Earnings summaries and quarterly performance for Remitly Global.
Executive leadership at Remitly Global.
Board of directors at Remitly Global.
Research analysts who have asked questions during Remitly Global earnings calls.
Alexander Markgraff
KeyBanc Capital Markets
4 questions for RELY
Also covers: AVDX, BILL, CNCK +7 more
Cristopher Kennedy
William Blair & Company
4 questions for RELY
Also covers: ALKT, AXP, CTLP +14 more
Andrew Schmidt
Citigroup Inc.
3 questions for RELY
Also covers: ALKT, BILL, CWAN +15 more
Darrin Peller
Wolfe Research, LLC
3 questions for RELY
Also covers: ACN, ADYYF, AVDX +24 more
David Scharf
Citizens Capital Markets and Advisory
3 questions for RELY
Also covers: AFRM, ECPG, ENVA +11 more
Gustavo Gala
Monness, Crespi, Hardt & Co., Inc.
3 questions for RELY
Also covers: AXP, EEFT, IMXI
Ramsey El-Assal
Barclays
3 questions for RELY
Also covers: ACN, ADP, AFRM +20 more
Tien-tsin Huang
JPMorgan Chase & Co.
3 questions for RELY
Also covers: ACN, ADP, ALIT +23 more
Zachary Gunn
Financial Technology Partners
3 questions for RELY
Also covers: ADP, AFRM, EEFT +6 more
Andrew Bauch
Wells Fargo & Company
2 questions for RELY
Also covers: AFRM, AVDX, FLYW +9 more
Rufus Hone
BMO Capital Markets
2 questions for RELY
Also covers: AVDX, IIIV, RPAY +1 more
William Nance
The Goldman Sachs Group, Inc.
2 questions for RELY
Also covers: AFRM, AMTD, AVDX +19 more
Grace Wong
BMO Capital Markets
1 question for RELY
Will Nance
Goldman Sachs
1 question for RELY
Also covers: AFRM, AMTD, CHYM +14 more
Recent press releases and 8-K filings for RELY.
Remitly Reports Strong Q3 2025 Results and Provides Outlook
RELY
Earnings
Guidance Update
Product Launch
- Remitly reported Q3 2025 revenue of $419.5 million, a 25% year-over-year increase, with adjusted EBITDA of $61.2 million (a 15% margin) and GAAP net income of $8.8 million.
- The company saw strong momentum in new customer categories and products, including Remitly Business, which nearly doubled its send volume sequentially and expanded to the UK and Canada, and the Flex "send now, pay later" solution, which reached over 100,000 active users and saw its revenue nearly double sequentially.
- For Q4 2025, Remitly expects revenue between $426 million and $428 million (21%-22% growth) and adjusted EBITDA between $50 million and $52 million (12% margin).
- The full-year 2025 revenue guidance is $1.619 billion to $1.621 billion (28% growth), with adjusted EBITDA between $234 million and $236 million (15% margin).
- An initial outlook for 2026 revenue growth is in the high teens range, and the company repurchased $11.9 million in shares during Q3 2025.
Nov 5, 2025, 10:00 PM
RELY Announces Q3 2025 Financial Results and Provides Outlook
RELY
Earnings
Guidance Update
Revenue Acceleration/Inflection
- RELY reported Q3 2025 revenue of $419.5 million, representing a 25% year-over-year increase. The company achieved GAAP Net Income of $8.8 million and Adjusted EBITDA of $61.2 million, with an Adjusted EBITDA margin of 14.6%.
- Operational highlights for Q3 2025 include 8.9 million active customers, a 21% year-over-year growth, and send volume reaching $19.5 billion, marking a 35% year-over-year increase.
- For Q4 2025, RELY provided revenue guidance ranging from $425 million to $435 million and Adjusted EBITDA guidance of $58 million to $63 million. However, other information in the documents suggests slightly different guidance for Q4 2025 revenue at $426 million to $428 million and Adjusted EBITDA at $50 million to $52 million.
