Remitly Global (RELY) EBIT (2020 - 2026)
Remitly Global (RELY) posted quarterly EBIT of $53.7 million for Q1 2026, up 339.3% year-over-year from $12.2 million in Q1 2025, and up 38.45% quarter-over-quarter from $38.8 million in Q4 2025.
Remitly Global (RELY) EBIT (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported EBIT for 7 consecutive years, with $53.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT rose 339.3% year-over-year to $53.7 million; the TTM figure through Mar 2026 stood at $119.0 million (up 1824.28% YoY), while the FY2025 annual figure was $77.5 million, up 298.2% from the prior year.
- EBIT advanced to $53.7 million in Q1 2026 per RELY's latest filing, from $38.8 million in the prior quarter.
- Across five years, EBIT topped out at $53.7 million in Q1 2026 and bottomed at -$39.4 million in Q2 2022.
- Historically, EBIT has averaged -$8.4 million across 5 years, with a median of -$18.2 million in 2023.
- Annual changes were most pronounced in 2022 — EBIT plunged 1925.57% — and 2025, when it surged 3100.27%.
- Remitly Global's EBIT stood at -$22.9 million in 2022, then sank by 35.56% to -$31.0 million in 2023, then soared by 87.94% to -$3.7 million in 2024, then jumped by 1138.11% to $38.8 million in 2025, then jumped by 38.45% to $53.7 million in 2026.
- Business Quant data shows RELY's EBIT at $53.7 million in Q1 2026, $38.8 million in Q4 2025, and $11.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Remitly Global | 5.36 Bn | 4.68 Bn | 333.98 Mn | 66.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 66.68 Mn |
| Mar 31, 2026 | 53.74 Mn |
| Dec 31, 2025 | 38.82 Mn |
| Sep 30, 2025 | 11.78 Mn |
| Jun 30, 2025 | 14.64 Mn |
| Mar 31, 2025 | 12.23 Mn |
| Dec 31, 2024 | -3.74 Mn |
| Sep 30, 2024 | 368,000.00 |
| Jun 30, 2024 | -15.76 Mn |
| Mar 31, 2024 | -19.95 Mn |
| Dec 31, 2023 | -31.00 Mn |
| Sep 30, 2023 | -36.90 Mn |
| Jun 30, 2023 | -18.22 Mn |
| Mar 31, 2023 | -28.07 Mn |
| Dec 31, 2022 | -22.87 Mn |
| Sep 30, 2022 | -35.62 Mn |
| Jun 30, 2022 | -39.38 Mn |
| Mar 31, 2022 | -23.17 Mn |
| Dec 31, 2021 | -16.54 Mn |
| Sep 30, 2021 | -12.67 Mn |