Remitly Global (RELY) Cost of Revenue (2020 - 2026)

Remitly Global (RELY) has 7 years of Cost of Revenue data on file, last reported at $26.8 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $26.8 million, down 77.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $334.1 million (down 10.99% YoY), and the FY2025 annual result was $549.5 million, up 27.31% from the prior year.
• Cost of Revenue eased to $26.8 million in Q1 2026 per RELY's latest filing, from $137.6 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $210.0 million in Q4 2022 and troughed at $16.9 million in Q2 2022.
• A 5-year average of $80.9 million and a median of $85.7 million in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2026: Cost of Revenue jumped 1503.97% in 2022, then slumped 77.91% in 2026.
• A 5-year view of Cost of Revenue shows it stood at $210.0 million in 2022, then plunged by 57.55% to $89.1 million in 2023, then jumped by 32.85% to $118.4 million in 2024, then climbed by 16.23% to $137.6 million in 2025, then plunged by 80.52% to $26.8 million in 2026.
• Business Quant data shows RELY's Cost of Revenue at $26.8 million in Q1 2026, $137.6 million in Q4 2025, and $25.9 million in Q3 2025.