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
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