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| Date | Value |
|---|---|
| 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 |