What is Remitly Global, Inc.'s market cap?

Remitly Global, Inc. (RELY) has a market capitalization of $4.8B and trades on NASDAQ.

What is Remitly Global, Inc.'s revenue and profitability?

Remitly Global, Inc. generated $1.7B in trailing twelve-month revenue with net income of $105.6M, representing a net margin of 6.1%, with free cash flow of $301.4M. These figures are based on the Q1 2026 filing.

Who are Remitly Global, Inc.'s competitors?

Remitly Global, Inc.'s key competitors include Intermex, Western Union, Euronet Worldwide Inc, and others. These companies compete in similar markets and product categories.

Who does Remitly Global, Inc. partner with?

Remitly Global, Inc.'s notable partners include FXC Intelligence, Visa, Mastercard.

Where is Remitly Global, Inc. headquartered?

Remitly Global, Inc. is headquartered in United States of America and employs approximately 2,700 people. It has been publicly traded since 2021.

Remitly Global, Inc.

RELY

Remitly is a leading provider of digital-first financial services specializing in cross-border money movement.

Market cap

$4.77B+37.8%

Revenue$1.7B+27.3%

Net income$105.6M+2,424%

Free cash flow$301.4M+20.8%

EPS (diluted)$0.49+1,733%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 6, 2026

Revenue$452.8MBeat by $13.9M EPS$0.23Beat by $0.11

Read the full report

Next report

Aug 5, 2026 (In 1 week)

Revenue estimate$485.9M

EPS estimate$0.13

Financials

Q1 2026

Income statement

See full

Revenue$452.8M+25.2%

Operating income$53.7M+339%

Net income$49.1M+332%

EPS (diluted)$0.23+360%

Balance sheet

See full

Cash & equivalents$650.7M+31.3%

Total debt$39.3M+85.0%

Total equity$907.4M+25.4%

Total assets$1.4B+25.9%

Cash flow

See full

Operating cash flow$81.9M+1.4%

CapEx$6.0M-43.6%

Free cash flow$75.9M+8.2%

Valuation & ratios

Valuation

See full

Market cap$4.77B+37.8%

Enterprise value$4.16B+37.6%

P/E45.2×-204×

P/S2.8×+0.4×

Profitability

See full

Operating margin6.9%+6.4pp

Net margin6.1%+5.8pp

FCF margin17.5%—

Returns & leverage

See full

Return on equity13%+12.3pp

Debt / equity0×0.0×

Current ratio2.8×+0.1×

Segments

By segment

See full

Reportable segment$452.8M+25.2%

Competitors

By market cap

Enova International$6.3B+140%

Remitly Global, Inc.$4.8B+36.0%

Euronet Worldwide$3.0B-33.4%

Western Union$2.6B-8.5%

Payoneer Global Inc.$2.4B-0.9%

IDT Corporation$1.6B+13.0%

International Money Express$386.4M+35.4%

CUR

Currency Group Inc.$371.7M+126%

By revenue growth

Remitly Global, Inc.+27.3%

Enova International+17.7%

Euronet Worldwide+7.2%

Payoneer Global Inc.+7.2%

IDT Corporation+4.2%

Western Union-2.3%

International Money Express-10.3%

By net margin

Western Union10.88%-11.2pp

Enova International10.31%+1.6pp

Euronet Worldwide7.11%-0.8pp

Payoneer Global Inc.6.76%-4.6pp

IDT Corporation6.58%-1.3pp

Remitly Global, Inc.6.12%+6.5pp

International Money Express4.34%-4.0pp

Profile

Remitly is a leading provider of digital-first financial services specializing in cross-border money movement. The company leverages a global proprietary network to offer fast, reliable, and affordable international transfers, primarily serving immigrant communities and businesses. Its core value proposition centers on replacing traditional, agent-based physical remittance models with a secure mobile-centric platform.

Competitive position

A leading digital-first disruptor in the global remittance market, utilizing scale and a proprietary disbursement network to compete with legacy money transfer operators.

GeographiesGlobal, North America, Europe, Asia-Pacific, Latin America

Customer segmentsImmigrants, Expatriates, Small and Medium Businesses, Retail Consumers

Business modelTransaction-based, Digital Platform, B2C, B2B

SuppliersBanking partners, Payment processors, Cloud infrastructure providers, Foreign exchange liquidity providers

CustomersIndividual remitters, Small business owners, International family recipients

CountryUnited States of America

Listed2021

Employees2.7K

CEOSebastian J. Gunningham

SectorTechnology

IndustrySoftware - Infrastructure

Websiteremitly.com

FilingsSEC EDGAR

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Questions, answered.

What is Remitly Global, Inc.'s market cap?: Remitly Global, Inc. (RELY) has a market capitalization of $4.8B and trades on NASDAQ.
What is Remitly Global, Inc.'s revenue and profitability?: Remitly Global, Inc. generated $1.7B in trailing twelve-month revenue with net income of $105.6M, representing a net margin of 6.1%, with free cash flow of $301.4M. These figures are based on the Q1 2026 filing.
Who are Remitly Global, Inc.'s competitors?: Remitly Global, Inc.'s key competitors include Intermex, Western Union, Euronet Worldwide Inc, and others. These companies compete in similar markets and product categories.
Who does Remitly Global, Inc. partner with?: Remitly Global, Inc.'s notable partners include FXC Intelligence, Visa, Mastercard.
Where is Remitly Global, Inc. headquartered?: Remitly Global, Inc. is headquartered in United States of America and employs approximately 2,700 people. It has been publicly traded since 2021.