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Remitly Global, Inc. RELY Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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$708K+237%

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 us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Remitly Global, Inc. (RELY) reported increase (decrease) in prepaid expense and other assets of $12.72M in Q1 2026.
How has Remitly Global, Inc.'s increase (decrease) in prepaid expense and other assets changed year-over-year?
Remitly Global, Inc.'s increase (decrease) in prepaid expense and other assets increased by 102.9% year-over-year, from $6.27M to $12.72M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.