SequelSEC

Remitly Global, Inc. RELY

Services-Business Services, NEC · CIK 0001782170 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$1.64B
Fiscal year ended 2025-12-31
Operating income
$77.47M
Fiscal year ended 2025-12-31
Free cash flow
$295.65M
Fiscal year ended 2025-12-31

Remitly Global, Inc. (RELY) reported revenue of $1.64B and net income of $67.93M for the fiscal year ended 2025-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from Remitly Global, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Business Services, NEC.

Income

Remitly Global, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Revenue$1.64B$1.26B$944.28M$653.56M$458.60M$256.96M$126.57M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$77.47M-$39.09M-$114.20M-$121.04M-$39.72M-$29.18M-$50.60M
Net income$67.93M-$36.98M-$117.84M-$114.02M-$38.76M-$32.56M-$51.39M
Research & development$313.91M$269.82M$219.94M$138.72M$64.09M$40.78M$32.01M
Weighted-average diluted sharesshares 217.57Mshares 194.65Mshares 180.82Mshares 167.77Mshares 60.73Mshares 21.46Mshares 21.29M
Pretax income$71.63M-$30.25M-$111.94M-$112.98M-$37.71M-$31.40M-$51.13M
Income tax expense$3.70M$6.73M$5.90M$1.04M$1.04M$1.16M$259.00K
Diluted EPS$0.31$-0.19$-0.65$-0.68$-0.64$-1.52$-2.98
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$225.13M$195.86M$179.37M$131.25M$70.94M$31.66M$25.66M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Remitly Global, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash & equivalents$542.43M$368.10M$323.71M$300.64M$403.26M$186.69M$182.35M
Total assets$1.46B$1.01B$1.04B$695.95M$625.66M$362.99MUnavailable
Current assets$1.32B$897.51M$932.12M$669.42M$607.55M$345.33MUnavailable
Total liabilities$589.92M$347.40M$506.97M$215.87M$145.34M$186.61MUnavailable
Current liabilities$399.05M$329.01M$366.84M$209.14M$141.62M$181.78MUnavailable
Total equity incl. NCI$868.79M$665.47M$529.34M$480.09M$480.33M-$211.33M-$186.80M
Temporary (mezzanine) equityUnavailableUnavailable$0$0$0$387.71M$302.87M
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$54.94M$54.94M$54.94M$0UnavailableUnavailableUnavailable
Long-term debt$155.00M$0$130.00M$0UnavailableUnavailableUnavailable
Accounts payable$28.45M$16.16M$35.05M$6.79M$1.21M$4.26MUnavailable

Cash flow

Remitly Global, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Operating cash flow$325.08M$111.60M$66.81M-$108.66M-$18.39M-$114.21M$8.44M
Capital expenditures$29.43M$6.00M$2.86M$3.68M$1.96M$2.06M$5.05M
Investing cash flow-$69.93M-$19.89M-$50.04M-$7.31M-$4.53M-$4.37M-$7.21M
Financing cash flow-$89.78M-$42.37M$6.25M$14.59M$238.20M$122.22M$117.02M
Net change in cash$174.48M$44.79M$24.30M-$102.58M$215.24M$4.56M$118.57M
Stock-based compensation$155.11M$152.14M$136.97M$95.29M$17.02M$5.26M$3.65M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$23.89M$0$0Unavailable$0$0$7.02M
Depreciation & amortization$25.03M$18.05M$13.12M$6.72M$5.26M$4.06M$2.66M

Derived

Remitly Global, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Free cash flow$295.65M$105.60M$63.95M-$112.34M-$20.35M-$116.27M$3.39M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin4.7%-3.1%-12.1%-18.5%-8.7%-11.4%-40.0%
FCF margin18.1%8.4%6.8%-17.2%-4.4%-45.3%2.7%
SBC / revenue9.5%12.0%14.5%14.6%3.7%2.0%2.9%
Current ratio3.30x2.73x2.54x3.20x4.29x1.90xUnavailable
Revenue YoY growth29.4%33.9%44.5%42.5%78.5%103.0%Unavailable
Net margin4.2%-2.9%-12.5%-17.4%-8.5%-12.7%-40.6%
R&D / revenue19.2%21.3%23.3%21.2%14.0%15.9%25.3%
CapEx / revenue1.8%0.5%0.3%0.6%0.4%0.8%4.0%
Long-term debt / equity0.18xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate5.2%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open RELY in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-18View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-06View SEC filing
10-Q · Filed 2025-05-07View SEC filing

Companies in the same industry

ACN ACVA ADV AKAM ALIT AMTM AMWL ANDG ASFH BAER BCRD BR

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.