Jun 2026 (Q2 FY26) — Aug 5, 2026
Remitly Q2 FY26 — Record Revenue, Adjusted EBITDA, and User Growth
Read the full callRemitly (RELY) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Remitly earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 495 | +20.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.5 | +9.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 206 | +3050.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
16 of 16 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Quarterly adjusted EBITDA guidance | $86 million to $88 million (~18% margin) | Mar 2026 | Adjusted EBITDA was $115 million, $28 million above the midpoint of our guidance at 23% margin | Achieved |
| Full-year adjusted EBITDA guidance | $340 million to $360 million (~18% margin) | Dec 2025 | For the full year, we expect adjusted EBITDA to be between $410 million and $415 million, representing an adjusted EBITDA margin of around 21% | Revised Up |
| Growth accelerators share of total revenue | Around 5% of total revenue | Mar 2026 | well on track to comprise around 5% of total revenue in 2026 | On Track |
12 of Remitly Global, Inc.'s 28 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 25 more targets are in the full ledger.
Claimed
- Record revenue of $495 million, up 20% year-over-year, $11 million above midpoint of guidance.
- Record adjusted EBITDA of $115 million, $28 million above midpoint of guidance, with a 23% margin.
- Achieved over 10 million quarterly active users (QAUs) for the first time, up 20% year-over-year.
- Free cash flow nearly tripled year-over-year to over $130 million.
- G&A expense declined 11% year-over-year, the first year-over-year decline as a public company.
Qualified
- High-value sender volume growth was softer in June due to fluctuations in the Indian rupee and short-term foreign currency mobilization measures by the Reserve Bank of India.
Price
$24.65 +4.94% · +$1.16
Performance +61.0% 1Y
1Y: $15.31 on 14 Oct 2025 → $24.65. High $26.92 (3 Sept 2026), low $12.2 (12 Nov 2025).
- Previous close
- $23.49
- 52-week range
- $12.2 – $26.92
- One year
- +59.24%
Overview
- Symbol
- RELY
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
16 of 16 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Quarterly adjusted EBITDA guidance | $86 million to $88 million (~18% margin) | Mar 2026 | Adjusted EBITDA was $115 million, $28 million above the midpoint of our guidance at 23% margin | Achieved |
| Full-year adjusted EBITDA guidance | $340 million to $360 million (~18% margin) | Dec 2025 | For the full year, we expect adjusted EBITDA to be between $410 million and $415 million, representing an adjusted EBITDA margin of around 21% | Revised Up |
| Growth accelerators share of total revenue | Around 5% of total revenue | Mar 2026 | well on track to comprise around 5% of total revenue in 2026 | On Track |
Claimed
- Record revenue of $495 million, up 20% year-over-year, $11 million above midpoint of guidance.
- Record adjusted EBITDA of $115 million, $28 million above midpoint of guidance, with a 23% margin.
- Achieved over 10 million quarterly active users (QAUs) for the first time, up 20% year-over-year.
- Free cash flow nearly tripled year-over-year to over $130 million.
- G&A expense declined 11% year-over-year, the first year-over-year decline as a public company.
Qualified
- High-value sender volume growth was softer in June due to fluctuations in the Indian rupee and short-term foreign currency mobilization measures by the Reserve Bank of India.
