Remitly Global (RELY) Gross Profit (2020 - 2026)
Remitly Global (RELY) reported Gross Profit of $426.0 million for Q1 2026, up 77.33% year-over-year from $240.2 million in Q1 2025, and up 39.87% quarter-over-quarter from $304.6 million in Q4 2025.
Remitly Global (RELY) Gross Profit (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has 7 years of Gross Profit data on file, last reported at $426.0 million in Q1 2026.
- Gross Profit for Q1 2026 came in at $426.0 million, up 77.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 41.9% YoY), and the FY2025 annual result was $1.1 billion, up 30.43% from the prior year.
- Gross Profit improved to $426.0 million in Q1 2026 per RELY's latest filing, from $304.6 million in the prior quarter.
- Over five years, Gross Profit peaked at $426.0 million in Q1 2026 and troughed at -$18.9 million in Q4 2022.
- A 5-year average of $210.2 million and a median of $183.9 million in 2023 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit tumbled 115.49% in 2022, then jumped 1027.94% in 2023.
- 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.
- Business Quant data shows RELY's Gross Profit at $426.0 million in Q1 2026, $304.6 million in Q4 2025, and $393.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn |
| 10 | Remitly Global | 3.88 Bn | 3.23 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 |