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

Remitly Global (RELY) posted quarterly Gross Profit of $426.0 million for Q1 2026, up 77.33% YoY from $240.2 million in Q1 2025, and up 39.87% sequentially from $304.6 million in Q4 2025.

Remitly Global (RELY) Gross Profit (2020 - 2026) Analysis & Trends

Remitly Global has disclosed Gross Profit across 7 years of filings, most recently posting $426.0 million for Q1 2026.

  • In Q1 2026, Gross Profit rose 77.33% year-over-year to $426.0 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 41.9% YoY), while the FY2025 annual figure was $1.1 billion, up 30.43% from the prior year.
  • Gross Profit grew to $426.0 million in Q1 2026, from $304.6 million in the prior quarter.
  • Over the last five years, Gross Profit for RELY reached as high as $426.0 million in Q1 2026 and fell as low as -$18.9 million in Q4 2022.
  • The 5-year median for Gross Profit is $183.9 million (2023), against an average of $210.2 million.
  • Annual changes were most pronounced in 2022 — Gross Profit sank 115.49% — and 2023, when it jumped 1027.94%.
  • A 5-year view of Gross Profit shows it stood at -$18.9 million in 2022, then jumped by 1027.94% to $175.6 million in 2023, then jumped by 32.95% to $233.5 million in 2024, then surged by 30.43% to $304.6 million in 2025, then surged by 39.87% to $426.0 million in 2026.
  • According to Business Quant data, Gross Profit over the past three periods registered $426.0 million, $304.6 million, and $393.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Remitly Global 4.84 Bn 4.19 Bn 425.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 425.99 Mn
Mar 31, 2026 425.99 Mn
Dec 31, 2025 304.57 Mn
Dec 31, 2025 304.57 Mn
Sep 30, 2025 393.56 Mn
Sep 30, 2025 393.56 Mn
Jun 30, 2025 268.10 Mn
Jun 30, 2025 268.10 Mn
Mar 31, 2025 240.23 Mn
Mar 31, 2025 240.23 Mn
Dec 31, 2024 233.51 Mn
Dec 31, 2024 233.51 Mn
Sep 30, 2024 220.97 Mn
Sep 30, 2024 220.97 Mn
Jun 30, 2024 286.42 Mn
Jun 30, 2024 286.42 Mn
Mar 31, 2024 179.24 Mn
Mar 31, 2024 179.24 Mn
Dec 31, 2023 175.64 Mn
Dec 31, 2023 175.64 Mn