The full ledger
Open Remitly Global, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 28 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 6, 2026
Remitly Q1 FY26 — Record Revenue & Adjusted EBITDA Driven by Digital Shift and Growth Accelerators
Read the full callEvery analysed call
Remitly earnings calls (RELY)
Financials
What the filings say
Net profit, year on year: +3050% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 337 | 352 | 362 | 412 | 419 | 442 | 453 | 495 |
| Expenses | 336 | 356 | 349 | 397 | 408 | 403 | 399 | 428 |
| Operating profit | 0 | -4 | 12 | 15 | 12 | 39 | 54 | 67 |
| Operating margin | 0.1% | −1.1% | 3.4% | 3.6% | 2.8% | 8.8% | 11.9% | 13.5% |
| Interest | 1 | 1 | 1 | 2 | 2 | 3 | 2 | 3 |
| Profit before tax | 4 | -5 | 15 | 8 | 12 | 36 | 52 | 65 |
| Tax rate | 49.1% | −11.5% | 24.0% | 19.4% | 28.9% | −14.0% | 5.8% | −218.5% |
| Net profit | 2 | -6 | 11 | 7 | 9 | 41 | 49 | 206 |
| EPS ($ per share) | 0.01 | — | 0.06 | 0.03 | 0.04 | — | 0.23 | 0.98 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -221 | -259 | -373 | -491 | -528 | -460 |
| Total liabilities | — | 187 | 145 | 216 | 507 | 347 | 590 |
| Fixed assets | — | 10 | 9 | 12 | 16 | 32 | 62 |
| Total assets | — | 363 | 626 | 696 | 1,036 | 1,013 | 1,459 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | 8 | -114 | -18 | -109 | 67 | 112 | 325 |
| Cash from investing | -7 | -4 | -5 | -7 | -50 | -20 | -70 |
| Cash from financing | 117 | 122 | 238 | 15 | 6 | -42 | -90 |
| Net cash flow | 119 | 5 | 215 | -103 | 24 | 45 | 174 |
| Capital expenditure | -5 | -2 | -2 | -4 | -3 | -6 | -29 |
| Free cash flow | 3 | -116 | -20 | -112 | 64 | 106 | 296 |
RELY revenue by segment
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|
| Reportable | 100% | 100% | 100% | 100% | 100% | 100% | +20.2% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
RELY operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Payments volume | $22.1BUnpacking revenue growth drivers for Q1, Send volume grew 37% to $22.1 billion.Source: earnings call transcript | $23.5BUnpacking revenue growth drivers for Q2, send volume grew 27% to $23.5 billion.Source: earnings call transcript | +6.3% |
| Send volume per active customer | <$2,300Supporting this strong volume growth, Send volume per active customer increased to nearly $2,300 or 14% year-over-year growth, a record on both an absolute and percentage growth basis.Source: earnings call transcript | $2,300Send volume per active customer reached a record $2,300, up 6% year-over-year, driven by growth in high-value senders and business customers as well as higher average transaction sizes among core senders.Source: earnings call transcript | — |
| Active accounts | 9.6M+Quarterly active customers grew 20% year-over-year to over 9.6 million, ahead of our expectations.Source: earnings call transcript | 10.2MQuarterly active customers grew 20% year-over-year to 10.2 million.Source: earnings call transcript | — |
| Take rate | 2.05%Our take rate this quarter was 2.05%, in line with expectations.Source: earnings call transcript | 2.11%Our take rate this quarter was 2.11%.Source: earnings call transcript | +0.1 pt |
| Active accounts Remitly business | 20K+We ended Q1 with over 20,000 Remitly business users and more than 30% quarter-over-quarter growth in business Send volume.Source: earnings call transcript | 25K+We ended Q2 with over 25,000 Remitly business users and saw a sequential acceleration in quarter-over-quarter growth for both volume and revenue.Source: earnings call transcript | — |
| Marketing spend per active customer | $8.56Marketing spend per active customer was $8.56, up 0.7% year-over-year, in line with our expectations.Source: earnings call transcript | $9.46Marketing spend per active customer was $9.46, up 0.9% year-over-year and in line with our expectations.Source: earnings call transcript | +10.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- US 68% ↑ 3 pt
- Rest Of World 23% ↓ 1 pt
- CA 9% ↓ 2 pt
As RELY cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
157 filings between Oct 16, 2025 and Oct 7, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$234.41M
73 sales by 11 insiders
77% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 20
- Award — granted as compensation
- 39
- Option exercise — converted options into shares
