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Remitly Global, Inc. RELY Business Segments — Net Income

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Other financials

Income statement

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Revenue$495.2M+20.2%
Operating income$66.7M+355%
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:NetIncomeLoss.

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
Other expense, net(370)(6,940)(1,251)(4,719)
Income before (benefit from) provision for income taxes64,6448,114116,71923,056
(Benefit from) provision for income taxes(141,264)1,578(138,242)5,168
Net income$205,908$6,536$254,961$17,888
Net income per share attributable to common stockholders:
Basic$0.98$0.03$1.21$0.09
Diluted$0.93$0.03$1.16$0.08
Weighted-average shares used in computing net income per share attributable to common stockholders:

Item 1. Financial Statements (Unaudited)

FAQ

What is Remitly Global, Inc.'s business segments — net income?
Remitly Global, Inc. (RELY) reported business segments — net income of $205.91M in Q2 2026.
How has Remitly Global, Inc.'s business segments — net income changed year-over-year?
Remitly Global, Inc.'s business segments — net income increased by 3050.4% year-over-year, from $6.54M to $205.91M.
What is the long-term trend for Remitly Global, Inc.'s business segments — net income?
Over 3 years (2022 to 2025), Remitly Global, Inc.'s business segments — net income has grown at a -15.9% compound annual growth rate (CAGR), from -$114.02M to $67.93M.
What does business segments — net income mean?
This metric measures the total profit generated by a specific reportable business segment after accounting for all directly attributable revenues, operating expenses, and allocated costs. It serves as a primary indicator of the segment's standalone financial health and its contribution to the overall profitability of the enterprise. By analyzing this figure, stakeholders can evaluate the operational efficiency and competitive performance of distinct business lines or geographic markets.

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