Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026)

Remitly Global (RELY) posted quarterly Interest Coverage Ratio of 22.05 for Q1 2026, up 134.16% YoY from 9.42 in Q1 2025, and up 44.7% sequentially from 15.24 in Q4 2025.

Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026) Analysis & Trends

Remitly Global has disclosed Interest Coverage Ratio across 7 years of filings, most recently posting 22.05 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 134.16% year-over-year to 22.05; the TTM figure through Mar 2026 stood at 13.6 (up 843.11% YoY), while the FY2025 annual figure was 10.18, up 184.39% from the prior year.
  • Interest Coverage Ratio climbed to 22.05 in Q1 2026, from 15.24 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for RELY reached as high as 22.05 in Q1 2026 and fell as low as 118.61 in Q2 2022.
  • The 5-year median for Interest Coverage Ratio is 25.95 (2024), against an average of 33.25.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 1590.01% — and 2025, when it jumped 1049.44%.
  • A 5-year view of Interest Coverage Ratio shows it stood at 69.93 in 2022, then jumped by 43.6% to 39.44 in 2023, then soared by 90.2% to 3.87 in 2024, then soared by 494.13% to 15.24 in 2025, then jumped by 44.7% to 22.05 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 22.05, 15.24, and 5.57 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 49.35
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 4.26
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.83
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 138.10
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -24.19
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.25
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Remitly Global 4.84 Bn 4.19 Bn 425.99 Mn 22.05

Historic Data

Download Data
DateValue
Mar 31, 2026 22.05
Dec 31, 2025 15.24
Sep 30, 2025 5.57
Jun 30, 2025 8.87
Mar 31, 2025 9.42
Dec 31, 2024 -3.87
Sep 30, 2024 0.48
Jun 30, 2024 -21.16
Mar 31, 2024 -25.95
Dec 31, 2023 -39.44
Sep 30, 2023 -63.08
Jun 30, 2023 -30.78
Mar 31, 2023 -72.15
Dec 31, 2022 -69.93
Sep 30, 2022 -107.93
Jun 30, 2022 -118.61
Mar 31, 2022 -74.04
Dec 31, 2021 -79.51
Sep 30, 2021 -24.74
Jun 30, 2021 -7.02