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

Remitly Global's (RELY) quarterly Interest Coverage Ratio came in at 1.23 in Q1 2026, down 86.96% year-on-year from 9.42 in Q1 2025, and down 91.94% on a QoQ basis from 15.24 in Q4 2025.

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

Remitly Global (RELY) has 7 years of Interest Coverage Ratio data on file, last reported at 1.23 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 86.96% year-over-year to 1.23 in Q1 2026; TTM through Mar 2026 was 2.72, a 262.5% increase from a year earlier, with the FY2025 full-year figure at 2.11, up 1180.99% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 1.23, down from 15.24 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for RELY reached as high as 15.24 in Q4 2025 and fell as low as 39.44 in Q4 2023.
  • Historically, Interest Coverage Ratio has averaged 3.54 across 5 years, with a median of 0.16 in 2023.
  • Across the five-year window, Interest Coverage Ratio plunged 21102.44% in 2024 and surged 1049.44% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 6.05 in 2022, then slumped by 552.3% to 39.44 in 2023, then surged by 92.81% to 2.83 in 2024, then soared by 637.6% to 15.24 in 2025, then plunged by 91.94% to 1.23 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.23 in Q1 2026, 15.24 in Q4 2025, and 5.57 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 0.45
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -2.84
3 Oracle 344.13 Bn 312.24 Bn - 2.15
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 0.04
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 2.54
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 1.38
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 138.10
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -1.74
10 Remitly Global 4.89 Bn 4.24 Bn 307.86 Mn 1.23

Historic Data

Download Data
DateValue
Mar 31, 2026 1.23
Dec 31, 2025 15.24
Sep 30, 2025 5.57
Jun 30, 2025 4.72
Mar 31, 2025 9.42
Dec 31, 2024 -2.83
Sep 30, 2024 0.48
Jun 30, 2024 -21.16
Mar 31, 2024 -25.95
Dec 31, 2023 -39.44
Sep 30, 2023 -0.15
Jun 30, 2023 -0.10
Mar 31, 2023 -0.16
Dec 31, 2022 -6.05
Sep 30, 2022 -0.27
Jun 30, 2022 -0.48
Mar 31, 2022 -0.17
Dec 31, 2021 -6.36
Sep 30, 2021 -0.02
Jun 30, 2021 -7.02