Growth Metrics

Remitly Global (RELY) Gross Margin: 2020-2025

Historic Gross Margin for Remitly Global (RELY) over the last 5 years, with Sep 2025 value amounting to 65.02%.

  • Remitly Global's Gross Margin fell 64.00% to 65.02% in Q3 2025 from the same period last year, while for Sep 2025 it was 65.68%, marking a year-over-year decrease of 14.00%. This contributed to the annual value of 65.85% for FY2024, which is 71.00% up from last year.
  • Remitly Global's Gross Margin amounted to 65.02% in Q3 2025, which was down 0.11% from 65.10% recorded in Q2 2025.
  • Over the past 5 years, Remitly Global's Gross Margin peaked at 66.60% during Q1 2024, and registered a low of 54.85% during Q1 2021.
  • For the 3-year period, Remitly Global's Gross Margin averaged around 65.48%, with its median value being 65.66% (2024).
  • Its Gross Margin has fluctuated over the past 5 years, first tumbled by 205bps in 2022, then skyrocketed by 580bps in 2023.
  • Over the past 5 years, Remitly Global's Gross Margin (Quarterly) stood at 58.28% in 2021, then skyrocketed by 410bps to 62.38% in 2022, then skyrocketed by 396bps to 66.34% in 2023, then climbed by 2bps to 66.36% in 2024, then plummeted by 64bps to 65.02% in 2025.
  • Its Gross Margin stands at 65.02% for Q3 2025, versus 65.10% for Q2 2025 and 66.43% for Q1 2025.