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Remitly Global, Inc. RELY Operating Income

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Other financials

Income statement

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Revenue$495.2M+20.2%
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$5.46B+62.6%
Enterprise value$4.82B+67.8%
P/E17.9×-221×
P/S+0.7×

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:OperatingIncomeLoss.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative(1)55,91859,581111,065112,410
Depreciation and amortization6,3076,32612,50611,722
Total costs and expenses428,475397,209827,537746,600
Income from operations66,68114,643120,42126,876
Interest income1,4852,0613,1383,848
Interest expense(3,152)(1,650)(5,589)(2,949)
Other expense, net(370)(6,940)(1,251)(4,719)
Income before (benefit from) provision for income taxes64,6448,114116,71923,056

Item 1. Financial Statements (Unaudited)

FAQ

What is Remitly Global, Inc.'s operating income?
Remitly Global, Inc. (RELY) reported operating income of $66.68M in Q2 2026.
How has Remitly Global, Inc.'s operating income changed year-over-year?
Remitly Global, Inc.'s operating income increased by 355.4% year-over-year, from $14.64M to $66.68M.
What is the long-term trend for Remitly Global, Inc.'s operating income?
Over 4 years (2021 to 2025), Remitly Global, Inc.'s operating income has grown at a 18.2% compound annual growth rate (CAGR), from -$39.72M to $77.47M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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