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Remitly Global, Inc. RELY Accrued Expenses

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Other financials

Income statement

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Revenue$495.2M+20.2%
Operating income$66.7M+355%
Net income$205.9M+3,050%
EPS (diluted)$0.93+3,000%

Balance sheet

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Cash & equivalents$678.1M+31.0%
Total debt$38.3M+18.2%
Total equity$1.1B+47.3%
Total assets$1.6B+34.4%

Cash flow

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Operating cash flow$134.6M+146%
CapEx$1.2M-85.0%
Free cash flow$133.4M+185%

Valuation

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Market cap$4.87B+24.4%
Enterprise value$4.23B+23.3%
P/E16×-262×
P/S2.7×0.0×

Profitability

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Operating margin9.5%+7.8pp
Net margin16.9%+15.9pp
FCF margin21.4%

Returns & leverage

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Return on equity32.2%+30.1pp
Debt / equity0.0×
Current ratio3.2×+0.3×

Where this comes from

Reported directly by Remitly Global, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Remitly Global, Inc.’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053424
(in thousands)June 30, 2026December 31, 2025
Trade settlement liability(1)$46,643$34,884
Accrued transaction expense28,75134,673
Accrued marketing expense21,72717,307
Accrued salary, benefits, and related taxes15,66912,996
Reserve for transaction losses5,9615,440
Other accrued expenses39,32136,648
Accrued expenses & other current liabilities$158,072$141,948

Item 1. Financial Statements (Unaudited)

FAQ

What is Remitly Global, Inc.'s accrued expenses?
Remitly Global, Inc. (RELY) reported accrued expenses of $15.67M in Q2 2026.
How has Remitly Global, Inc.'s accrued expenses changed year-over-year?
Remitly Global, Inc.'s accrued expenses decreased by 8.9% year-over-year, from $17.19M to $15.67M.
What is the long-term trend for Remitly Global, Inc.'s accrued expenses?
Over 5 years (2020 to 2025), Remitly Global, Inc.'s accrued expenses has grown at a -20.0% compound annual growth rate (CAGR), from $39.74M to $13M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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