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Remitly Global, Inc. RELY R&D

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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

Reported directly by Remitly Global, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?
Remitly Global, Inc. (RELY) reported R&D of $79.6M in Q1 2026.
How has Remitly Global, Inc.'s R&D changed year-over-year?
Remitly Global, Inc.'s R&D increased by 7.8% year-over-year, from $73.85M to $79.6M.
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.