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Remitly Global (RELY) Cost of Revenue: 2019-2024

Historic Cost of Revenue for Remitly Global (RELY) over the last 6 years, with Dec 2024 value amounting to $431.6 million.

  • Remitly Global's Cost of Revenue rose 26.98% to $146.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $530.3 million, marking a year-over-year increase of 31.80%. This contributed to the annual value of $431.6 million for FY2024, which is 31.14% up from last year.
  • Per Remitly Global's latest filing, its Cost of Revenue stood at $431.6 million for FY2024, which was up 31.14% from $329.1 million recorded in FY2023.
  • Remitly Global's Cost of Revenue's 5-year high stood at $431.6 million during FY2024, with a 5-year trough of $110.4 million in FY2020.
  • Over the past 3 years, Remitly Global's median Cost of Revenue value was $329.1 million (recorded in 2023), while the average stood at $339.8 million.
  • Data for Remitly Global's Cost of Revenue shows a peak YoY skyrocketed of 97.67% (in 2020) over the last 5 years.
  • Over the past 5 years, Remitly Global's Cost of Revenue (Yearly) stood at $110.4 million in 2020, then skyrocketed by 73.53% to $191.6 million in 2021, then soared by 35.08% to $258.8 million in 2022, then climbed by 27.16% to $329.1 million in 2023, then surged by 31.14% to $431.6 million in 2024.