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| Date | Value |
|---|---|
| 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 |