Remitly Global, Inc. RELY Transaction expenses — Cost of revenue
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Where this comes from
Reported directly by Remitly Global, Inc. in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.
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 transaction expenses — cost of revenue?
- Remitly Global, Inc. (RELY) reported transaction expenses — cost of revenue of $144.94M in Q1 2026.
- How has Remitly Global, Inc.'s transaction expenses — cost of revenue changed year-over-year?
- Remitly Global, Inc.'s transaction expenses — cost of revenue increased by 19.4% year-over-year, from $121.39M to $144.94M.
- What is the long-term trend for Remitly Global, Inc.'s transaction expenses — cost of revenue?
- Over 4 years (2021 to 2025), Remitly Global, Inc.'s transaction expenses — cost of revenue has grown at a 30.1% compound annual growth rate (CAGR), from $191.61M to $549.48M.
- What does transaction expenses — cost of revenue mean?
- This metric represents the direct costs incurred to facilitate cross-border money transfers, including payment processing fees, bank network charges, and other variable costs associated with moving funds. It serves as a primary indicator of the variable cost structure required to support transaction volume and revenue generation. Monitoring this expense relative to total revenue helps assess the efficiency of the company's payment infrastructure and the impact of transaction mix on gross margins.