Growth Metrics

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

Remitly Global (RELY) has 7 years of Gross Margin data on record, last reported at 94.08% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 2765.0% to 94.08% in Q1 2026 year-over-year; TTM through Mar 2026 was 80.65%, a 832.0% increase, with the full-year FY2025 number at 66.4%, up 54.0% from a year prior.
  • Gross Margin reached 94.08% in Q1 2026 per RELY's latest filing, up from 68.88% in the prior quarter.
  • Over the last five years, Gross Margin for RELY hit a ceiling of 94.08% in Q1 2026 and a floor of 9.91% in Q4 2022.
  • A 5-year average of 70.26% and a median of 66.43% in 2025 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: crashed -10023bps in 2022, then soared 7625bps in 2023.
  • Tracing RELY's Gross Margin over 5 years: stood at 9.91% in 2022, then skyrocketed by 770bps to 66.34% in 2023, then increased by 0bps to 66.36% in 2024, then rose by 4bps to 68.88% in 2025, then soared by 37bps to 94.08% in 2026.
  • Business Quant data shows Gross Margin for RELY at 94.08% in Q1 2026, 68.88% in Q4 2025, and 93.82% in Q3 2025.