- 24
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| NASPERS LTD | — | $191.76M | Mar 12, 2026 |
| Hug Joshua | — | $24.35M | Oct 7, 2026 |
| Riese Phillip John | — | $8.81M | Aug 12, 2026 |
| MORRIS NIGEL W | — | $2.35M | Sep 2, 2026 |
| Sharma Pankaj | — | $1.75M | Aug 28, 2026 |
| Mehta Vikas D | — | $1.62M | Aug 25, 2026 |
| Somalya Saema | — | $1.55M | Apr 27, 2026 |
| Sinha Ankur | — | $1.50M | May 26, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 7, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $126.9K |
| Oct 6, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $127.5K |
| Sep 9, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $133.7K |
| Sep 8, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $137.7K |
| Sep 2, 2026 | MORRIS NIGEL W Director | Sale | 6,300 | $170.3K |
| Aug 28, 2026 | Sharma Pankaj Chief Business Officer | Sale 10b5-1 plan | 21,000 | $554.2K |
| Aug 25, 2026 | Gunningham Sebastian J Chief Executive Officer | Tax withheld | 22,809 | $606.5K |
| Aug 25, 2026 | Mehta Vikas D Chief Financial Officer | Sale 10b5-1 plan | 25,000 | $653.8K |
| Aug 25, 2026 | Sharma Pankaj Chief Business Officer | Tax withheld | 15,788 | $419.8K |
| Aug 25, 2026 | Mehta Vikas D Chief Financial Officer | Tax withheld 10b5-1 plan | 19,269 | $512.4K |
| Aug 24, 2026 | MORRIS NIGEL W Director | Sale | 16,751 | $444.9K |
| Aug 18, 2026 | MORRIS NIGEL W Director | Sale | 3,249 | $86.2K |
| Aug 17, 2026 | MORRIS NIGEL W Director | Sale | 20,000 | $525.2K |
| Aug 14, 2026 | MORRIS NIGEL W Director | Sale | 20,000 | $524.0K |
| Aug 13, 2026 | MORRIS NIGEL W Director | Sale | 11,000 | $281.5K |
| Aug 12, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $131.1K |
| Aug 12, 2026 | Riese Phillip John Director | Option exercise | 69,818 | $44.7K |
| Aug 12, 2026 | Riese Phillip John Director | Sale | 29,818 | $702.2K |
| Aug 12, 2026 | Riese Phillip John Director | Sale | 40,000 | $941.6K |
| Aug 11, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $130.1K |
| Aug 11, 2026 | Riese Phillip John Director | Sale | 50,000 | $1.19M |
| Aug 11, 2026 | Riese Phillip John Director | Sale | 50,000 | $1.18M |
| Aug 11, 2026 | Riese Phillip John Director | Option exercise | 100,000 | $64.0K |
| Aug 7, 2026 | Riese Phillip John Director | Option exercise | 270,182 | $172.9K |
| Aug 7, 2026 | MORRIS NIGEL W Director | Sale | 8,938 | $227.3K |
| Aug 7, 2026 | Riese Phillip John Director | Sale | 160,182 | $3.99M |
| Jul 17, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $132.6K |
| Jul 16, 2026 | Sharma Pankaj Chief Business Officer | Sale 10b5-1 plan | 15,000 | $375.4K |
| Jul 16, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 5,500 | $139.6K |
| Jul 16, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 362,000 | $9.12M |
| Jul 15, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 314,768 | $7.85M |
| Jun 30, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 16,800 | $378.5K |
| Jun 29, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 16,800 | $385.9K |
| Jun 17, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 9,533 | $197.9K |
| Jun 17, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 6,500 | $134.9K |
| Jun 16, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 2,000 | $40.2K |
| Jun 16, 2026 | Hug Joshua Director | Sale 10b5-1 plan | 6,500 | $130.7K |
| Jun 10, 2026 | MORRIS NIGEL W Director | Award | 30,556 | $0 |
| Jun 10, 2026 | Riese Phillip John Director | Option exercise | 9,533 | — |
| Jun 10, 2026 | Le Moal Laurent Director | Award | 2,943 | $0 |
| Jun 10, 2026 | MORRIS NIGEL W Director | Award | 2,800 | $0 |
| Jun 10, 2026 | CAMPBELL PHYLLIS J Director | Award | 3,666 | $0 |
| Jun 10, 2026 | Le Moal Laurent Director | Award | 30,556 | $0 |
| Jun 10, 2026 | Messinger Adam Director | Award | 3,477 | $0 |
| Jun 10, 2026 | Hug Joshua Director | Award | 2,546 | $0 |
| Jun 10, 2026 | Oppenheimer Matthew B. Director | Award | 10,185 | $0 |
| Jun 10, 2026 | Smyth Margaret Mary Director | Award | 3,055 | $0 |
| Jun 10, 2026 | Chung Bora Director | Award | 30,556 | $0 |
| Jun 10, 2026 | Chung Bora Director | Award | 3,452 | $0 |
| Jun 10, 2026 | Blignaut Ryno Director | Award | 3,819 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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