Remitly Global, Inc. (RELY) Stock Analysis
Technology · Software - Infrastructure · NasdaqGS
Remitly Global, Inc. (RELY) posted $1.64B in revenue for fiscal 2025 (up 29.4% year over year), at a 4.2% net margin, and has compounded revenue about 44.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Remitly Global, Inc.
Remitly Global, Inc. has grown revenue from $126.57M to $1.64B over the last 7 fiscal years, compounding about 44.8% a year. The most recent year was up 29.4%, so growth has cooled from its longer-run pace.
Net margin sits at 4.2%, up 7.1 points year over year. It carries about $157.82M of total debt.
At today's valuation the market is pricing in roughly 1.6% annual free-cash-flow growth. The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Remitly Global, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Remitly Global, Inc. revenue & earnings — last 7 fiscal years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $126.57M | $256.96M | $458.61M | $653.56M | $944.28M | $1.26B | $1.64B |
| Gross profit | — | — | — | — | — | — | — |
| Net income | $-51.39M | $-32.56M | $-38.76M | $-114.02M | $-117.84M | $-36.98M | $67.93M |
| Net margin | -40.6% | -12.7% | -8.5% | -17.4% | -12.5% | -2.9% | 4.2% |
Source: Remitly Global, Inc. SEC filings (10-K).
Remitly Global, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 28.2% over 4 years (164.2M → 210.6M) — existing holders' stakes are being diluted.
What growth is priced into RELY stock?
At today's market cap of $3.80B, Remitly Global, Inc. is priced for free-cash-flow growth of about 1.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $295.65M from the FY ending 2025-12-31). For comparison, revenue 44.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 7 years of Remitly Global, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Remitly Global, Inc. financial history by metric
Compare Remitly Global, Inc. with peers
About Remitly Global, Inc.
Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website. Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Remitly Global, Inc. — frequently asked questions
What is Remitly Global, Inc.'s revenue?
Remitly Global, Inc. (RELY) reported revenue of $1.64B for fiscal year 2025, up 29.4% from the prior year, according to its SEC filings.
Is Remitly Global, Inc. profitable?
Yes. RELY earned net income of $67.93M in fiscal 2025, a net margin of 4.2%.
What is RELY's P/E ratio?
Remitly Global, Inc. trades at a price-to-earnings ratio of about 37.6 based on the latest data in our nightly-refreshed cache.
How fast is Remitly Global, Inc. growing?
RELY's revenue grew at roughly 44.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Remitly Global, Inc. have?
As of fiscal year 2025, RELY carried roughly $157.82M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Remitly Global, Inc.'s market cap?
Remitly Global, Inc. (RELY) has a market capitalization of about $3.80B, based on the latest data in our nightly-refreshed cache.
When does Remitly Global, Inc.'s fiscal year end?
RELY's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into RELY stock?
At today's market cap of $3.80B, Remitly Global, Inc. is priced for free-cash-flow growth of about 1.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $295.65M from the FY ending 2025-12-31). For comparison, revenue 44.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Remitly Global, Inc.'s official SEC filings (10-K and 10-Q), covering 7 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.