Remitly Global RELY
NASDAQ RELY
$24.82 -1.35 (-5.16%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Remitly Global's (RELY) quarterly Interest Coverage Ratio came in at 0.8 in Q2 2026, up 251.34% year-over-year from 0.23 in Q2 2025, and up 2.71% quarter-over-quarter from 0.78 in Q1 2026.

Analysis

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

Remitly Global (RELY) has reported Interest Coverage Ratio for 7 consecutive years, with 0.8 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 251.34% year-over-year to 0.8 in Q2 2026; TTM through Jun 2026 was 0.59, a 489.73% increase from a year earlier, with the FY2025 full-year figure at 0.3, up 275.12% from the prior year.
  • Interest Coverage Ratio was 0.8 for Q2 2026 at Remitly Global, up from 0.78 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 0.8 in Q2 2026 and troughed at 1.09 in Q2 2022.
  • A 5-year average of 0.22 and a median of 0.33 in 2024 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio tumbled 1137.85% in 2022 and jumped 2414.17% in 2025, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 0.67 in 2022, then increased by 20.02% to 0.54 in 2023, then jumped by 88.81% to 0.06 in 2024, then jumped by 1058.14% to 0.58 in 2025, then jumped by 38.71% to 0.8 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.8 (Q2 2026), 0.78 (Q1 2026), and 0.58 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Wise 12.70 Bn 12.70 Bn - -
2 Remitly Global 5.24 Bn 4.56 Bn 333.98 Mn 0.80
3 Western Union 2.20 Bn 1.28 Bn 336.50 Mn 3.34
4 International Money Express 433.73 Mn 283.10 Mn - 3.77
5 Currenc 223.76 Mn 145.13 Mn 3.70 Mn -1.26
6 Sentage Holdings 4.77 Mn 4.77 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.80
Mar 31, 2026 0.78
Dec 31, 2025 0.58
Sep 30, 2025 0.17
Jun 30, 2025 0.23
Mar 31, 2025 0.23
Dec 31, 2024 -0.06
Sep 30, 2024 0.01
Jun 30, 2024 -0.28
Mar 31, 2024 -0.39
Dec 31, 2023 -0.54
Sep 30, 2023 -0.76
Jun 30, 2023 -0.45
Mar 31, 2023 -0.81
Dec 31, 2022 -0.67
Sep 30, 2022 -1.03
Jun 30, 2022 -1.09
Mar 31, 2022 -0.67
Dec 31, 2021 -0.50
Sep 30, 2021 -0.49