 22.45% | 21.37% | 22.95% | 17.33% | 14.14% | 14.95% |
| Other Operating Expenses | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 66.68M | 65.28M | 39.05M | 11.78M | 14.64M | 12.23M | -3.74M | 368K | -15.76M | -19.95M | -31M | -36.9M | -18.22M | -28.07M | -22.87M | -35.62M | -39.38M | -23.17M | -16.54M | -12.67M |
| Operating Margin % | 13.47% | 14.42% | 8.83% | 2.81% | 3.56% | 3.38% | -1.06% | 0.11% | -5.14% | -7.41% | -11.71% | -15.27% | -7.79% | -13.77% | -11.97% | -21.04% | -25.04% | -17.04% | -12.23% | -10.45% |
| Operating Income Growth % | 355.38% | 433.62% | 1144.5% | 3100.27% | 192.9% | 161.31% | 87.94% | 101% | 13.5% | 28.91% | -35.57% | -3.61% | 53.72% | -21.12% | -38.27% | -181.18% | -1925.57% | -170.35% | -87.05% | - |
| EBITDA | 78.49M | 71.48M | 45.93M | 22.59M | 20.97M | 17.63M | 2.08M | 5.02M | -11.86M | -16.27M | -27.52M | -33.48M | -15.04M | -25.04M | -21.01M | -33.77M | -37.87M | -21.66M | -15.17M | -11.35M |
| EBITDA Margin % | 15.85% | 15.79% | 10.39% | 5.38% | 5.09% | 4.88% | 0.59% | 1.49% | -3.87% | -6.05% | -10.39% | -13.86% | -6.42% | -12.28% | -11% | -19.95% | -24.08% | -15.92% | -11.22% | -9.36% |
| EBITDA Growth % | 274.3% | 305.45% | 2113.59% | 349.63% | 276.88% | 208.32% | 107.54% | 115% | 21.16% | 35% | -30.95% | 0.86% | 60.29% | -15.62% | -38.5% | -197.62% | -6027.35% | -195.58% | -98.57% | - |
| D&A (Non-Cash Add-back) | 11.8M | 6.2M | 6.88M | 10.81M | 6.33M | 5.4M | 5.81M | 4.66M | 3.91M | 3.68M | 3.48M | 3.42M | 3.19M | 3.03M | 1.85M | 1.84M | 1.51M | 1.52M | 1.37M | 1.32M |
| EBIT | 67.8M | 54.51M | 38.7M | 14.54M | 9.76M | 16.24M | -4.17M | 4.53M | -8.06M | -19.31M | -28.82M | -34.81M | -18.4M | -27.55M | -19.5M | -32.45M | -37.25M | -22.47M | -16.41M | -12.19M |
| Net Interest Income | -1.67M | -784K | -762K | -50K | 411K | 488K | 877K | 1.3M | 1.2M | 1.46M | 1.46M | 1.22M | 776K | 1.64M | 1.95M | 1.07M | 107K | -277K | -160K | -430K |
| Interest Income | 1.49M | 1.65M | 1.78M | 2.07M | 2.06M | 1.79M | 1.84M | 2.06M | 1.94M | 2.23M | 2.25M | 1.81M | 1.37M | 2.02M | 2.27M | 1.4M | 439K | 36K | 48K | 82K |
| Interest Expense | 3.15M | 2.44M | 2.55M | 2.12M | 1.65M | 1.3M | 967K | 760K | 745K | 769K | 786K | 585K | 592K | 389K | 327K | 330K | 332K | 313K | 208K | 512K |
| Other Income/Expense | -2.04M | -13.2M | -2.9M | 646K | -6.53M | 2.71M | -1.4M | 3.4M | 6.96M | -129K | 1.4M | 1.51M | -770K | 124K | 3.04M | 2.83M | 1.79M | 392K | -79K | -34K |
| Pretax Income | 64.64M | 52.08M | 36.15M | 12.42M | 8.11M | 14.94M | -5.13M | 3.77M | -8.8M | -20.08M | -29.6M | -35.4M | -18.99M | -27.94M | -19.83M | -32.78M | -37.58M | -22.78M | -16.62M | -12.7M |
