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

Remitly Global has disclosed Cost of Revenue across 7 years of filings, most recently posting $26.8 million for Q1 2026.

• In Q1 2026, Cost of Revenue fell 77.91% year-over-year to $26.8 million; the TTM figure through Mar 2026 stood at $334.1 million (down 10.99% YoY), while the FY2025 annual figure was $549.5 million, up 27.31% from the prior year.
• Cost of Revenue fell to $26.8 million in Q1 2026, from $137.6 million in the prior quarter.
• Over the last five years, Cost of Revenue for RELY reached as high as $210.0 million in Q4 2022 and fell as low as $16.9 million in Q2 2022.
• The 5-year median for Cost of Revenue is $85.7 million (2023), against an average of $80.9 million.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 1503.97% — and 2026, when it plunged 77.91%.
• A 5-year view of Cost of Revenue shows it stood at $210.0 million in 2022, then slumped 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 slumped by 80.52% to $26.8 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $26.8 million, $137.6 million, and $25.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.