Remitly Global (RELY) EBITDA Margin (2020 - 2026)
Remitly Global (RELY) recorded EBITDA Margin of 15.85% in Q2 2026, up 10.76 percentage points from 5.09% a year earlier and up 0.86 percentage points from the prior quarter.
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Analysis
Remitly Global (RELY) EBITDA Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Remitly Global's EBITDA Margin came in at 11.94% as of Jun 30, 2026, up 8.77 percentage points year-over-year; for FY2025, it was 7.60%, up 9.39 percentage points from FY2024.
- Annual EBITDA Margin has increased for three straight years, with a five-year change of +17.37 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -1.79% in FY2024 (+8.85 pp), -10.64% in FY2023 (+6.85 pp), -17.49% in FY2022 (-9.98 pp) and -7.52% in FY2021 (+2.26 pp).
- The Q2 2026 figure is the highest quarterly EBITDA Margin in data going back to Q3 2020.
- On a year-over-year basis, EBITDA Margin has increased for 15 consecutive quarters, with an average year-over-year change of +10.08 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 17.66 percentage points in Q2 2023, against a drop of 23.52 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.99% (Q1 2026), 13.61% (Q4 2025) and 2.28% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 655.82 Bn | 599.14 Bn | - | 62.27% |
| 2 | Mastercard | 494.77 Bn | 454.69 Bn | - | 70.99% |
| 3 | Wise | 14.20 Bn | -73.58 Bn | - | - |
| 4 | Remitly Global | 4.63 Bn | 2.29 Bn | 307.34 Mn | 15.85% |
| 5 | Western Union | 1.91 Bn | -2.10 Bn | 336.50 Mn | 23.49% |
| 6 | International Money Express | 351.86 Mn | -268.28 Mn | - | 10.33% |
| 7 | Currenc | 191.18 Mn | -35.74 Mn | 3.70 Mn | -40.67% |
| 8 | Sentage Holdings | 4.83 Mn | 4.83 Mn | - | - |
| 9 | American Express | 206.73 Bn | -1.45 Bn | - | 33.19% |
| 10 | Capital One Financial | 120.55 Bn | 120.55 Bn | - | 59.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.85% |
| Mar 31, 2026 | 14.99% |
| Dec 31, 2025 | 13.61% |
| Sep 30, 2025 | 2.28% |
| Jun 30, 2025 | 5.09% |
| Mar 31, 2025 | 5.56% |
| Dec 31, 2024 | 0.06% |
| Sep 30, 2024 | 1.49% |
| Jun 30, 2024 | -3.87% |
| Mar 31, 2024 | -6.05% |
| Dec 31, 2023 | -10.18% |
| Sep 30, 2023 | -13.86% |
| Jun 30, 2023 | -6.42% |
| Mar 31, 2023 | -12.28% |
| Dec 31, 2022 | -11.00% |
| Sep 30, 2022 | -19.95% |
| Jun 30, 2022 | -24.08% |
| Mar 31, 2022 | -15.92% |
| Dec 31, 2021 | -11.22% |
| Sep 30, 2021 | -9.36% |
API Access
Remitly Global EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();