Remitly Global (RELY) Gross Profit (2020 - 2026)
Remitly Global (RELY) posted quarterly Gross Profit of $307.9 million for Q1 2026, down 9.27% year-over-year from $339.3 million in Q1 2025, and up 994.06% quarter-over-quarter from -$34.4 million in Q4 2025.
Remitly Global (RELY) Gross Profit (2020 - 2026) Analysis & Trends
Remitly Global (RELY) has reported Gross Profit for 7 consecutive years, with $307.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Profit fell 9.27% year-over-year to $307.9 million; the TTM figure through Mar 2026 stood at $934.6 million (down 34.61% YoY), while the FY2025 annual figure was $1.1 billion, down 8.09% from the prior year.
- Gross Profit improved to $307.9 million in Q1 2026 per RELY's latest filing, from -$34.4 million in the prior quarter.
- Across five years, Gross Profit topped out at $582.4 million in Q4 2024 and bottomed at -$34.4 million in Q4 2025.
- Historically, Gross Profit has averaged $218.0 million across 5 years, with a median of $220.4 million in 2023.
- Annual changes were most pronounced in 2022 — Gross Profit tumbled 115.49% — and 2023, when it jumped 1027.94%.
- Remitly Global's Gross Profit stood at -$18.9 million in 2022, then surged by 1027.94% to $175.6 million in 2023, then surged by 231.56% to $582.4 million in 2024, then sank by 105.91% to -$34.4 million in 2025, then soared by 994.06% to $307.9 million in 2026.
- Business Quant data shows RELY's Gross Profit at $307.9 million in Q1 2026, -$34.4 million in Q4 2025, and $393.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Remitly Global | 5.36 Bn | 4.68 Bn | 333.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 333.98 Mn |
| Jun 30, 2026 | 333.98 Mn |
| Mar 31, 2026 | 307.86 Mn |
| Mar 31, 2026 | 307.86 Mn |
| Dec 31, 2025 | -34.43 Mn |
| Dec 31, 2025 | -34.43 Mn |
| Sep 30, 2025 | 393.11 Mn |
| Sep 30, 2025 | 393.11 Mn |
| Jun 30, 2025 | 268.10 Mn |
| Jun 30, 2025 | 268.10 Mn |
| Mar 31, 2025 | 339.31 Mn |
| Mar 31, 2025 | 339.31 Mn |
| Dec 31, 2024 | 582.35 Mn |
| Dec 31, 2024 | 582.35 Mn |
| Sep 30, 2024 | 220.97 Mn |
| Sep 30, 2024 | 220.97 Mn |
| Jun 30, 2024 | 286.68 Mn |
| Jun 30, 2024 | 286.68 Mn |
| Mar 31, 2024 | 249.35 Mn |
| Mar 31, 2024 | 249.35 Mn |