| Pretax Margin % | 13.06% | 11.5% | 8.18% | 2.96% | 1.97% | 4.13% | -1.46% | 1.12% | -2.87% | -7.46% | -11.18% | -14.65% | -8.12% | -13.71% | -10.38% | -19.37% | -23.9% | -16.75% | -12.29% | -10.48% |
| Income Tax | -141.26M | 3.02M | -5.07M | 3.59M | 1.58M | 3.59M | 589K | 1.85M | 3.29M | 998K | 5.42M | 258K | -143K | 370K | -434K | 287K | 662K | 528K | -42K | 261K |
| Effective Tax Rate % | -218.53% | 5.8% | -14.02% | 28.93% | 19.45% | 24.03% | -11.47% | 49.11% | -37.38% | -4.97% | -18.3% | -0.73% | 0.75% | -1.32% | 2.19% | -0.88% | -1.76% | -2.32% | 0.25% | -2.05% |
| Net Income | 205.91M | 49.05M | 41.22M | 8.83M | 6.54M | 11.35M | -5.72M | 1.92M | -12.09M | -21.08M | -35.02M | -35.66M | -18.85M | -28.31M | -19.39M | -33.07M | -38.24M | -23.31M | -16.58M | -12.96M |
| Net Margin % | 41.58% | 10.83% | 9.32% | 2.1% | 1.59% | 3.14% | -1.63% | 0.57% | -3.95% | -7.83% | -13.23% | -14.76% | -8.05% | -13.89% | -10.15% | -19.54% | -24.32% | -17.14% | -12.26% | -10.69% |
| Net Income Growth % | 3050.37% | 332.11% | 820.06% | 360.56% | 154.06% | 153.85% | 83.66% | 105.38% | 35.86% | 25.55% | -80.57% | -7.82% | 50.71% | -21.47% | -17.01% | -155.12% | -2541.23% | -200% | -84.08% | - |
| Net Income (Continuing) | 205.91M | 49.05M | 41.22M | 8.83M | 6.54M | 11.35M | -5.72M | 1.92M | -12.09M | -21.08M | -35.02M | -35.66M | -18.85M | -28.31M | -19.39M | -33.07M | -38.24M | -23.31M | -16.58M | -12.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.93 | 0.23 | 0.19 | 0.04 | 0.03 | 0.05 | -0.03 | 0.01 | -0.06 | -0.11 | -0.19 | -0.20 | -0.11 | -0.16 | -0.11 | -0.20 | -0.23 | -0.14 | -0.10 | -0.08 |
| EPS Growth % | 3020.81% | 360% | 759.72% | - | 147.68% | 145.45% | 84.84% | 104.65% | 43.18% | 31.25% | -72.73% | 0% | 52.17% | -14.29% | -10% | -150.63% | - | -173.97% | -68.92% | - |
| EPS (Basic) | 0.98 | 0.23 | 0.20 | 0.04 | 0.03 | 0.06 | -0.03 | 0.01 | -0.06 | -0.11 | -0.19 | -0.20 | -0.11 | -0.16 | -0.11 | -0.20 | -0.23 | -0.14 | -0.10 | -0.08 |
| Diluted Shares Outstanding | 221.05M | 217.05M | 215.55M | 217.23M | 218.98M | 218.41M | 194.65M | 205.25M | 193.45M | 189.85M | 186.34M | 182.6M | 179.08M | 175.11M | 171.51M | 168.6M | 166.5M | 164.39M | 163.62M | 162.52M |
| Basic Shares Outstanding | 210.84M | 211.03M | 209.64M | 207.15M | 204.69M | 201.75M | 199.05M | 196.17M | 193.45M | 189.85M | 186.34M | 182.6M | 179.08M | 175.11M | 171.51M | 168.6M | 166.5M | 164.39M | 163.62M | 162.52M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |