What is Remitly Global, Inc.'s prepaid expenses?

Remitly Global, Inc. (RELY) reported prepaid expenses of $23.51M in Q1 2026.

How has Remitly Global, Inc.'s prepaid expenses changed year-over-year?

Remitly Global, Inc.'s prepaid expenses decreased by 6.6% year-over-year, from $25.16M to $23.51M.

What is the long-term trend for Remitly Global, Inc.'s prepaid expenses?

Over 2 years (2023 to 2025), Remitly Global, Inc.'s prepaid expenses has grown at a 39.1% compound annual growth rate (CAGR), from $8.9M to $17.23M.

Remitly Global, Inc. RELY Prepaid expenses

Prepaid expenses at other companies

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$28.04M+11.3%

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$372M+5.7%

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$135.7M+21.9%

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$80.32M+38.5%

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$407M-16.1%

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 / equity0×0.0×

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:PrepaidExpenseCurrent.

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 prepaid expenses?: Remitly Global, Inc. (RELY) reported prepaid expenses of $23.51M in Q1 2026.
How has Remitly Global, Inc.'s prepaid expenses changed year-over-year?: Remitly Global, Inc.'s prepaid expenses decreased by 6.6% year-over-year, from $25.16M to $23.51M.
What is the long-term trend for Remitly Global, Inc.'s prepaid expenses?: Over 2 years (2023 to 2025), Remitly Global, Inc.'s prepaid expenses has grown at a 39.1% compound annual growth rate (CAGR), from $8.9M to $17.23M.