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Remitly Global, Inc. RELY Net change in customer funds assets and liabilities

Net change in customer funds assets and liabilities at other companies

Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$43M-14.0%
Columbia Banking Systems logo
Columbia Banking SystemsCOLB
-$722M-245%
Principal Financial Group logo
Principal Financial GroupPFG
$260.1M+294%
Northern Trust logo
Northern TrustNTRS
-$2.53B-135%
American Express logo
American ExpressAXP
$5.38B-22.9%
Synchrony Financial logo
Synchrony FinancialSYF
$1.75B+27.6%

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%

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×
Current ratio2.8×+0.1×

Where this comes from

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

Tagged under the XBRL concept rely:NetChangeInCustomerFundsAssetsAndLiabilities.

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 net change in customer funds assets and liabilities?
Remitly Global, Inc. (RELY) reported net change in customer funds assets and liabilities of -$230.8M in Q1 2026.
How has Remitly Global, Inc.'s net change in customer funds assets and liabilities changed year-over-year?
Remitly Global, Inc.'s net change in customer funds assets and liabilities decreased by 342.8% year-over-year, from -$52.12M to -$230.8M.
What does net change in customer funds assets and liabilities mean?
This metric measures the net movement in cash held on behalf of customers, representing the difference between customer deposits and the corresponding obligations to pay those funds out. For financial services companies, this is a critical indicator of the volume of customer activity and the company's role as a custodian of client capital. Significant fluctuations can indicate changes in transaction volume or shifts in customer behavior regarding fund retention.