Remitly Global (RELY) Interest Coverage Ratio (2020 - 2026)
Remitly Global (RELY) reported Interest Coverage Ratio of 22.05 for Q1 2026, up 134.16% year-over-year from 9.42 in Q1 2025, and up 44.7% quarter-over-quarter 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 22.05 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 22.05, up 134.16% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.6 (up 843.11% YoY), and the FY2025 annual result was 10.18, up 184.39% from the prior year.
- Interest Coverage Ratio grew to 22.05 in Q1 2026 per RELY's latest filing, from 15.24 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 22.05 in Q1 2026 and troughed at 118.61 in Q2 2022.
- A 5-year average of 33.25 and a median of 25.95 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio tumbled 1590.01% in 2022, then jumped 1049.44% in 2025.
- 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.
- Business Quant data shows RELY's Interest Coverage Ratio at 22.05 in Q1 2026, 15.24 in Q4 2025, and 5.57 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 49.35 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 4.63 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 1.83 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 138.10 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.25 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -24.19 |
| 10 | Remitly Global | 3.88 Bn | 3.23 Bn | 425.99 Mn | 22.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |