Earnings summaries and quarterly performance for Remitly Global.
Executive leadership at Remitly Global.
Matthew Oppenheimer
Detailed
Chief Executive Officer
CEO
AS
Ankur Sinha
Detailed
Chief Product and Technology Officer
LT
Luke Tavis
Detailed
Chief Accounting Officer
PS
Pankaj Sharma
Detailed
Chief Business Officer
SS
Saema Somalya
Detailed
Chief Legal and Corporate Affairs Officer
VM
Vikas Mehta
Detailed
Chief Financial Officer
Board of directors at Remitly Global.
Research analysts who have asked questions during Remitly Global earnings calls.
DP
Darrin Peller
Wolfe Research, LLC
5 questions for RELY
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Barclays
5 questions for RELY
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TH
Tien-tsin Huang
JPMorgan Chase & Co.
5 questions for RELY
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Alexander Markgraff
KeyBanc Capital Markets
4 questions for RELY
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CK
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William Blair & Company
4 questions for RELY
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AS
Andrew Schmidt
Citigroup Inc.
3 questions for RELY
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David Scharf
Citizens Capital Markets and Advisory
3 questions for RELY
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Gustavo Gala
Monness, Crespi, Hardt & Co., Inc.
3 questions for RELY
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Will Nance
Goldman Sachs
3 questions for RELY
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Zachary Gunn
Financial Technology Partners
3 questions for RELY
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Aditya Buddhavarapu
Bank of America
2 questions for RELY
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KeyBanc
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Wells Fargo & Company
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William Blair & Company
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William Nance
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Grace Wong
BMO Capital Markets
1 question for RELY
Recent press releases and 8-K filings for RELY.
Remitly Global Reports Strong Q4 and Full Year 2025 Results, Appoints New CEO, and Provides 2026 Guidance
RELY
Earnings
CEO Change
Guidance Update
- Remitly Global reported strong Q4 2025 revenue of $442 million and Adjusted EBITDA of $89 million, contributing to full year 2025 revenue of $1.635 billion and Adjusted EBITDA of $272 million. The company achieved its first full year of GAAP profitability with $68 million net income and $283 million in free cash flow for 2025.
- The company provided full year 2026 guidance projecting revenue between $1.94 billion and $1.96 billion and Adjusted EBITDA between $340 million and $360 million.
- Sebastian Gunningham has been appointed as the new CEO, with former CEO Matt Oppenheimer transitioning to Chairman.
- New products, such as Flex and Remitly Business, are gaining traction, with their revenue contribution expected to more than double in 2026 after contributing over 1% to 2025 revenue.
- Remitly plans to increase the quarterly pacing of share repurchases in 2026, having repurchased $23.9 million in 2025.
Feb 18, 2026, 10:00 PM
Remitly Global Reports Q4 and Full-Year 2025 Results, Issues 2026 Guidance, and Appoints New CEO
RELY
Earnings
Guidance Update
CEO Change
- Remitly Global reported Q4 2025 revenue of $442 million (up 26% Y/Y) and full-year 2025 revenue of $1,635 million (up 29% Y/Y).
- The company achieved its first full year of GAAP profitability in 2025, with GAAP Net Income of $68 million for the full year and $41 million in Q4 2025.
- Adjusted EBITDA grew 98% Y/Y to $89 million in Q4 2025 and 93% Y/Y to $272 million for the full year 2025.
- Send volume increased 35% Y/Y to $21 billion in Q4 2025, with 9.3 million quarterly active customers (up 19% Y/Y).
- For 2026, Remitly Global projects revenue between $1.94 billion and $1.96 billion and Adjusted EBITDA between $340 million and $360 million. Sebastian Gunningham has been appointed as the incoming CEO.
Feb 18, 2026, 10:00 PM
Remitly Global Reports Strong Q4 and Full-Year 2025 Results, Announces New CEO, and Provides 2026 Guidance
RELY
Earnings
CEO Change
Guidance Update
- Remitly Global reported strong financial performance for Q4 2025, with revenue of $442 million (up 26% year-over-year) and Adjusted EBITDA of $89 million, resulting in a 20% Adjusted EBITDA margin. For the full year 2025, revenue reached $1.635 billion (up 29%), Adjusted EBITDA was $272 million, and the company achieved its first full year of cash profitability with $68 million in net income and $283 million in free cash flow.
- Sebastian Gunningham has been appointed as Remitly's new CEO, with co-founder Matt Oppenheimer transitioning to the chairman role.
- The company provided guidance for Q1 2026, expecting revenue between $436 million and $438 million (21% growth) and Adjusted EBITDA between $82 million and $84 million (around 19% margin). For the full year 2026, revenue is projected to be between $1.94 billion and $1.96 billion (19%-20% growth), with Adjusted EBITDA between $340 million and $360 million (around 18% margin).
- Strategic initiatives include the growth of new products like Flex, which reached around 120,000 users in 2025, and Remitly Business, which had over 15,000 business customers. Revenue from new products is expected to more than double in 2026, and the company plans to increase its share repurchase activity in 2026.
Feb 18, 2026, 10:00 PM
Remitly Global Reports Strong Q4 and Full-Year 2025 Results, Issues Positive 2026 Guidance
RELY
Earnings
Guidance Update
CEO Change
- Remitly Global reported strong financial results for Q4 2025, with revenue of $442 million (up 26% year-over-year) and Adjusted EBITDA of $89 million (20% margin), contributing to full-year 2025 revenue of $1.635 billion (up 29%) and the company's first full year of GAAP net income at $68 million.
- The company provided positive guidance for Q1 2026, expecting revenue between $436 million and $438 million and Adjusted EBITDA between $82 million and $84 million, and for full-year 2026, projecting revenue between $1.94 billion and $1.96 billion and Adjusted EBITDA between $340 million and $360 million.
- Growth was fueled by an increase in quarterly active users to 9.3 million and a 35% rise in send volume to $21 billion, with a strategic focus on high-amount senders and the successful launch of new products like Flex (120,000 users) and Remitly Business (15,000 customers), with new product revenue expected to more than double in 2026.
- Operational efficiency, driven by AI integration and disciplined expense management, led to Free Cash Flow more than tripling to $283 million in 2025, and the company plans to increase share buyback activity in 2026.
Feb 18, 2026, 10:00 PM
Remitly Global, Inc. Reports Strong Q4 and Full Year 2025 Results, Achieves GAAP Profitability, and Announces CEO Transition
RELY
Earnings
Guidance Update
Management Change
- Remitly Global, Inc. reported strong financial results for Q4 and full year 2025, achieving its first full year of GAAP profitability with $67.9 million in net income for FY 2025 and $41.2 million for Q4 2025.
- For Q4 2025, revenue totaled $442.2 million, a 26% increase year-over-year, and Adjusted EBITDA grew 98% to $88.6 million. Full year 2025 revenue reached $1.6 billion, up 29% year-over-year, with Adjusted EBITDA of $272.2 million, up 93%.
- Operational highlights for Q4 2025 include an increase in active customers to 9.3 million (up 19%) and a rise in send volume to $20.8 billion (up 35%).
- The company provided a positive outlook for fiscal year 2026, expecting total revenue between $1.940 billion and $1.960 billion and Adjusted EBITDA in the range of $340 million to $360 million, with GAAP net income projected to be positive.
- Remitly announced a leadership transition, with co-founder Matt Oppenheimer stepping down as CEO and Sebastian Gunningham appointed as the new Chief Executive Officer.
Feb 18, 2026, 9:08 PM
Remitly Global Reports Strong Q4 and Full Year 2025 Results, Announces CEO Change, and Provides 2026 Outlook
RELY
Earnings
CEO Change
Guidance Update
- Remitly Global reported record fourth quarter 2025 revenue of $442.2 million and net income of $41.2 million, and achieved its first full year of GAAP profitability in 2025 with $1.6 billion in revenue and $67.9 million in net income.
- Matt Oppenheimer is transitioning from CEO to Chairman, effective February 18, 2026, with Sebastian Gunningham appointed as the new Chief Executive Officer.
- The company provided a 2026 financial outlook, projecting total revenue between $1.940 billion and $1.960 billion and Adjusted EBITDA between $340 million and $360 million, with GAAP net income expected to be positive.
- Active customers grew 19% to 9.3 million and send volume increased 35% to $20.8 billion in Q4 2025 compared to the prior year.
Feb 18, 2026, 9:04 PM
Remitly Outlines Strategic Direction and Financial Outlook at Investor Day 2025
RELY
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Remitly's Investor Day 2025, held on December 9, 2025, detailed the company's strategic direction and financial outlook.
- The company reported strong Adjusted Free Cash Flow growth, reaching $214 million for the 3Q25 LTM period.
- Remitly is expanding its offerings with new products like Liquidity & Credit (Remitly Flex) and Wallet & Card, while leveraging Stablecoins and AI to enhance its platform.
- For 2026, Remitly projects high teens Revenue Growth and Adjusted EBITDA between $300 million and $320 million.
- The medium-term outlook for 2028 anticipates Revenue of $2.6 billion to $3.0 billion and an Adjusted EBITDA Margin of 20% to 22%.
Dec 9, 2025, 3:00 PM
Remitly Outlines Long-Term Vision and Financial Targets at Investor Day 2025
RELY
Guidance Update
Product Launch
Revenue Acceleration/Inflection
- Remitly is evolving from a remittance-focused company to a broader financial services provider, expanding into new customer categories and launching products like the Flex Suite, Remitly Wallet, and Remitly One membership.
- The company provided a 2028 financial outlook, targeting revenue between $2.6 billion-$3 billion and Adjusted EBITDA of $575 million-$600 million, with an Adjusted EBITDA margin of 20%-22%.
- For 2026, Remitly anticipates high teens revenue growth and Adjusted EBITDA in the range of $300 million-$320 million.
- Remitly's strategy relies on its platform, powered by AI and stablecoins, to accelerate innovation, enhance efficiency, and reduce costs across its offerings.
- Early traction for new products includes over 40,000 accounts for Remitly Wallet and more than 100,000 active members for Remitly One since their recent introductions.
Dec 9, 2025, 3:00 PM
Remitly Outlines 2026 and 2028 Financial Outlook and Growth Strategy
RELY
Guidance Update
New Projects/Investments
Product Launch
- Remitly projects $2.6 billion-$3 billion in revenue and $575 million-$600 million in Adjusted EBITDA by 2028, with an Adjusted EBITDA margin of 20%-22%.
- For 2026, the company expects high teens revenue growth and Adjusted EBITDA between $300 million-$320 million, representing a 30% year-over-year growth and approximately 150 basis points of margin expansion.
- The company is expanding its offerings beyond low-amount senders to include high-amount transfers and small and medium-sized businesses, leveraging new products like Remitly One and Send Now, Pay Later (Flex), and utilizing AI and stablecoins to drive growth and efficiency.
- Remitly has demonstrated strong financial performance, with Adjusted Free Cash Flow growing from negative $16 million in FY20 to $214 million on a trailing 12-month basis, a 77% compounded annual growth rate.
Dec 9, 2025, 3:00 PM
Remitly Outlines 2028 Financial Targets and Growth Strategy
RELY
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
- Remitly projects to achieve nearly $3 billion in revenue and close to $600 million in Adjusted EBITDA by 2028.
- The company is expanding its offerings to new customer categories and products, including services for businesses and receivers, within a global cross-border payments market exceeding $22 trillion.
- Remitly's platform leverages AI and stablecoins to drive efficiency and innovation, with AI systems reducing customer service costs by 40% this year and contact rates by nearly half.
- CEO Matt Oppenheimer holds approximately 5 million shares and has no plans to sell, indicating strong conviction in the company's future and its ability to deliver outsized financial returns.
Dec 9, 2025, 3:00 PM
Quarterly earnings call transcripts for Remitly Global.
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