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Payoneer Global Inc. logo
Payoneer Global Inc.PAYO
$46.97M+25.6%

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:ResearchAndDevelopmentExpense.

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
Transaction expenses(1)161,174143,756306,114265,149
Customer support and operations(1)26,63925,07453,45047,647
Marketing(1)104,38884,976190,750158,325
Technology and development(1)74,04977,496153,652151,347
General and administrative(1)55,91859,581111,065112,410
Depreciation and amortization6,3076,32612,50611,722
Total costs and expenses428,475397,209827,537746,600
Income from operations66,68114,643120,42126,876

Item 1. Financial Statements (Unaudited)

FAQ

What is Remitly Global, Inc.'s R&D?
Remitly Global, Inc. (RELY) reported R&D of $74.05M in Q2 2026.
How has Remitly Global, Inc.'s R&D changed year-over-year?
Remitly Global, Inc.'s R&D decreased by 4.4% year-over-year, from $77.5M to $74.05M.
What is the long-term trend for Remitly Global, Inc.'s R&D?
Over 4 years (2021 to 2025), Remitly Global, Inc.'s R&D has grown at a 48.8% compound annual growth rate (CAGR), from $64.09M to $313.91M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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