Symbols / RELY $20.94 +0.67% Remitly Global, Inc.

Technology • Software - Infrastructure • United States • NMS
RELY Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

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.

Fundamentals
Scroll to Statements
Market Cap 4.41B Enterprise Value 4.03B Income 67.93M Sales 1.64B Book/sh 4.12 Cash/sh 2.58
Dividend Yield — Payout 0.00% Employees 3200 IPO — P/E 67.55 Forward P/E 13.69
PEG — P/S 2.70 P/B 5.08 P/C — EV/EBITDA 44.28 EV/Sales 2.46
Quick Ratio 2.13 Current Ratio 3.30 Debt/Eq 22.11 LT Debt/Eq — EPS (ttm) 0.31 EPS next Y 1.53
EPS Growth — Revenue Growth 25.70% Earnings 2026-05-06 ROA 3.92% ROE 8.85% ROIC —
Gross Margin 60.20% Oper. Margin 8.78% Profit Margin 4.16% Shs Outstand 210.65M Shs Float 185.50M Short Float 3.81%
Short Ratio 1.90 Short Interest — 52W High 24.70 52W Low 12.08 Beta 0.09 Avg Volume 3.88M
Volume 3.37M Target Price $21.78 Recom Strong_buy Prev Close $20.80 Price $20.94 Change 0.67%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$21.78
Mean price target
2. Current target
$20.94
Latest analyst target
3. DCF / Fair value
$0.52
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.94
Low
$20.00
High
$28.00
Mean
$21.78

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-21 main Keybanc Overweight → Overweight $23
2026-04-21 main Cantor Fitzgerald Overweight → Overweight $24
2026-02-23 main Cantor Fitzgerald Overweight → Overweight $20
2026-02-19 main Goldman Sachs Buy → Buy $20
2026-02-19 main Citizens Market Outperform → Market Outperform $22
2026-01-27 init Cantor Fitzgerald — → Overweight $17
2026-01-20 main JP Morgan Overweight → Overweight $22
2025-11-06 main JP Morgan Overweight → Overweight $23
2025-10-13 main Goldman Sachs Buy → Buy $21
2025-09-15 main JMP Securities Market Outperform → Market Outperform $23
2025-09-09 up Wolfe Research Peer Perform → Outperform $25
2025-08-07 main Keybanc Overweight → Overweight $28
2025-05-12 main Barclays Overweight → Overweight $27
2025-05-08 main Keybanc Overweight → Overweight $27
2025-05-08 main Goldman Sachs Buy → Buy $26
2025-04-23 main Keybanc Overweight → Overweight $24
2025-04-10 reit JMP Securities Market Outperform → Market Outperform $32
2025-04-02 main Goldman Sachs Buy → Buy $26
2025-02-24 main Barclays Overweight → Overweight $29
2025-02-20 main JP Morgan Overweight → Overweight $30
News
RSS: Latest RELY news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-17 RIESE PHILLIP JOHN Director — 40,000 $20.04 $801,600
2026-04-17 RIESE PHILLIP JOHN Director — 40,000 $0.64 $25,600
2026-04-17 SHARMA PANKAJ Officer — 10,000 $20.00 $200,000
2026-04-17 SHARMA PANKAJ Officer — 10,000 $1.70 $17,000
2026-04-15 SOMALYA SAEMA Officer — 35,976 $18.00 $650,185
2026-04-15 HUG JOSHUA DAVID Director — 24,000 $17.76 $434,695
2026-04-06 CAMPBELL PHYLLIS J Director — 6,585 — —
2026-04-06 HUG JOSHUA DAVID Director — 1,430 $15.99 $22,866
