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Remitly Global, Inc. RELY Operating margin

Operating margin at other companies

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23.6%+1.2pp

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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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

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

Based on trailing twelve months.

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 operating margin?
Remitly Global, Inc. (RELY) reported operating margin of 6.9% in Q1 2026.
How has Remitly Global, Inc.'s operating margin changed year-over-year?
Remitly Global, Inc.'s operating margin increased by 1454.8% year-over-year, from -0.5% to 6.9%.
What is the long-term trend for Remitly Global, Inc.'s operating margin?
Over 4 years (2021 to 2025), Remitly Global, Inc.'s operating margin has grown at a -14.0% compound annual growth rate (CAGR), from -8.7% to 4.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.