Remitly Global (RELY) Gross Profit (2020 - 2026)

Remitly Global's (RELY) quarterly Gross Profit came in at $307.9 million in Q1 2026, down 9.27% year-on-year from $339.3 million in Q1 2025, and up 994.06% on a QoQ basis from -$34.4 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 $307.9 million in Q1 2026.

  • On a quarterly basis, Gross Profit fell 9.27% year-over-year to $307.9 million in Q1 2026; TTM through Mar 2026 was $934.6 million, a 34.61% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 8.09% from the prior year.
  • Gross Profit for Q1 2026 stood at $307.9 million, up from -$34.4 million in the prior quarter.
  • Over the last five years, Gross Profit for RELY reached as high as $582.4 million in Q4 2024 and fell as low as -$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.
  • Across the five-year window, Gross Profit sank 115.49% in 2022 and surged 1027.94% in 2023, its largest moves.
  • Year by year, Gross Profit stood at -$18.9 million in 2022, then jumped by 1027.94% to $175.6 million in 2023, then jumped by 231.56% to $582.4 million in 2024, then sank by 105.91% to -$34.4 million in 2025, then surged by 994.06% to $307.9 million in 2026.
  • Per Business Quant data, the three most recent Gross Profit figures were $307.9 million in Q1 2026, -$34.4 million in Q4 2025, and $393.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn
3 Oracle 344.13 Bn 312.24 Bn -
4 Repay Holdings 342.29 Bn 342.15 Bn -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn
10 Remitly Global 4.89 Bn 4.24 Bn 307.86 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 175.64 Mn
Dec 31, 2023 175.64 Mn