2026-04-01 SHARMA PANKAJ Officer — 10,000 $15.26 $152,600
2026-04-01 SHARMA PANKAJ Officer — 10,000 $1.70 $17,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,635.15
+29.37%
1,263.96
+33.85%
944.28
+44.48%
653.56
Operating Revenue
1,635.15
+29.37%
1,263.96
+33.85%
944.28
+44.48%
653.56
Cost Of Revenue
650.71
+26.22%
515.52
+25.24%
411.63
+25.91%
326.93
Reconciled Cost Of Revenue
628.98
+21.64%
517.10
+25.80%
411.06
+25.73%
326.93
Gross Profit
984.44
+31.53%
748.44
+40.51%
532.65
+63.08%
326.63
Operating Expense
906.97
+15.17%
787.53
+21.75%
646.85
+44.49%
447.66
Research And Development
313.91
+16.34%
269.82
+22.68%
219.94
+58.55%
138.72
Selling General And Administration
568.03
+13.68%
499.66
+20.75%
413.79
+36.92%
302.22
Selling And Marketing Expense
342.90
+12.87%
303.80
+29.60%
234.42
+37.11%
170.97
General And Administrative Expense
225.13
+14.95%
195.86
+9.19%
179.37
+36.66%
131.25
Other Gand A
225.13
+14.95%
195.86
+9.19%
179.37
+36.66%
131.25
Total Expenses
1,557.68
+19.54%
1,303.05
+23.11%
1,058.48
+36.65%
774.60
Operating Income
77.47
+298.20%
-39.09
+65.77%
-114.19
+5.65%
-121.04
Total Operating Income As Reported
77.47
+298.20%
-39.09
+65.77%
-114.19
+5.65%
-121.04
EBITDA
126.00
+1506.89%
-8.96
+90.66%
-95.89
+8.63%
-104.95
Normalized EBITDA
126.00
+1506.89%
-8.96
+90.66%
-95.89
+8.63%
-104.95
Reconciled Depreciation
46.76
+183.86%
16.47
+20.28%
13.70
+103.67%
6.72
EBIT
79.24
+393.37%
-27.01
+75.35%
-109.59
+1.87%
-111.67
Net Income
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Pretax Income
71.63
+336.78%
-30.25
+72.98%
-111.94
+0.92%
-112.98
Net Non Operating Interest Income Expense
0.09
-98.20%
4.84
-5.08%
5.09
+78.96%
2.85
Interest Expense Non Operating
7.61
+134.87%
3.24
+37.80%
2.35
+80.65%
1.30
Net Interest Income
0.09
-98.20%
4.84
-5.08%
5.09
+78.96%
2.85
Interest Expense
7.61
+134.87%
3.24
+37.80%
2.35
+80.65%
1.30
Interest Income Non Operating
7.70
-4.68%
8.08
+8.46%
7.45
+79.49%
4.15
Interest Income
7.70
-4.68%
8.08
+8.46%
7.45
+79.49%
4.15
Other Income Expense
-5.93
-248.21%
4.00
+240.91%
-2.84
-154.44%
5.21
Other Non Operating Income Expenses
-5.93
-248.21%
4.00
+240.91%
-2.84
-154.44%
5.21
Tax Provision
3.69
-45.07%
6.73
+13.98%
5.90
+465.87%
1.04
Tax Rate For Calcs
0.00
-75.43%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Net Income From Continuing Operation Net Minority Interest
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Net Income From Continuing And Discontinued Operation
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Net Income Continuous Operations
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Normalized Income
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Net Income Common Stockholders
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Diluted EPS
0.31
+263.16%
-0.19
+70.77%
-0.65
+4.41%
-0.68
Basic EPS
0.33
+273.68%
-0.19
+70.77%
-0.65
+4.41%
-0.68
Basic Average Shares
205.83
+5.75%
194.65
+7.65%
180.82
+7.77%
167.77
