Remitly Global (RELY) Gross Margin (2020 - 2026)

Remitly Global (RELY) has 7 years of Gross Margin data on file, last reported at 67.99% in Q1 2026.

• On a quarterly basis, Gross Margin fell 2584.0% year-over-year to 67.99% in Q1 2026; TTM through Mar 2026 was 54.14%, a 5123.0% decrease from a year earlier, with the FY2025 full-year figure at 66.4%, down 2706.0% from the prior year.
• Gross Margin for Q1 2026 stood at 67.99%, up from 7.79% in the prior quarter.
• Over the last five years, Gross Margin for RELY reached as high as 165.49% in Q4 2024 and fell as low as 9.91% in Q4 2022.
• Historically, Gross Margin has averaged 74.44% across 5 years, with a median of 89.28% in 2022.
• Across the five-year window, Gross Margin surged 9915 bps in 2024 and sank 17328 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 9.91% in 2022, then jumped by 770 bps to 66.34% in 2023, then surged by 149 bps to 165.49% in 2024, then sank by 105 bps to 7.79% in 2025, then jumped by 973 bps to 67.99% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 67.99% in Q1 2026, 7.79% in Q4 2025, and 93.71% in Q3 2025.