- For the full year 2025, revenue guidance is between $1.645 billion and $1.655 billion. There is conflicting guidance for full year 2025 Adjusted EBITDA, with one source indicating $180 million to $185 million and another stating $234 million to $236 million. The documents do not provide a definitive explanation for these discrepancies.
Nov 5, 2025, 10:00 PM
Remitly Global Reports Strong Q3 2025 Results and Raises Full Year Outlook
RELY
Earnings
Guidance Update
New Projects/Investments
- Remitly Global, Inc. reported Q3 2025 revenue of $419.5 million, a 25% year-over-year increase, alongside net income of $8.8 million and Adjusted EBITDA of $61.2 million.
- The company raised its full-year 2025 financial outlook, now projecting total revenue between $1.619 billion and $1.621 billion and Adjusted EBITDA in the range of $234 million to $236 million.
- Operational highlights for Q3 2025 include a 21% increase in active customers to 8.9 million and a 35% rise in send volume to $19.5 billion.
- Strategic updates include the launch of Remitly One, integration of stablecoins for global liquidity, and expansion of Remitly Business and High Amount Senders segments.
Nov 5, 2025, 9:10 PM
Remitly Global Inc. Reports Strong Q2 2025 Results and Announces New Product Initiatives
RELY
Earnings
Product Launch
Guidance Update
- Remitly Global Inc. reported strong Q2 2025 financial results, with revenue of $411.9 million, up 34% year over year, and adjusted EBITDA of $64 million, representing a 16% margin. The company also achieved $6.5 million in GAAP net income, marking its second consecutive positive GAAP net income quarter.
- The company formally launched Remitly Business in the US in Q2, expanding its total addressable market (TAM) from approximately $2 trillion to over $22 trillion, and is seeing strong early momentum with thousands of businesses onboarded. Additionally, Remitly is launching Remitly One, a new membership program in September, which will include Remitly Wallet (for multi-currency and stablecoin storage) and Remitly Flex (a send now, pay later solution). Stablecoin initiatives, including storing stablecoins in the wallet and receiving cross-border payments in stablecoin-compatible wallets, are also planned for September.
- For the full year 2025, Remitly Global expects revenue between $1.61 billion and $1.62 billion (27% to 28% growth) and adjusted EBITDA between $225 million and $230 million (14% margin), anticipating positive GAAP net income for the full year. The company also closed an upsized $550 million secured revolving credit facility and authorized a $200 million share repurchase program.
Aug 7, 2025, 4:55 PM
Remitly Global Inc outlines Q1 2025 performance and growth strategy
RELY
Earnings
- Q1 revenue grew 34% with a 16% EBITDA margin, meeting its “Rule of 50” growth-plus-profitability target.
- Volume increased 41%, driven by resilient, nondiscretionary remittance flows and market-share gains.
- U.S. revenue share fell from 75% to under two-thirds over four years, as rest-of-world revenue grew 41% (45% constant currency) in Q1.
- Transactions over $1,000 saw volume growth >45%, outpacing total volume for four consecutive quarters.
May 20, 2025, 2:21 PM
Remitly Global details Q1 growth and strategic focus
RELY
Guidance Update
- 41% year-on-year send volume growth and 34% revenue growth on over $1 billion in revenue, with 16% adjusted EBITDA margins surpassing the Rule of 50.
- 8 million quarterly active users, ~2 million app reviews with 4.9/4.8 star ratings demonstrate strong product engagement and resilience in P2P remittances.
- $40 billion in FX volume in the past year underpins a competitive treasury and FX platform spanning 5,200 corridors, enabling real-time cash analytics and optimized pricing.
- Actively exploring stablecoin integration for treasury and potential customer use cases, while planning embedded finance services to extend beyond core remittances.
- Maintaining disciplined corridor expansion (currently < 3% of a $2 trillion market), prioritizing growth in existing markets and micro-SMB segments with selective new market additions.
May 14, 2025, 6:21 PM
Quarterly earnings call transcripts for Remitly Global.
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