Diluted Average Shares
217.57
+11.78%
194.65
+7.65%
180.82
+7.77%
167.77
Diluted NI Availto Com Stockholders
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Depreciation Amortization Depletion Income Statement
25.03
+38.66%
18.05
+37.63%
13.12
+95.09%
6.72
Depreciation And Amortization In Income Statement
25.03
+38.66%
18.05
+37.63%
13.12
+95.09%
6.72
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,458.71
+44.02%
1,012.87
-2.26%
1,036.31
+48.90%
695.95
Current Assets
1,315.95
+46.62%
897.51
-3.71%
932.12
+39.24%
669.42
Cash Cash Equivalents And Short Term Investments
542.43
+47.36%
368.10
+13.71%
323.71
+7.68%
300.63
Cash And Cash Equivalents
542.43
+47.36%
368.10
+13.71%
323.71
+7.68%
300.63
Receivables
306.41
+46.68%
208.89
-47.49%
397.83
+107.85%
191.40
Accounts Receivable
286.45
+47.68%
193.97
-48.88%
379.42
+98.23%
191.40
Other Receivables
14.76
+26.36%
11.68
-25.14%
15.60
-91.85%
191.40
Taxes Receivable
5.20
+60.06%
3.25
+15.54%
2.81
—
Loans Receivable
—
—
1.52
—
Prepaid Assets
458.56
+47.23%
311.46
+51.00%
206.27
+30.50%
158.06
Restricted Cash
—
0.66
-14.99%
0.77
—
Other Current Assets
8.55
-5.66%
9.06
+156.21%
3.54
-81.70%
19.33
Total Non Current Assets
142.76
+23.76%
115.36
+10.72%
104.19
+292.66%
26.53
Net PPE
73.97
+65.98%
44.57
+74.54%
25.54
+26.28%
20.22
Gross PPE
118.91
+48.06%
80.31
+54.55%
51.97
+34.14%
38.74
Accumulated Depreciation
-44.94
-25.71%
-35.75
-35.25%
-26.43
-42.73%
-18.52
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
—
13.00
+36.50%
9.53
+9.80%
8.68
Machinery Furniture Equipment
76.13
+49.51%
50.92
+48.20%
34.36
+54.05%
22.30
Construction In Progress
0.73
-90.47%
7.67
0.00
-100.00%
0.72
Other Properties
12.45
-4.23%
13.00
+36.50%
9.53
+9.80%
8.68
Leases
29.60
+239.42%
8.72
+7.92%
8.08
+14.84%
7.04
Goodwill And Other Intangible Assets
57.06
-12.75%
65.40
-8.63%
71.58
0.00
Goodwill
54.94
+0.00%
54.94
+0.00%
54.94
0.00
Other Intangible Assets
2.12
-79.69%
10.46
-37.13%
16.64
—
Other Non Current Assets
11.72
+117.68%
5.39
-23.83%
7.07
+12.01%
6.31
Total Liabilities Net Minority Interest
589.92
+69.81%
347.40
-31.48%
506.97
+134.85%
215.87
Current Liabilities
399.05
+21.29%
329.01
-10.31%
366.84
+75.40%
209.14
Payables And Accrued Expenses
124.97
+36.98%
91.24
-10.54%
101.99
+62.94%
62.59
Payables
38.22
+73.37%
22.05
-50.24%
44.31
+193.79%
15.08
Accounts Payable
28.45
+76.06%
16.16
-53.90%
35.05
+415.91%
6.79
Current Accrued Expenses
86.75
+25.38%
69.19
+19.96%
57.68
+21.40%
47.51
Pensionand Other Post Retirement Benefit Plans Current
5.10
+26.12%
4.04
+13.41%
3.56
+85.10%
1.93
Total Tax Payable
9.77
+65.96%
5.89
-36.41%
9.26
+11.72%
8.29
Current Debt And Capital Lease Obligation
8.99
+24.59%
7.21
-15.27%
8.51
+141.78%
3.52
Current Debt
2.82
+14.30%
2.47
-0.52%
2.48
—
Other Current Borrowings
2.82
+14.30%
2.47
-0.52%
2.48
—
Current Capital Lease Obligation
6.17
+29.95%
4.75
-21.34%
6.03
+71.31%
3.52
Other Current Liabilities
254.55
