What is Remitly Global, Inc.'s EV / EBITDA?

Remitly Global, Inc. (RELY) reported EV / EBITDA of 18.6× in Q1 2026.

How has Remitly Global, Inc.'s EV / EBITDA changed year-over-year?

Remitly Global, Inc.'s EV / EBITDA decreased by 93.5% year-over-year, from 287.3× to 18.6×.

What does EV / EBITDA mean?

Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.

Remitly Global, Inc. RELY EV / EBITDA

EV / EBITDA at other companies

Enova InternationalENVA

10×+0.7×

Other financials

Income statement

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Revenue$452.8M+25.2%

Operating income$53.7M+339%

Net income$49.1M+332%

EPS (diluted)$0.23+360%

Balance sheet

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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

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Operating cash flow$81.9M+1.4%

CapEx$6.0M-43.6%

Free cash flow$75.9M+8.2%

Valuation

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Market cap$4.44B-20.9%

Enterprise value$3.83B-27.3%

P/E42.1×—

P/S2.6×-1.6×

Profitability

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Operating margin6.9%+6.4pp

Net margin6.1%+5.8pp

FCF margin17.5%—

Returns & leverage

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Return on equity13%+12.3pp

Debt / equity0×0.0×

Current ratio2.8×+0.1×

Where this comes from

Calculated from Remitly Global, Inc.’s reported figures.

enterprise value/ebitda=18.6×

Based on the most recent quarter.

The official record: Remitly Global, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Remitly Global, Inc.'s EV / EBITDA?: Remitly Global, Inc. (RELY) reported EV / EBITDA of 18.6× in Q1 2026.
How has Remitly Global, Inc.'s EV / EBITDA changed year-over-year?: Remitly Global, Inc.'s EV / EBITDA decreased by 93.5% year-over-year, from 287.3× to 18.6×.
What does EV / EBITDA mean?: Enterprise value (market cap plus total debt minus cash) at the quarter end divided by trailing-twelve-month EBITDA. A capital-structure-neutral valuation multiple.