Remitly Global RELY
NASDAQ RELY
$24.82 -1.35 (-5.16%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Remitly Global's (RELY) quarterly Cost of Revenue came in at $161.2 million in Q2 2026, up 12.12% year-over-year from $143.8 million in Q2 2025, and up 11.2% quarter-over-quarter from $144.9 million in Q1 2026.

Analysis

Remitly Global (RELY) Cost of Revenue (2020 - 2026) Analysis & Trends

Remitly Global (RELY) has reported Cost of Revenue for 7 consecutive years, with $161.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 12.12% year-over-year to $161.2 million in Q2 2026; TTM through Jun 2026 was $590.4 million, a 18.3% increase from a year earlier, with the FY2025 full-year figure at $549.5 million, up 27.31% from the prior year.
  • Cost of Revenue was $161.2 million for Q2 2026 at Remitly Global, up from $144.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $161.2 million in Q2 2026 and troughed at $56.3 million in Q1 2022.
  • A 5-year average of $104.2 million and a median of $98.8 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 46.91% in 2022 and gained 12.12% in 2026, its largest moves.
  • Over 5 years, Cost of Revenue stood at $71.9 million in 2022, then advanced by 24.01% to $89.1 million in 2023, then soared by 32.85% to $118.4 million in 2024, then advanced by 16.23% to $137.6 million in 2025, then climbed by 17.13% to $161.2 million in 2026.
  • The last three Cost of Revenue figures came in at $161.2 million (Q2 2026), $144.9 million (Q1 2026), and $137.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Wise 12.70 Bn 12.70 Bn - -
2 Remitly Global 5.24 Bn 4.56 Bn 333.98 Mn 161.17 Mn
3 Western Union 2.20 Bn 1.28 Bn 336.50 Mn 676.70 Mn
4 International Money Express 433.73 Mn 283.10 Mn - -
5 Currenc 223.76 Mn 145.13 Mn 3.70 Mn 4.95 Mn
6 Sentage Holdings 4.77 Mn 4.77 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 161.17 Mn
Mar 31, 2026 144.94 Mn
Dec 31, 2025 137.61 Mn
Sep 30, 2025 146.73 Mn
Jun 30, 2025 143.76 Mn
Mar 31, 2025 121.39 Mn
Dec 31, 2024 118.39 Mn
Sep 30, 2024 115.55 Mn
Jun 30, 2024 107.78 Mn
Mar 31, 2024 89.88 Mn
Dec 31, 2023 89.12 Mn
Sep 30, 2023 85.74 Mn
Jun 30, 2023 80.19 Mn
Mar 31, 2023 74.07 Mn
Dec 31, 2022 71.87 Mn
Sep 30, 2022 69.87 Mn
Jun 30, 2022 60.83 Mn
Mar 31, 2022 56.26 Mn
Dec 31, 2021 56.43 Mn
Sep 30, 2021 47.56 Mn