+14.18%
222.93
-10.62%
249.41
+81.60%
137.34
Total Non Current Liabilities Net Minority Interest
190.87
+937.80%
18.39
-86.88%
140.13
+1984.03%
6.72
Long Term Debt And Capital Lease Obligation
183.13
+1918.46%
9.07
-93.25%
134.48
+2270.06%
5.67
Long Term Debt
155.00
—
130.00
—
Long Term Capital Lease Obligation
28.14
+210.10%
9.07
+102.66%
4.48
-21.10%
5.67
Other Non Current Liabilities
7.74
-16.98%
9.32
+64.85%
5.65
+438.38%
1.05
Stockholders Equity
868.79
+30.55%
665.47
+25.72%
529.34
+10.26%
480.09
Common Stock Equity
868.79
+30.55%
665.47
+25.72%
529.34
+10.26%
480.09
Capital Stock
0.02
+5.00%
0.02
+5.26%
0.02
+11.76%
0.02
Common Stock
0.02
+5.00%
0.02
+5.26%
0.02
+11.76%
0.02
Preferred Stock
—
—
—
—
Share Issued
210.63
+5.03%
200.53
+6.42%
188.44
+8.76%
173.25
Ordinary Shares Number
210.63
+5.03%
200.53
+6.42%
188.44
+8.76%
173.25
Additional Paid In Capital
1,325.52
+10.89%
1,195.39
+17.16%
1,020.29
+19.43%
854.28
Retained Earnings
-460.35
+12.86%
-528.28
-7.53%
-491.30
-31.55%
-373.46
Gains Losses Not Affecting Retained Earnings
3.60
+316.89%
-1.66
-594.93%
0.34
+145.09%
-0.74
Other Equity Adjustments
3.60
+316.89%
-1.66
-594.93%
0.34
+145.09%
-0.74
Total Equity Gross Minority Interest
868.79
+30.55%
665.47
+25.72%
529.34
+10.26%
480.09
Total Capitalization
1,023.79
+53.84%
665.47
+0.93%
659.34
+37.34%
480.09
Working Capital
916.90
+61.28%
568.51
+0.57%
565.28
+22.81%
460.28
Invested Capital
1,026.61
+53.70%
667.94
+0.92%
661.82
+37.85%
480.09
Total Debt
192.12
+1079.68%
16.29
-88.61%
142.99
+1455.08%
9.20
Capital Lease Obligations
34.30
+148.23%
13.82
+31.49%
10.51
+14.29%
9.20
Net Tangible Assets
811.72
+35.27%
600.07
+31.09%
457.75
-4.65%
480.09
Tangible Book Value
811.72
+35.27%
600.07
+31.09%
457.75
-4.65%
480.09
Current Provisions
5.44
+51.74%
3.58
+6.73%
3.36
-10.71%
3.76
Interest Payable
2.34
+379.92%
0.49
—
—
Line Of Credit
—
2.47
-0.52%
2.48
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
325.08
+191.30%
111.60
+67.04%
66.81
+161.48%
-108.66
Cash Flow From Continuing Operating Activities
325.08
+191.30%
111.60
+67.04%
66.81
+161.48%
-108.66
Net Income From Continuing Operations
67.93
+283.71%
-36.98
+68.62%
-117.84
-3.35%
-114.02
Depreciation Amortization Depletion
46.76
+183.86%
16.47
+20.28%
13.70
+103.67%
6.72
Depreciation
46.76
+183.86%
16.47
—
—
Amortization Cash Flow
—
6.20
—
—
Depreciation And Amortization
46.76
+183.86%
16.47
+20.28%
13.70
+103.67%
6.72
Amortization Of Intangibles
—
6.20
—
—
Other Non Cash Items
3.34
+28.95%
2.59
-43.76%
4.60
+97.59%
2.33
Stock Based Compensation
155.11
+1.96%
152.14
+11.08%
136.97
+43.73%
95.29
Change In Working Capital
51.94
+329.58%
-22.62
-176.99%
29.38
+129.69%
-98.98
Change In Receivables
—
186.36
+201.60%
-183.42
-44.49%
-126.94
Changes In Account Receivables
—
186.36
+201.60%
-183.42
-44.49%
-126.94
Change In Prepaid Assets
-2.48
+79.74%
-12.22
+6.22%
-13.04
-183.49%
-4.60
Change In Payables And Accrued Expense
