Remitly Global (RELY) Gross Profit (2020 - 2026)
Remitly Global (RELY) posted Gross Profit of $307.34 million for Q2 2026, up 26.5% from $243.02 million a year earlier and up 9.4% from the prior quarter.
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Analysis
Remitly Global (RELY) Gross Profit (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Profit at Remitly Global was $1.11 billion, up 27.6% year-over-year; for FY2025, it was $984.44 million, up 31.5% from FY2024.
- Annual Gross Profit has increased for six consecutive years, with a five-year compound annual growth rate of 52.1% (FY2020 to FY2025).
- In prior years, Remitly Global's Gross Profit was $748.44 million in FY2024 (+40.5%), $532.65 million in FY2023 (+63.1%), $326.63 million in FY2022 (+47.5%) and $221.47 million in FY2021 (+82.9%).
- The Q2 2026 figure stands as the highest quarterly Gross Profit in data going back to Q3 2020.
- On a year-over-year basis, Gross Profit has increased in each of the last 20 quarters, with growth averaging 33.4% over the last eight quarters.
- The year-over-year growth in Gross Profit has ranged between 23.7% (Q3 2025) and 81.5% (Q4 2021) over the last five years.
- According to Business Quant data, Gross Profit for the three prior quarters was $281.05 million (Q1 2026), $277.38 million (Q4 2025) and $246.38 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Visa | 640.99 Bn | 584.31 Bn | - |
| 2 | Mastercard | 480.27 Bn | 440.19 Bn | - |
| 3 | Wise | 14.06 Bn | -73.72 Bn | - |
| 4 | Remitly Global | 4.52 Bn | 2.17 Bn | 307.34 Mn |
| 5 | Western Union | 1.84 Bn | -2.17 Bn | 336.50 Mn |
| 6 | International Money Express | 349.75 Mn | -270.40 Mn | - |
| 7 | Currenc | 189.34 Mn | -37.59 Mn | 3.70 Mn |
| 8 | Sentage Holdings | 4.71 Mn | 4.71 Mn | - |
| 9 | American Express | 205.34 Bn | -2.83 Bn | - |
| 10 | Capital One Financial | 118.54 Bn | 118.54 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 307.34 Mn |
| Mar 31, 2026 | 281.05 Mn |
| Dec 31, 2025 | 277.38 Mn |
| Sep 30, 2025 | 246.38 Mn |
| Jun 30, 2025 | 243.02 Mn |
| Mar 31, 2025 | 217.66 Mn |
| Dec 31, 2024 | 211.50 Mn |
| Sep 30, 2024 | 199.18 Mn |
| Jun 30, 2024 | 178.64 Mn |
| Mar 31, 2024 | 159.12 Mn |
| Dec 31, 2023 | 155.72 Mn |
| Sep 30, 2023 | 134.70 Mn |
| Jun 30, 2023 | 132.36 Mn |
| Mar 31, 2023 | 109.87 Mn |
| Dec 31, 2022 | 99.93 Mn |
| Sep 30, 2022 | 81.25 Mn |
| Jun 30, 2022 | 79.57 Mn |
| Mar 31, 2022 | 65.88 Mn |
| Dec 31, 2021 | 65.73 Mn |
| Sep 30, 2021 | 61.68 Mn |
API Access
Remitly Global Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=RELY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "RELY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=RELY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();