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Remitly Global, Inc. RELY Quick ratio

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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

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

quick assets/total current liabilities=2.8×

Based on the most recent quarter.

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 quick ratio?
Remitly Global, Inc. (RELY) reported quick ratio of 2.8× in Q1 2026.
How has Remitly Global, Inc.'s quick ratio changed year-over-year?
Remitly Global, Inc.'s quick ratio increased by 2.2% year-over-year, from 2.8× to 2.8×.
What is the long-term trend for Remitly Global, Inc.'s quick ratio?
Over 5 years (2020 to 2025), Remitly Global, Inc.'s quick ratio has grown at a 11.7% compound annual growth rate (CAGR), from 1.9× to 3.3×.
What does quick ratio mean?
Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.