33.90
+431.07%
-10.24
-124.40%
41.97
+48.20%
28.32
Change In Accrued Expense
23.84
+125.25%
10.58
-26.54%
14.41
-36.76%
22.78
Change In Payable
10.06
+148.30%
-20.82
-175.56%
27.56
+397.90%
5.54
Change In Account Payable
10.06
+148.30%
-20.82
-175.56%
27.56
+397.90%
5.54
Change In Other Working Capital
—
—
—
42.98
Change In Other Current Assets
5.47
-8.59%
5.98
+15.33%
5.19
+114.96%
-34.66
Change In Other Current Liabilities
15.05
+345.07%
-6.14
-29.75%
-4.73
-112.17%
38.91
Investing Cash Flow
-69.93
-251.67%
-19.89
+60.26%
-50.04
-584.59%
-7.31
Cash Flow From Continuing Investing Activities
-69.93
-251.67%
-19.89
+60.26%
-50.04
-584.59%
-7.31
Net PPE Purchase And Sale
-29.43
-390.68%
-6.00
-109.94%
-2.86
+22.34%
-3.68
Purchase Of PPE
-29.43
-390.68%
-6.00
-109.94%
-2.86
+22.34%
-3.68
Capital Expenditure
-41.82
-136.24%
-17.70
-94.44%
-9.10
-28.93%
-7.06
Capital Expenditure Reported
-12.39
-5.85%
-11.70
-87.35%
-6.25
-84.71%
-3.38
Net Business Purchase And Sale
0.00
0.00
+100.00%
-40.93
-16405.24%
-0.25
Purchase Of Business
0.00
0.00
+100.00%
-40.93
-16405.24%
-0.25
Net Intangibles Purchase And Sale
—
—
—
—
Purchase Of Intangibles
—
—
—
—
Net Other Investing Changes
-28.11
-1187.27%
-2.18
—
—
Financing Cash Flow
-89.78
-111.91%
-42.37
-777.44%
6.25
-57.13%
14.59
Cash Flow From Continuing Financing Activities
-89.78
-111.91%
-42.37
-777.44%
6.25
-57.13%
14.59
Net Issuance Payments Of Debt
155.00
+219.23%
-130.00
-215.11%
112.93
+29509.38%
-0.38
Issuance Of Debt
6,811.00
+368.75%
1,453.00
+90.18%
764.00
0.00
Repayment Of Debt
-6,656.00
-320.47%
-1,583.00
-143.14%
-651.07
-169448.96%
-0.38
Long Term Debt Issuance
6,811.00
+368.75%
1,453.00
+90.18%
764.00
0.00
Long Term Debt Payments
-6,656.00
-320.47%
-1,583.00
-143.14%
-651.07
-169448.96%
-0.38
Net Long Term Debt Issuance
155.00
+219.23%
-130.00
-215.11%
112.93
+29509.38%
-0.38
Short Term Debt Issuance
—
—
764.00
0.00
Short Term Debt Payments
—
—
-634.00
0.00
Net Short Term Debt Issuance
—
—
130.00
0.00
Net Common Stock Issuance
-23.89
0.00
0.00
0.00
Common Stock Payments
-23.89
0.00
0.00
—
Repurchase Of Capital Stock
-23.89
0.00
0.00
—
Proceeds From Stock Option Exercised
17.81
-1.33%
18.05
-11.61%
20.42
+35.50%
15.07
Net Other Financing Charges
-238.69
-443.03%
69.58
+154.75%
-127.10
-128281.82%
-0.10
Changes In Cash
165.37
+235.14%
49.34
+114.32%
23.02
+122.71%
-101.38
Effect Of Exchange Rate Changes
9.11
+300.09%
-4.55
-458.10%
1.27
+205.91%
-1.20
Beginning Cash Position
369.82
+13.78%
325.03
+8.08%
300.73
-25.43%
403.31
End Cash Position
544.30
+47.18%
369.82
+13.78%
325.03
+8.08%
300.73
Free Cash Flow
283.26
+201.68%
93.89
+62.72%
57.70
+149.86%
-115.72
Interest Paid Supplemental Data
5.48
+114.74%
2.55
+54.33%
1.65
+82.45%
0.91
Income Tax Paid Supplemental Data
—
3.16
-40.45%
5.30
+132.47%
2.28
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Payments
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category